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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,745,000

Est. payment - /mo

0.43 Acres Lot

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Thu Apr 24, 10:00am - 11:30am

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Morro Heights (810)

MLS Listing ID SC25082846

HOA Y/N No

Year Built 1930

Lot Size 0.430 Acres

Property Sub-Type Apartment

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

Interior

Interior Features Beamed Ceilings

Cooling None

Flooring Laminate, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Electric Oven

Laundry Common Area

Exterior

Parking Features Gravel

Pool None

Community Features Golf, Hiking

Utilities Available Sewer Connected, Water Connected

View Y/N Yes

View Ocean, Water

Roof Type Tile

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 066082049

Energy Description 3900.0

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Trust

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Listed by Natalie Boudreau White • BHGRE HAVEN PROPERTIES • 805-975-5063

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685 Kings Ave Morro Bay, CA 93442