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Listed by Natalie Boudreau White • BHGRE HAVEN PROPERTIES
$ 1,589,000
Est. payment | /mo
0.43 Acres Lot
$ 1,589,000
Est. payment | /mo
0.43 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSC25082846
Year Built 1930
Lot Size 0.430 Acres
Source California Regional MLS
Property Description
Great investment opportunity in the heights of Morro Bay! This Spanish-style five-unit apartment complex offers incredible potential, featuring one 2-bedroom unit, one studio, and three 1-bedroom apartments. Original hardwood flooring runs through all living rooms, and apartments 1 and 2 offer views of Morro Rock. The front lot, which includes the building, is 13,733 sq. ft., while the rear lot adds an additional 5,000 sq. ft. Combined, the two total approximately 18,733 sq. ft. (0.43 acres), offering a rare opportunity in this highly desirable location. Conveniently located near downtown Morro Bay, with easy access to the highway, and close to Black Hill and the golf course. Whether you're seeking an income-producing property or a unique renovation project, this is a rare find! Buyer to verify all information and conduct their own due diligence regarding lot size, zoning, and development potential. Agents please see private remarks.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Rooms
Kitchen Oven - Electric
Interior
Cooling None
Flooring Laminate
Laundry Laundry Area
Exterior
Parking Features Other
Garage Spaces 5.0
Pool 31, None
View Ocean, Water
Roof Type Tile
Building
Story One Story
Water District - Public
Others
Tax ID 066082049
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Drew Reid
REALTOR® | Lic# 01332884