Historical Land Sale Listing - 40 Unit Townhome Development Opportunity

Land For Sale

This Land property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Land For Sale, Lompoc, CA or California

40 Unit Townhome Development Opportunity

1275 V Street, Lompoc, CA 93436

40 Unit Townhome Development Opportunity
  • N/A
  • Land
  • Multifamily (land)
  • 093-070-036
  • Medium Density, R2-PD
Last Verified  6/6/2011 Listing ID  15086890

1 Lot

Lot 1

  • N/A
  • 3 AC
  • Multifamily (land)
  • 3%

Highlights

  • 40 Executive Style Townhome Development
  • 3% Commission
  • Flat Topography
  • Great Location-Growing Community
  • Infill Project
  • Great Opportunity

Description

Coastal Meadows is an approximately 3 acre project located within the city limits of Lompoc, County of Santa Barbara, State of California. The project contains a total of 40 residential units composed of 10 Triplex buildings and 5 Duplex buildings. Ten Percent of the units (4) are price restricted by the City of Lompoc as Affordable housing. The project also includes a central homeowners recreation center and even though located within a developed area of the city it is surrounded on three sides by open space.
The adjacent uses are single family homes to the south and east, open space wetlands to the west, behind which is a new residential development, and an attractive manufactured home community to the north. The project site is zoned Medium Density Residential. The sites topography is essentially flat. Seller will look at all offers and is ready to negotiate!

The project is ideally located at 1275 North V Street, approximately one block south of Central Avenue, one of the City' s main collector streets.

Map of 1275 V Street, Lompoc, CA 93436 (Santa Barbara County)

Advertisement

Created 4/11/2007

Additional Information for 1275 N V Street, Lompoc, CA 93436