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840 S Oak Glen Avenue — Nipomo — 3 Beds • 2 Baths • 1,344 Sq Ft | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

+16 more

$1,150,000

126 DOM

$856/sqft3 bd2 ba1,344 sqft

Call

840 S Oak Glen Ave Nipomo, CA 93444

Price drop! Seller motivated! Fantastic opportunity to own close to 3 acres on Highway 101! Tremendous exposure on this lot Zoned Agriculture. Check with county for various uses. Currently houses a Mobile home that has been greatly upgraded and large concrete pad on the west side of lot. Landscape abounds! Lot size is per the tax rolls buyer to confirm on their own with the county. Mobile Home approx. 1344, but Buyer and Selling Agent to verify with county. There are countless options with this property!

MLS ML82029030

(831) 999-8877 (Office) 831-206-2224 (Cell) rfrnandzm3@aol.com

Est. payment

$7,348/mo

Principal & interestTaxesInsurance

$5,815$1,198$335

Down %

Rate %

Years

Down payment: $230,000 · Total cost: $2,323,409

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$7,348/mo

Principal & interest: $5,815
Est. property tax: $1,198
Est. insurance: $335
Down payment: $230,000

Est. gross rent$4,792/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,556/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Dec 8, 2025	$1,150,000	—

Facts & Features

Transaction Data

Close DateMay 14, 2026

Structure & Property

Year Built1988

(831) 999-8877 (Office) 831-206-2224 (Cell) rfrnandzm3@aol.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

840 S Oak Glen Avenue, Nipomo, CA 93444

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Call

840 S Oak Glen Ave Nipomo, CA 93444

About this home

Robert R. Fernandez

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Robert R. Fernandez

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

840 S Oak Glen Avenue, Nipomo, CA 93444

About This Property

Property Photos

840 S Oak Glen Ave Nipomo, CA 93444

About this home

Robert R. Fernandez

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Robert R. Fernandez

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.