1981 Green Street, Cambria, CA 93428 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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1981 Green Street, Cambria, CA 93428

$1,100,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Owen Schwaegerle | owen.schwaegerle@kw.com
Lic#: 02040597
Broker: Courtesy of Keller Williams Realty Central Coast

Co Listing Agent


Camille Schwaegerle | camille.s@kw.com
Lic#: 02107467
Broker: Courtesy of Keller Williams Realty Central Coast

Agent Remarks

Seeking your next senior housing development project? Presenting an exceptional investment opportunity with this 1.25-acre multifamily-zoned property nestled in the picturesque town of Cambria. This 7 lot property owns the rights to 2 water meters within the Cambria Community Service District (CCSD) in the amount of 11.78 Equivalent Dwelling Units (EDUs), which could accommodate approximately 29 senior housing apartments. This site was previously approved by the San Luis Obispo County Planning Department and Board of Supervisors for a 31-unit / 41-bed RCFE Assisted Living - Memory Care facility of 28,000 square feet. All utilities are available at the property including water, sewer, natural gas, electrical power, telephone, and cable. Sale includes an extensive library of completed architectural, engineering, environmental, and geotechnical studies and compliance documents. Due to the high demand for more affordable housing in California, and the state mandating local municipalities to approve more construction projects, this lot is ripe with development potential!

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# SC24001286
List price is $1,100,000 Reduced by $200,000 on 11/1/2024
Price: $1,100,000
HOA Fee is $0.00
Beds: 0
Baths: 0
1.25 acres
Lot size: 1.2500
Subdivision: Lodge Hill(430)
County: San Luis Obispo
Zoning: RMF
Lot description: ZeroToOneUnitAcre
MLS area: CAMB - Cambria

Last Updated: 1/19/2025

 Days On Market (DOM): 523

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This listing belongs to the CAMB - Cambria MLS area

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Lat/Long: 35.549837, -121.072258.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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