3100 Main Street

Morro Bay, CA 93442

  • 0 Bed(s)
  • 0 Bath(s)
  • 7,200 Sqft
  • 14400
    Sqft(Lot)
$3,390,000

Description

Welcome to your dream investment opportunity in morro bay, ca! nestled close to the pacific ocean, the vibrant downtown district, and the embarcadero, this 9-unit apartment building offers an unparalleled combination of coastal charm and income potential. embrace the california lifestyle with easy access to white sand beaches and a world class mediterranean climate. located in a popular tourist destination, and in close proximity to san luis obispo and paso robles wine country, the region benefits from strong economics and employment opportunities. the property is situated next to a small shopping center, and is less than one mile from spencer’s fresh markets grocery store and various local favorite restaurants and shops. just across highway 1 to the south is the cloisters community park, morro bay high school, and access to wide open dunes and beaches. each of the 9 apartments includes 2 bedrooms and 1 bathroom, offering spacious and comfortable living spaces. remodeled kitchens and bathrooms feature shaker cabinets, granite counters, dishwashers, and fully equipped appliances. newer double pane windows, onsite private garages, and separate in-unit laundry ensure convenient living for all. the garages feature automatic openers, power outlets, and large built-in storage cabinets. onsite parking is available in front of each garage, as well as under a car port offering additional spaces. featuring queen palms, birds of paradise, and succulents, the attractive low maintenance landscaping is on drip irrigation and compliments the building's vibrant colors and spanish style architecture. three ground floor units feature private backyard patios, perfect for outdoor living, bike storage, and gardening. upstairs units benefit from ocean views, with the largest apartment featuring a spacious balcony that enjoys views of the ocean and morro rock. in addition to the 9 apartments, the property includes a well-equipped owner’s workshop and garage complete with access to utilities. utilize the workshop as your own retreat, or convert the space into an attached accessory dwelling unit (adu) to further increase income potential and value. there may also be an opportunity to construct two (2) adus, bringing the total unit count to 11 (verify with the city of morro bay). don't miss out on this rare opportunity to own a piece of paradise in one of california's most desirable and valuable destinations. *contact listing office before going onsite*

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    San Luis Obispo

  • Style

    Mediterranean

  • AD ID

    46159867

Sell a home like this and save $202,901 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Granite Counters
    • Windows: Double Pane Windows
    • Property Appliances: Electric Range
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Electric
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1972
    • Building Area Total: 7,200

    Pool Features

    • None

    Laundry Features

    • Inside,Laundry Closet

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3306
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 14400

  • Listing Price Information

    • Original List Price: 3,390,000
    • Listing Contract Date: 2024-04-26

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 065072019

  • Garage and Parking

    • Garage Description: Assigned,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity

  • Other Property Info

    • Source Listing Status: Closed
    • Source Neighborhood: MRBY - Morro Bay
    • Directions: Highway 1 to Main Street
    • Zoning: Neighborhood Commercial
    • Source Property Type: Residential Income
    • Area: MRBY - Morro Bay
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 52
    • Common Walls: 2+ Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Estimated
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 11/21/2024 @ 18:21

  • MLS: SC24127971
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 7,200 sqft, 14,400 sized lot, and 10 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Morro Bay , in zip code 93442, this San Luis Obispo County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.