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.
For sale
Listing Provided by:
Natalie Boudreau White DRE #02166678 805-975-5063,
BHGRE HAVEN PROPERTIES,
Jennine Dunne DRE #01760653 805-773-6611,
BHGRE Haven Properties
Price cut: $156K (6/21)
$1,589,000
685 Kings Ave, Morro Bay, CA 93442
6beds
3,066sqft
Est.:
Mixed Use
Built in 1930
0.43 Acres Lot
$-- Zestimate®
$518/sqft
$-- HOA
What's special
Rear lotFront lotViews of morro rockOriginal hardwood flooring
- 115 days
- on Zillow |
- 2,086 |
- 84 |
- Loading
- Loading