Listing by: Robert Mariani, Mariani Realty, 805-459-2324

0 Beds

n/a Full bath

n/a SqFt

Active

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.

Property Details
Price $4,900,000
Lot Size Area 78844
Lot Size Area Units Square Feet
Acres 1.81
Property Type Land
Exterior Features Urban
Subdivision Oceano(350)
View None
Lot Description 11-15 Units/Acre
Association Fee 0
Geographic Data
Directions Off Highway 1
County San Luis Obispo
Latitude 35.104629
Longitude -120.617028
Market Area OCNO - Oceano
Address Information
Address 1273 Belridge Street, Oceano, CA 93445
Postal Code 93445
City Oceano
State CA
Country United States
Listing Information
Listing Office Mariani Realty
Listing Agent Robert Mariani
Listing Agent Phone 805-459-2324
Buyer Agency Compensation 2.500
Attribution Contact 805-459-2324
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
MLS Information
Days on market 46
MLS Status Active
Listing Date Jan 27, 2024
Listing Last Modified Apr 11, 2024
Tax ID 062271013
MLS Area OCNO - Oceano
MLS # PI24016331

This information is believed to be accurate, but without any warranty.
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