695 Hill Street, Nipomo, CA 93444

$1,299,000
List Price
$1,299,000
Status
ACTIVE
MLS#
PI20018352
Year Built
1984
Lot Size
116,741
Acres
2.68
Lot Location
Level with Street, Rectangular Lot
Days on Market
129
Property Type
Multifamily
Stories
One Level
Builders Tract Code
Nipomo(340)
Neighborhood
Nipomo(340)

Property Description

Attention Developers! Enjoy great income until ready to build! This beautiful 2.68 acre parcel in Nipomo includes a proposed development map of 21 separate PUD units, Intent to Serve letter from NCSD water company and 2 separate homes on the property which are currently rented for a total of $3500 per month. This is a rare opportunity to collect significant income while fine-tuning and building out your new development! Current zoning is residential multi-family so you are ready to go! Nipomo has been advertised as having the best weather in the US. Close to beaches, shopping, hospitals, schools and easy route to highways. Property is on the corner of Hill St and Blume St. Addresses of the homes are 247 Blume and 695 Hill.

Additional Information

Lot Description
Rural, Suburban
Pool Description
None
Garage Spaces Total
2
Sewer
Unknown
Water
Public
Attached Structure
Detached
Total Number of Units
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Nancy Puder from Keller Williams Realty Central Coast

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.