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.
Property Details
Price:
$569,000
MLS #:
PI25185912
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Nipomo340
Neighborhood:
npmo
Listed Date:
Aug 18, 2025
Lot Size:
12,000 sqft / 0.28 acres (approx)
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Community Features
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Financial
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Community
- AddressS Burton ST Lot 7 Nipomo CA
- SubdivisionNipomo(340)
- CityNipomo
- CountySan Luis Obispo
- Zip Code93444
Subdivisions in Nipomo
Market Summary
Property Summary
- Located in the Nipomo(340) subdivision, S Burton ST Lot 7 Nipomo CA is a Land for sale in Nipomo, CA, 93444. It is listed for $569,000 and features 0 acres.
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S Burton ST Lot 7
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