HUGE PRICE REDUCTION ** The original appraised price was $1,420,000 for both parcels totaling 3 acres. It Is NOW ONLY $850,000. **Owners want to sell 312 (MLS#166681) & 372 (MLS#166684) Oak Glen Avenue at same time. **Appraied Value and Price were based on land value** GREAT POTENTIAL! This parcel, in Nipomo, just down the street from the Historical Dana Adobe, Jocko's, Vons and ACE Hardware. Easy access to Hwy 101 and both of Nipomo's business areas. Currently zoned single family residential. Highest and best use is multiple single family units. ** SOLD AS IS ** GREAT CASH FLOW POTENTIAL **. There are currently 7 non-conforming units. 1- duplex unit and 6-single units on this parcel. They can be refurbished and used while you are going through the planning and permit process for the ultimate project. WIN-WIN! There are NO red tags on the units. The potential highest and best use is 20-25 SFR Units.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Vacant Land (0-10 Acres) located at 312 S Oak Glen Ave, Nipomo, CA 93444 is currently for sale.
312 S Oak Glen Ave is listed by CENTURY 21 Real Estate for $550,000.
This property has approximately 74,923 square feet.
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