646 Grande Ave, Nipomo, CA 93444
FOR SALE4.3 ACRES
Listed by Chase Morgan, Morgan Brothers Real Estate, (805) 308-7394

646 Grande Ave
Nipomo, CA 93444

      $3,350,000

      Original price: $3,400,000
      Est. Mortgage $21,002/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      A DEVELOPERS DREAM WITH CURRENT CASHFLOW! An approximately 4.3 acre, multi-family parcel adjacent to the Nipomo shopping corridor and recently completed Grocery Outlet Bargain Market shopping center. Owner is currently in process of securing entitlements to allow for a subdivided development. Owner is pursuing 54-58 duet units as shown in the photos. A 3/2 2000sf SFH sits on the property with long-term tenants that more than covers holding costs. SFH is on city water, has septic, and power connected. Seller has secured an Intent To Serve from the Nipomo CSD for up to 112 units but this will be reduced with the current duet plan. Seller would consider carrying a first-trust deed note, terms to be negotiated. Don't miss the rare opportunity to acquire high-density residential land in the heart of Nipomo!

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      94 days ago

      Home Details for 646 Grande Ave

      Interior Features

      Appliances & Utilities
      Utilities: Cable Connected, Electricity Connected, Propane, See Remarks
      Gas & Electric
      Has Electric on Property
      View
      Has a ViewView: Hills, Mountain(s)

      Exterior Features

      Exterior Home Features
      Fencing: Wire, Wood
      Parking & Garage
      No Garage
      Frontage
      Road Frontage: City Street, Private RoadRoad Surface Type: PavedNot on Waterfront
      Water & Sewer
      Sewer: Conventional Septic
      Surface & Elevation
      Elevation Units: Feet

      Days on Market

      Days on Market: 94

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land
      Building
      Not a New ConstructionNo Additional Parcels
      Property Information
      Usage of Home: 54+ Parceled Units, Density Bonuses May Be Available, Check With County. Owner Currently Pursuing Entitlements That Allow For 54-58 Units As Duets.Parcel Number: 095579002

      Price & Status

      Price
      List Price: $3,350,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: NipomoCommunity: Nipomo(340)

      Agent Information

      Listing Agent
      Listing ID: SC24014963

      Community

      Community Features: SuburbanNot Senior Community

      HOA

      Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

      Lot Information

      Lot Area: 4.3 Acres

      Listing Info

      Special Conditions: Standard

      Compensation

      Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: SC24014963

      Additional Information

      Suburban
      Last check for updates: about 2 hours ago
      Listing Provided by: Chase Morgan DRE #02221440
      Morgan Brothers Real Estate
      Originating MLS: California Regional MLS
      Source: CRMLS, MLS#SC24014963

      Price History for 646 Grande Ave

      DatePriceEventSource
      01/24/2024$3,350,000PriceChange
      CRMLS #SC24014963
      12/11/2023$3,400,000PriceChange
      CRMLS #SC23168585
      10/16/2023$3,495,000PriceChange
      CRMLS #SC23168585
      09/11/2023$3,600,000Listed For SaleCRMLS #SC23168585
      05/13/2022$2,525,000Sold
      N/A

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      Property Taxes and Assessment

      Year2023
      Tax$27,246
      Assessment$2,575,500
      Home facts updated by county records

      Comparable Sales for 646 Grande Ave

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      0.47
      Lot/Land
      $550,000
      12/01/23
      -
      -
      0.73
      Lot/Land
      $170,000
      06/08/23
      -
      -
      0.86
      Lot/Land
      $309,000
      07/14/23
      -
      -
      0.80
      Lot/Land
      $170,000
      06/08/23
      -
      -
      0.90
      Lot/Land
      $589,000
      10/30/23
      -
      -
      0.83
      Lot/Land
      $59,900
      04/05/24
      -
      -
      0.88
      Lot/Land
      $100,000
      07/19/23
      -
      -
      1.10
      Lot/Land
      $160,000
      07/03/23
      -
      -
      1.10
      Lot/Land
      $100,000
      08/11/23
      -
      -
      2.39
      Lot/Land
      $700,000
      04/26/24
      -
      -

      What Locals Say about Nipomo

      • Amayresxo
        "The parades and the Easter egg hunting at the park. Trick or treating all over town. Close community. Everyone knows everyone. All my family lives here. "
        1
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      • Nblbmx890
        "I love Nipomo its in the middle of multiple bigger cities so commute time is pretty minimal, i drive an average of 30 miles each way"
        3
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      • Aaron R.
        "Except for the main st. “Tefft” and other major areas the streets in the neighborhoods are dark if not black w/ poor visibility. Probably why trick or treating isn’t very popular or safe here. "
        2
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      • eh
        "i drive my car ... vons shopping center is nearby and a good sized mexican market on corner of orchard and division..."
        0
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      • S. Sullivan
        "Great walk ways with nice landscaping as well as poop stations to keep it clean. Many people like walking their dogs and are very well behaved. "
        3
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      • Kim
        "very nice neighbors. great place to live. good local grocery store. safe neighborhood. great bike trails"
        0
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      • Wayne J
        "This is a very quiet and safe neighborhood. Very friendly neighbors but also respectful of your privacy."
        1
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      • Audra F.
        "If you love horses this is a great place to be. The people are friendly and the neighbors are usually nice. "
        0
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      • Jim93444
        "Fairly easy close to freeway and! Most days ready to get to work quick which is 25 miles away This is a small town is about 20,000 people and had a small town atmosphere "
        0
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      • Ffarmchicken
        "Very quiet, great neighbors, no crime, no graffiti, no homeless bums. Very few rentals in this area. Everyone minds their own business. Most neighbors are retired working people. Nobody moves, so lots of long time homeowners here. Overall, a safe neighborhood."
        0
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      • Bbca1316
        "been in this area for 32 years so I know all neighborhoods very well. Nipomo is a very safe and nice area to live with great weather . "
        4
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      • Apanzardi
        "We moved here because its rural, but after having children and not having sidewalks it is not exactly a perfect family place unless you like driving your kids everywhere. The privacy is great, but again, its nothing like living in the burbs where you can walk safely to the store on a sidewalk on a busy street. But, I will say they love it here and if you want mellow, then this is totally the place for you. Horse and pet friendly!"
        0
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      • David C.
        "Quiet, Safe, Serene best neighborhood in the area"
        0
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      • blackfootmedia
        "Nice area to live great neighbors and a community park for everyone to enjoy"
        0
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      • Dennis
        "Nipomo CA is a small community near the coast and it enjoys the best weather in the US . This property is very special."
        1
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      • Srude105
        "2 blocks of the New CHC Medical Clinic - Nipomo Park- Dana Elementary and Nipomo Library ... Neighbors in our area are law enforecement -professionals and decent people- had one home break in back in 2010 "
        0
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      LGBTQ Local Legal Protections

      Chase Morgan, Morgan Brothers Real Estate
      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
      Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      646 Grande Ave, Nipomo, CA 93444 is a lot/land. This property is currently available for sale and was listed by CRMLS on Jan 24, 2024. The MLS # for this home is MLS# SC24014963.