680 Hill Street, Nipomo, California 93444, Nipomo, 93444 - 4 bed, 2 bath
680 Hill Street
Nipomo, California 93444
Property Price
SUMMARY
Analysis of 680 Hill Street, Nipomo, California 93444 is currently available with a list price of $4,400,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Nipomo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property features structures built in 1939 with no record of major renovations in the last 50 years. The listing's high price point and RMF15 zoning emphasize the 5.5 acres of land for high-density development rather than the value of the existing homes, which are described as aging infrastructure likely requiring demolition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 239580, living area = 2119.
- Significant Development Potential
Zoned RMF15 on approximately 5.5 acres, this property offers exceptional high-density residential development opportunities in a high-demand corridor.
- Prime Downtown Location
Situated in the heart of downtown Nipomo within the West Teft Corridor, the property provides immediate proximity to local amenities, shopping, and services.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =239580, other record lot size in square feet = 123274.
- Aging Infrastructure
With structures dating back to 1939, the existing homes likely require significant renovation or demolition to facilitate modern development.
- High Entry Price
The $4.4 million list price reflects the land's development value rather than the current improvements, requiring substantial upfront capital from investors.
About 680 Hill Street
Two homes in Nipomo CA in The West Teft Corridor sitting on approximately 5.5 acres. This property is Zoned RMF15 and has endless development possibilities. The property is in the heart of downtown and is next door to all of what Nipomo has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 239,580 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 2,119 | 2,146 | 47% |
| Lot Size | 239,580 | 9,146.5 | 96% |
| Price | $4.40M | $1.18M | 99% |
| Price per sq ft | $2.1K | $524 | 99% |
| Built year | 1939 | 2003 | 1% |
| HOA | $0 | $138 | 43% |
| Days on market | 185 | 191 | 47% |
Pricing History
Listed for Sale
Sep 3, 2025
$4,400,000
Initial Listing