Vacant land, no structures. 9,013 sq. ft. corner lot located in the desirable beach town of Morro Bay! Zoned R4, Buildable for 4-5 units for townhouses or apartments, located conveniently off the 41, close to beach access, Morro Bay High School and downtown shopping and eateries. Mostly flat land, Morro Rock views and many opportunities. Sewer lateral at property line, utilities immediately accessible. Lot split complete, New APN number assigned. Completed reports/materials: Soils Engineering Report, Survey and Topo Map, Phase 1 and Phase 2 Archeology reports. Seller has paid $36,626.00 in in-lieu park fees for 5 units.
2/3rds of the curb, gutter and sidewalk improvements are completed. The rest of the improvements need to be completed at the time of the building permits. The seller has also resubmitted existing plans for four apartments known as Jade Cove Apartments. A 90 to 120 day escrow would be acceptable. Easy build, don’t miss this great opportunity. Seller willing to finance with 40% down with 6% interest rate. Willing to work with Realtors if they bring a qualified buyer. Please inquire for supplemental materials and reports, happy to send.
2/3rds of the curb, gutter and sidewalk improvements are completed. The rest of the improvements need to be completed at the time of the building permits. The seller has also resubmitted existing plans for four apartments known as Jade Cove Apartments. A 90 to 120 day escrow would be acceptable. Easy build, don’t miss this great opportunity. Seller willing to finance with 40% down with 6% interest rate. Willing to work with Realtors if they bring a qualified buyer. Please inquire for supplemental materials and reports, happy to send.
Property Details
Price:
$529,000
MLS #:
SC23038891
Status:
Active
Address:
541 Atascadero Road 068231056
Type:
Land
City:
Morro Bay
Listed Date:
Mar 8, 2023
State:
CA
ZIP:
93442
Subdivision:
Highway 41(770)
Lot Size:
9,013 sqft / 0.21 acres (approx)
Schools
Interior
Exterior
Community Features
Rural
View
Mountain(s), Trees/ Woods
Lot Features
Lot 6500-9999
Water Source
Public
Financial
Association Fee
0.00
Map
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Courtesy of SIM Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2023. California Regional Multiple Listing Service. All rights reserved. 541 Atascadero Road 068231056
Morro Bay, CA