• 1273 Belridge Street Oceano, CA 93445

  • $4,900,000
  • 0
    Sq Ft
  • 78844
    Sqft
  • Listed By: Robert Mariani, Mariani Realty, DRE #01374161
  • Source: CRMLS

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.

Property Type :

Land

Subdivision :

Fallbrook

County :

San Luis Obispo

Style :

Land

Sell a home like this and save $293,501 Find Out How

Property Details

 

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 1.81

Lot Size Source: Assessor

Lot Size Square Feet: 78844

Listing Price Information

Original List Price: 4,900,000

Listing Contract Date: 2024-01-26

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 062271013

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

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

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

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.

Selling? Save $293,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion