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Nipomo, CA

Apartment Building

Nipomo, CA Apartment Buildings for Sale

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Arroyo Grande, CA Santa Maria, CA Guadalupe, CA Oceano, CA Grover Beach, CA Templeton, CA Pismo Beach, CA Casmalia, CA

Entitled Multifamily Development Site

Updated: Jul 10

Entitled Multifamily Development Site

222 South Frontage Road, Nipomo, CA 93444

$7,500,000

385,942 sqft 8.86 AC lot

Fully approved 240‑unit, market‑rate multifamily development site in Nipomo, CA
Located on approximately 8.86 acres with direct access to U.S. Highway 101
Approved by the San Luis Obispo County Planning Commission in February 2024
Includes Conditional Use Permit approval and CEQA clearance through an adopted Mitigated Negative Declaration

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Nipomo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

6-Unit Multifamily Property

6-Unit Multifamily Property

740 Ramona, Grover Beach, CA 93433

$2,290,000

4,500 sqft 0.24 AC lot

Two triplex buildings each offer three 2-bedroom apartments above separate 2-car garages, with laundry on-site.

Santa Maria Multifamily Investment Opportunity

Santa Maria Multifamily Investment Opportunity

127 W Agnes Ave, Santa Maria, CA 93458

$3,500,000

7,950 sqft

13-unit multifamily property in Santa Maria with assumable loan.

Ground-Floor Retail Condo Units

Ground-Floor Retail Condo Units

401 W Grand Avenue, Grover Beach, CA 93433

$725,000

First phase includes two ground-floor commercial condo spaces delivered as cold shells at 401 W Grand Avenue.

Furnished Santa Maria Workforce Housing

Furnished Santa Maria Workforce Housing

1324 N Broadway, Santa Maria, CA 93454

$9,500,000

3.95 AC lot

Four-acre property with 100 cottages, ideal for workforce housing.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Freeway Exposure

Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000

2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

Lancaster Corner Lot Investment Opportunity

Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000

0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

Development Opportunity with DTLA Views

Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000

0.22 AC lot

Land with potential for up to 23 units.

San Jacinto Land with Utilities

San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000

0.33 AC lot

Unique lot with utilities available for multiple residential uses.

Off-Market Properties in Nipomo, CA

Consider similar Off-Market properties in Nipomo, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

261 Hazel Ln

APARTMENT HOUSE (5+ UNITS)

261 Hazel Ln, Nipomo, CA 93444-9659

$1,175,000

Estimated value

1.06 AC lot

204 Price St

APARTMENT HOUSE (5+ UNITS)

204 Price St, Nipomo, CA 93444-5300

Value Estimation by Request

1,578 sqft 0.55 AC lot

1141 Division St

APARTMENT HOUSE (5+ UNITS)

1141 Division St, Nipomo, CA 93444-9602

Value Estimation by Request

4.96 AC lot

312 Oak Gln Ave

APARTMENT HOUSE (5+ UNITS)

312 Oak Gln Ave, Nipomo, CA 93444-9710

Value Estimation by Request

1.72 AC lot

479 Avenida De Socios

APARTMENT HOUSE (5+ UNITS)

479 Avenida De Socios, Nipomo, CA 93444-8975

Value Estimation by Request

1.08 AC lot

272 Oak Gln Ave Spc, Unit 10

APARTMENT HOUSE (5+ UNITS)

272 Oak Gln Ave Spc, Nipomo, CA 93444-8701

Unit 10

Value Estimation by Request

1,872 sqft 5.58 AC lot

132 Bee St

APARTMENT HOUSE (5+ UNITS)

132 Bee St, Nipomo, CA 93444-9731

Value Estimation by Request

540 sqft 0.32 AC lot

469 Avenida De Socios, Unit 1

APARTMENT HOUSE (5+ UNITS)

469 Avenida De Socios, Nipomo, CA 93444-8985

Unit 1

$1,590,000

Estimated value

4,957 sqft 1.33 AC lot

391 Avenida De Amigos

APARTMENT HOUSE (5+ UNITS)

391 Avenida De Amigos, Nipomo, CA 93444-9675

Value Estimation by Request

1.26 AC lot

172 Price St

APARTMENT HOUSE (5+ UNITS)

172 Price St, Nipomo, CA 93444-5306

Value Estimation by Request

0.55 AC lot

704 Kelly Ct

APARTMENT HOUSE (100+ UNITS)

704 Kelly Ct, Nipomo, CA 93444-8735

Value Estimation by Request

4.50 AC lot

764 Hl St

APARTMENT HOUSE (5+ UNITS)

764 Hl St, Nipomo, CA 93444-8794

Value Estimation by Request

2.61 AC lot

724 Grande Ave

APARTMENT HOUSE (100+ UNITS)

724 Grande Ave, Nipomo, CA 93444-8744

Value Estimation by Request

4.00 AC lot

562 Division St

APARTMENT HOUSE (5+ UNITS)

562 Division St, Nipomo, CA 93444-9601

Value Estimation by Request

1.25 AC lot

2309 Division St

APARTMENT HOUSE (5+ UNITS)

2309 Division St, Nipomo, CA 93444-8762

Value Estimation by Request

101.06 AC lot

Nipomo, CA Apartment Buildings Market Trends and Statistics

Explore 16 apartment buildings for sale in Nipomo, CA on our real estate platform. These investment opportunities span a total of 385,942 square feet of properties for sale, with an estimated market value of $7,500,000.

Sale prices for two-family homes in Nipomo, CA average $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 21K

Population Growth (5Y) +3.5%

Median Household Income $105,655

College Educated 48.5%

Taxes & Financing

Tax Rate (average for all types) 0.99%

Property Tax per SF $22.41 per SF

Tax Rate vs County Average 0.14 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Luis Obispo County

New Delisted

Total CRE Inventory on Market (SF)

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