90131001 W Branch Street

Nipomo, CA 93444
$713,400
1.49 acres | #SC23040665
Courtesy of Greater Heights Financial & Realty Inc

Description

This property is situated on the corner of W Branch Street & North Mallagh Street. The property is bounded on three sides by the Burton "paper" street, Branch St, and Mallagh St. The "paper" Burton St is a dedicated County right-of-way and not a finished street. This is a perfect opportunity for a development because the property on the other side of Burton St is already under development. Directly across the street from the subject property are homes. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both. The land can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties, or as a high density multi-family development, see Supplements for explanations on these two alternative development opportunities. Part of the value of this property for residential is its proximity to one of the most popular restaurants on the central coast, Jockos Steakhouse. The property is flat and is within the urban reserve line.

  • Property Details
      • View:Hills
      • Lot description:Level, RectangularLot, StreetLevel, Flat
      • Acres:1.49
      • Property type:Purchase
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
      • Subdivision:Nipomo(340)
      • County:San Luis Obispo
      • Original List Price:$713, 400
      • MLS #:SC23040665
      • Cost:713400
      • Property subtype:Land
      • MLS #:SC23040665

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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