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$4,900,000

Est. payment - /mo

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1.81 Acres Lot

Active

1273 Belridge ST Oceano, CA 93445

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:46 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Oceano(350)

MLS Listing ID PI24016331

HOA Y/N No

Lot Size 1.810 Acres

Property Description

Introducing 1273 Belridge: A golden opportunity awaits with this 27-unit apartment development, boasting all entitlements approved by the County. Nestled in the prime Opportunity Zone, this property offers 27 expansive 3 and 4-bedroom apartments, each complemented by a private oversized 2-car garage and 2 assigned parking spaces. The journey begins with a Conditional Use Permit already in hand, signaling the commencement of demolition on February 1st, 2024. Following swiftly is the grading and construction phase, culminating in the completion of the building by December 20, 2025. Seize this rare chance to become the proud Owner/Buyer and enjoy substantial tax benefits. Don't miss out ? inquire with your Realtor for comprehensive details provided in the attached Timelines & Approvals.

Location

State CA

County San Luis Obispo

Area Ocno - Oceano

Zoning Multi

Interior

Fireplace No

Exterior

Community Features Urban

View Y/N No

View None

Building

Lot Description 11-15 Units/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 062271013

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Robert Mariani • Mariani Realty • 805-459-2324

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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