Great development opportunity, for a near shovel ready 16-unit Multi-Family Townhome Apartment Complex. All entitlements are nearly completed with the City of Morro Bay Planning Department. Upon completion of the remaining environmental studies the project can be resubmitted for final planning commission review and approval.

The building site is located near Morro Rock and close to other new Multi-Family developments. This Multi-Family project would be a much-needed addition to this growing community.

Listing Agent:James Kelsey
#01354722

Offered By:Century 21 Hometown Realty, Pismo Beach Office

Date Added: 6/27/23 at 5:00 am
Last Update: 11/22/23 at 5:14 am

Interior

  • GeneralBeamed Ceilings, Cathedral Ceiling(s), All Bedrooms Down, Primary Suite
  • AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Range Hood, Water Heater
  • LaundryNone
  • FlooringCarpet, Vinyl
  • A/Cfalse, None
  • Heatingtrue, Forced Air
  • FireplaceFamily Room, Great Room, Fireplace

Exterior

  • StyleRanch
  • PoolNone
  • ParkingParking spaces: 0
  • GeneralBarn(s)
  • Other StructuresBarn(s)

Construction

  • RoofingComposition
  • General2

Location

  • Road/AccessCounty Road
  • HOA Amenities0.0
  • Originating MLSCRMLS
  • CountySan Luis Obispo
  • School DistrictSan Luis Coastal Unified

Lot

  • Zoning60, 068231016
  • ViewBluff, City Lights, Landmark, Neighborhood, View
  • FencingGood Condition, Partial

Utilities

  • UtilitiesWater Available
  • WaterPublic
  • SewerPublic Sewer

Financial

  • SourceCRMLS, CRMLS
  • Buyers Agent Compensation2.000
  • ExclusionsNone

Schools

  • DistrictSan Luis Coastal Unified School District

Listing History

  • 11/02/2023Active
  • 11/02/2023$729,000 @ $0 per ft² 36.61%
  • 11/02/2023Active
  • 11/02/2023$729,000 @ $0 per ft² 36.61%
  • 08/01/2023Pending
  • 08/01/2023Pending
  • 06/28/2023$1,150,000 @ $0 per ft²
  • 06/28/2023Active
  • 06/28/2023$1,150,000 @ $0 per ft²
  • 06/28/2023Active
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