Published October 6, 2025

$1,100,000 1981 Green St. Cambria, CA 93428 1.25 Acres | Multifamily Zoning | Water Meters Included

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Written by Owen & Camille Schwaegerle

$1,100,000 1981 Green St. Cambria, CA 93428 1.25 Acres | Multifamily Zoning | Water Meters Included header image.

{original post 6/9/2025}


$1,100,000 1981 Green St. Cambria, CA 93428 1.25 Acres | Multifamily Zoning | Water Meters Included  



Property Highlights 1.25-acre lot in scenic Cambria – ideal for senior living or multifamily development. Zoned for multifamily use with state mandate supporting senior housing Includes 2 water meters (11.78 EDUs) – estimated to support ~29 senior housing apartments Previously approved plans for a 31-unit / 41-bed assisted living & memory care facility. Fully equipped with utilities – ready for development comes with a full suite of architectural and environmental studies. Investment Potential Strong demand for senior housing and assisted living communities in California Located in a highly desirable coastal town with a supportive regulatory environment capitalize on state mandates promoting affordable and senior housing. Opportunity to develop in line with community needs and long-term housing trends seller is willing to compensate buyer broker fees. Reach out today to learn more!

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