$370,000
$325,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
7,775 Sqft Lot
SOLD DATE : 07/03/2023
Key Details
Sold Price $370,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI23097856
Sold Date 07/03/23
HOA Y/N No
Lot Size 7,775 Sqft
Acres 0.1785
Property Description
7,750 CR-2 Lot with ALL UTILITES CONNECTED. Calling all investors and developers. The seller has entitled plans for a 4-8 unit development. In 2016, this property had an existing home on the lot, making it READY TO BUILD. With the property's zoning, the potential to build multiple units exists, making it an excellent investment opportunity for those seeking to maximize their return or expand their real estate portfolio. The Coastal Medium Density Residential Zone allows for small-lot detached and attached multiunit residential dwellings, with a density limit of NINE units per acre. Option to build 2 single-family residences and 2 ADU's. Please note, the lot next door at 456 Longbranch is also offered for sale, giving investors the opportunity to BUILD UP TO EIGHT UNITS (check with the panning dept) combined with both lots. Conveniently located in Grover Beach, this home offers easy access to local amenities, schools, parks, and the stunning California coastline. With its prime location and limitless potential, 480 Longbranch Ave presents a rare opportunity to create your own vision of coastal living.
7,750 CR-2 Lot with ALL UTILITES CONNECTED. Calling all investors and developers. The seller has entitled plans for a 4-8 unit development. In 2016, this property had an existing home on the lot, making it READY TO BUILD. With the property's zoning, the potential to build multiple units exists, making it an excellent investment opportunity for those seeking to maximize their return or expand their real estate portfolio. The Coastal Medium Density Residential Zone allows for small-lot detached and attached multiunit residential dwellings, with a density limit of NINE units per acre. Option to build 2 single-family residences and 2 ADU's. Please note, the lot next door at 456 Longbranch is also offered for sale, giving investors the opportunity to BUILD UP TO EIGHT UNITS (check with the panning dept) combined with both lots. Conveniently located in Grover Beach, this home offers easy access to local amenities, schools, parks, and the stunning California coastline. With its prime location and limitless potential, 480 Longbranch Ave presents a rare opportunity to create your own vision of coastal living.
Location
State CA
County San Luis Obispo
Area Grover Beach (93433)
Building
Lot Description Curbs, Sidewalks
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $22, 784
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kyle Perhac • Keller Williams Realty Central Coast