541 Atascadero, Morro Bay, CA 93442
541 Atascadero, Morro Bay, CA 93442
541 Atascadero, Morro Bay, CA 93442
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$769,000
Est. payment /mo
9,013 Sqft Lot
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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC26059577

Lot Size 9,013 Sqft

Property Sub-Type Lots/Land

Type of Financing Cash,Land Contract

Property Type Lots/Land

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

Direction Hwy 41 --> Left on Hill St. At Corner of Hill and Hwy 41

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 068231056

Acceptable Financing Cash, Land Contract

Listing Terms Cash, Land Contract


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MLS Router / San Diego MLS
Listed by Joel Pace, DRE#01946105 Joel Pace Real Estate, Inc. 

Nearby School & Business

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Glen Henderson

Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

Broker Associate CA BRE #01384181

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