Thank you
Robert Mariani
Mariani Realty
805-459-2324
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.
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Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 1.81
Lot Size Source: Assessor
Lot Size Square Feet: 78844
Original List Price: 4,900,000
Listing Contract Date: 2024-01-26
Listing Agreement: Exclusive Right To Sell
Parcel Number: 062271013
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: OCNO - Oceano
Postal Code Plus 4: 9406
Directions: Off Highway 1
Zoning: Multi
Source Property Type: Land
Area: OCNO - Oceano
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Palace Avenue, Oceano, CA,93445 | $349,000 | -- | -- | -- | 30492 Sqft |
1515 Ocean Street, Oceano, CA,93445 | $449,000 | -- | -- | -- | 6970 Sqft |
2700 Cienaga Street #35, Oceano, CA,93445 | $445,000 | 3 | 2 | 1,440 | -- |
338 Mccarthy Avenue, Oceano, CA,93445 | $469,000 | -- | -- | -- | 3000 Sqft |
2531 Cienaga Street #28, Oceano, CA,93445 | $199,900 | 2 | 2 | 800 | -- |
1111 Strand Way, Oceano, CA,93445 | $3,499,000 | 5 | 5 | 3,869 | 5980 Sqft |
746 Jetty Avenue, Oceano, CA,93445 | $180,000 | -- | -- | -- | 6875 Sqft |
Surf Avenue, Oceano, CA,93445 | $399,000 | -- | -- | -- | 3000 Sqft |
2400 Cienaga Street #51, Oceano, CA,93445 | $360,000 | 3 | 2 | 1,048 | -- |
1460 Strand Way, Oceano, CA,93445 | $3,100,000 | 3 | 3 | 2,950 | 4500 Sqft |
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ByOwner last updated this listing 05/04/2024 @ 22:19
MLS: PI24016331
LISTED BY: Robert Mariani, Mariani Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.