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646 Grande Ave Nipomo, CA, 93444
$3,350,000 Land for sale 4.30 acres
A DEVELOPERS DREAM WITH CURRENT CASHFLOW! An approximately 4.3 acre, multi-family parcel adjacent to the Nipomo shopping corridor and recently completed Grocery Outlet Bargain Market shopping center. Owner is currently in process of securing entitlements to allow for a subdivided development. Owner is pursuing 54-58 duet units as shown in the photos. A 3/2 2000sf SFH sits on the property with long-term tenants that more than covers holding costs. SFH is on city water, has septic, and power connected. Seller has secured an Intent To Serve from the Nipomo CSD for up to 112 units but this will be reduced with the current duet plan. Seller would consider carrying a first-trust deed note, terms to be negotiated. Don't miss the rare opportunity to acquire high-density residential land in the heart of Nipomo!
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Property details
187,308 sqft interior area
View
Hills, Mountain(s)
Land area
187,308 sqft (4.30 acres)
Price per sqft
$17/sqft
Days on Verhouse
95
Address
646 Grande Ave, Nipomo, CA, 93444
City of California
Nipomo
County
San Luis Obispo
District
Listing
Zoning
RMF
Open Houses
No upcoming open houses
Listed by
Chase Morgan, Morgan Brothers Real Estate
Name
Chase Morgan
License number
02221440
Brokerage company
Morgan Brothers Real Estate
MLS #
CRSC24014963
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Calculate your monthly payments
Mortgage
$10,286
Taxes
$0
HOA dues
$0
Mortgage
$670,000 / 20%
2.28%
30 years
Your amount
$10,286 / month
Lot details
TMK #095579002
Lot Description
Secluded, Other
Parcel #
095579002
93444 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93444
34%
Families with children
National average: 39%
20%
Non family households
20,049
Population
$105,682
Average Income
Age & gender
Median age 43 years
More info
Commute types
92% commute by car
More info
Education level
22% have high school education
More info
Number of employees
24% work in education and healthcare
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Vehicles available
39% have 3 or more
More info
Vehicles by gender
39% have 3 or more
More info
Housing market insights for
$797.6k
Neighborhood average
sales price*
sales price*
$794.5k
Neighborhood median
sales price*
sales price*
56
Number
of sales*
of sales*
Housing type
77% are single detacheds
More info
Rooms
39% of the houses have 4 or 5 rooms
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Bedrooms
81% have 2 or 3 bedrooms
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Owners vs Renters
74% are owners
More info
11 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Other Water/Sewer, Propane, See Remarks
Utilities
Other Water/Sewer, Propane, See Remarks
Location Details, Documents & Disclosures
—
Directions to property
On Grande just west of HWY 101
Price history
New Listing Jan 24, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 24, 2024 | New Listing | $3,350,000 -1.47% | 17.88 | MLS #CRSC24014963 |
| Jan 24, 2024 | Withdrawn | $3,400,000 | 18.15 | MLS #CRSC23168585 |
| Dec 11, 2023 | For sale | $3,400,000 | 18.15 | MLS #CRSC23168585 |
| Dec 11, 2023 | Price Decrease | $3,400,000 -2.72% | 18.15 | MLS #CRSC23168585 |
| Oct 24, 2023 | Unavailable | $3,495,000 | 0 | MLS #CRSC23168585 |
| Oct 16, 2023 | Price Decrease | $3,495,000 -2.92% | 18.66 | MLS #CRSC23168585 |
| Sep 11, 2023 | Price Increase | $3,600,000 +5.88% | 19.22 | MLS #CRSC23168585 |
| Sep 11, 2023 | New Listing | $3,400,000 | 18.15 | MLS #CRSC23168585 |
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Frequently Asked Questions about 646 Grande Ave
What is 646 Grande Ave?
646 Grande Ave is a lot of 4.30 acres (about is 187,308 sqft).
What is the full address of this Land?
646 Grande Ave, Nipomo, CA, 93444.
Tell me about the point of interest nearby
The closest grocery stores are Vons, 0.42 miles away and Vallarta Supermarket, 4.82 miles away.
Based on information from the bridgeMLS as of 04-27-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 01, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Vons, 0.42 miles away and Vallarta Supermarket, 4.82 miles away.
The 93444 zip area has a population of 20,049, and 34% of the families have children. The median age is 43.8 years and 92% commute by car. The most popular housing type is "single detached" and 74% is owner.
