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Listed by Joel Pace, DRE #01946105 • Joel Pace Real Estate, Inc.
$769,000
Est. payment /mo
9,013 Sqft Lot
Price Dropped by $30K
541 Atascadero Morro Bay, CA 93442
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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
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