541 Atascadero, Morro Bay, CA 93442

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List Price
$769,000
Price Change
▼ $30,000 1789530792
Status
ACTIVE
MLS#
SC26059577
Lot Size
9,013
Acres
0.21
Lot Location
Corner Lot, Gentle Sloping, Value In Land
Days on Market
211
Property Type
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.

Additional Information

View
Rocks, Valley
Sewer
Public Sewer
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Joel Pace (joelpacere@gmail.com) from Listing Office: Joel Pace Real Estate, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.