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$898,000
Est. payment /mo
5,998 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID AR25062496
HOA Y/N No
Lot Size 5,998 Sqft
Property Description
Amazing development opportunity in one of the best cities on the California Central Coast! Flat, accessible land zoned R4 right in the Downtown San Luis Obispo neighborhood. Per the city, density allows for 8 units - potentially more with allowances. In Downtown SLO yet still close to Cal Poly, this location has a Walk Score of 90 out of 100. It's a Walker's Paradise so daily errands do not require a car. Bike score is a very bike-able 75. Nearby parks include Mission Plaza, Santa Rosa Park and Mitchell Park. San Luis Obispo has an average Walk Score of 56 and has 45,119 residents. Downtown is absolutely bustling with activity. There are coffee shops, restaurants, tons of retail and commercial, rooftop bars, underground breweries, museums, historic landmarks including Mission San Luis Obispo de Tolosa est. 1772 in Mission Plaza. There are cultural events, not to mention Thursday Farmers Market, and Bubblegum Alley. You can be at Morro Bay or Pismo Beach in ten minutes or get right on the 101 and go wherever you need to go. Whether building for students or busy professionals, this site is perfect for your next project. The City of San Luis Obispo recognizes the need for housing and is excited to work with you. There may be Housing Finance Agencies (HFAs) offering additional credits or soft funding.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R4
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Foothills, Hiking, Horse Trails, Sidewalks, Park
View Y/N No
View None
Building
Lot Description Level, Near Park, Paved, Rectangular Lot, Street Level, Value In Land
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 002297046
Acceptable Financing Cash, Cash to New Loan
Horse Feature Riding Trail
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Andrew Loeffler • Re/Max Premier Prop SanMarino • 951-741-0002