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.
Address
Open on Google Maps- Address S Burton Street
- State/county CA
- Zip/Postal Code 93444
- Area Nipomo(340)
- Country US
Details
Updated on August 18, 2025 at 4:42 pm- Property ID: PI25185912
- Price: $569,000
- Land Area: 0.2755 Acres
- Property Type: Land
- Property Status: Active
Additional details
- Listing Terms: Cash, Cash to New Loan, 1031 Exchange
- County: San Luis Obispo
- Property Type: Land
- Community Features: Biking
