541 Atascadero, Morro Bay, CA 93442
541 Atascadero, Morro Bay, CA 93442
541 Atascadero, Morro Bay, CA 93442
541 Atascadero, Morro Bay, CA 93442
541 Atascadero, Morro Bay, CA 93442
541 Atascadero, Morro Bay, CA 93442
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Listed by Joel Pace, DRE #01946105 • Joel Pace Real Estate, Inc.
$ 769,000
Est. payment | /mo

9,013 Sqft Lot


Save
$ 769,000
Est. payment | /mo
Save

9,013 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSC26059577

Lot Size 9,013 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

When R1 lots with no entitlements are sitting at $400k, this is then a HUGE Opportunity at $769,000, fully permitted and ready to go! Build a 5-unit multifamily residence and capitalize today! Excellent views for tenants, this will be a competitive rental in your portfolio. Generous cap rate based on the current market numbers. Seller financing is available. Final permits are at the city. Call today.

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Zoning PRKG,GSL,LV

Exterior

View 34, Valley

Building

Lot Description Grade - Gently Sloped

Water District - Public

Others

Tax ID 068231056

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Domenika Reusche

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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541 Atascadero