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Listed by Mark Burnes • Burnes Commercial Group
$ 569,000
Est. payment | /mo
12,000 SqFt
$ 569,000
Est. payment | /mo
12,000 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $47
MLS Listing ID CRPI25185912
HOA Y/N No
Lot Size 0.275 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
Property Description
A12k (+/-) multi-family parcel that is a flat & level rectangle. Determining density in this area is a little tricky, but, as best as we can tell, it falls in the middle density which is 26 units per acre which is 1675 sf per unit, which would translate to 7 allowable units. Under recent state laws, adding ADUs to a project can increase the number of units. It is also possible to develop by right with a project compliant with the upgraded ordinances on ADUs and/or Affordable Hopusing Project. IT IS IMPERATIVE THAT THE BUYER CONFIRMS ALL OF THIS WITH SLO COUNTY PLANNI9NG BEFORE WE GO UNDER CONTRACT. Owner will; carry a note and first TD with a minimum 25% down, 7% interest only payments. up to 5 years. A lower interest rate is doable with a larger downpayment. An escrow of up to 6 months is possible.w and/or a seller carry might be possible.
Location
State CA
County San Luis Obispo
Interior
Fireplace No
Exterior
View None
Building
Lot Description Level
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745