$569,000

0 S Burton Street, Nipomo, CA 93444

  • 12,000 sqft
  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $47/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Date Added:
August 18, 2025 at 05:00AM
Listing Office:
Burnes Commercial Group : 805-556-0900
Listing Agent:
Mark Burnes : 805-556-0900
MLS ID:
CRPI25185912
  • HOA Amenities: 0.0
  • County: San Luis Obispo
  • Zoning: RMF090123019
  • View: None

This listing courtesy of Mark Burnes, Burnes Commercial Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dana Elementary School

920 W Tefft St, Nipomo, CA, 93444

Grades KG-6

0.41 miles away

M

Mesa Middle School

2555 S Halcyon Rd, Arroyo Grande, CA, 93420

Grades 7-8

5.42 miles away

N

Nipomo High School

525 N Thompson Ave, Nipomo, CA, 93444

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.