Grover Beach, CA 93433,480 Longbranch AVE
Grover Beach, CA 93433,480 Longbranch AVE
Grover Beach, CA 93433,480 Longbranch AVE
$370,000
Est. payment /mo
$325,000
13.8%
Est.Price: ?

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7,775 Sqft Lot
SOLD DATE : 07/03/2023

Key Details

Sold Price $370,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Grover Beach (330)

MLS Listing ID PI23097856

Sold Date 07/03/23

HOA Y/N No

Lot Size 7,775 Sqft

Property Description

7,750 CR-2 Lot with ALL UTILITES CONNECTED. Calling all investors and developers. The seller has entitled plans for a 4-8 unit development. In 2016, this property had an existing home on the lot, making it READY TO BUILD. With the property's zoning, the potential to build multiple units exists, making it an excellent investment opportunity for those seeking to maximize their return or expand their real estate portfolio. The Coastal Medium Density Residential Zone allows for small-lot detached and attached multiunit residential dwellings, with a density limit of NINE units per acre. Option to build 2 single-family residences and 2 ADU's. Please note, the lot next door at 456 Longbranch is also offered for sale, giving investors the opportunity to BUILD UP TO EIGHT UNITS (check with the panning dept) combined with both lots. Conveniently located in Grover Beach, this home offers easy access to local amenities, schools, parks, and the stunning California coastline. With its prime location and limitless potential, 480 Longbranch Ave presents a rare opportunity to create your own vision of coastal living.

Location

State CA

County San Luis Obispo

Area Grvc - Grover Beach

Zoning CR2

Interior

Fireplace No

Exterior

Fence Chain Link, Wood

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Building

Lot Description 6-10 Units/Acre, Flat

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 060265021

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Abel Contreras • Invest SLO
Bought with Kyle Perhac • Keller Williams Realty Central Coast

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agent

Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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