Nipomo Multi-Family Development
For Sale
$569,000
0 S Burton St, Nipomo, CA 93444
Flat, level parcel suitable for multi-family development in Nipomo.
Property SizeContact for details
Lot Size0.28 Acres
Days on Market253
Property Features for 0 S Burton St
General Information
Standard status
Active
Lot size
0.28 Acres
Property subtype
Land
Listing Agency:
Burnes Commercial Group
(805) 556-0900
Listed By:
Mark Burnes · License #01361305
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Jul 16 at 8:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Burnes Commercial Group
Investment Insights
Based on property information with market context.
This approximately 12,000 square foot rectangular parcel is suitable for multi-family development. The flat and level lot may accommodate approximately 7 units, based on an estimated middle density of 26 units per acre, or 1,675 square feet per unit. Recent state laws regarding Accessory Dwelling Units (ADUs) may allow for an increased number of units. Development by right may also be possible with a project compliant with upgraded ordinances on ADUs and/or Affordable Housing Projects. Prospective buyers should independently confirm development potential with the local planning authority before entering into a contract. The owner is willing to carry a note and first Trust Deed with a minimum of 25% down and 7% interest-only payments for up to 5 years. A lower interest rate may be possible with a larger down payment. An escrow period of up to 6 months may be possible.
Key Highlights
- Multi‑family parcel suitable for development.
- Potential for up to 7 units based on middle density zoning.
- Opportunity to increase unit count via ADUs and/or Affordable Housing Project.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 93444, CA
22,293
Population
8,406
Households
2.7
Avg Household Size
45
Median Age
34%
College-Educated
87%
High-School Grad
65.4 sq mi
ZIP Area
341
Density / Sq Mi
$105,655
Median Household Income
$44,920
Median Earnings
$2,034
Median Rent
$746,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - Flat, level parcel suitable for multi-family development in Nipomo.
Where is this land located?
The property is located at 0 S Burton St Nipomo, CA.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Multi‑family parcel suitable for development.; Potential for up to 7 units based on middle density zoning.; Opportunity to increase unit count via ADUs and/or Affordable Housing Project.
