39
See all 39 photos
$2,200,000
Est. payment /mo
4,178 SqFt
Active
440 Atascadero Road Morro Bay, CA 93442
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
10/22/2024 07:05 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,178 sqft
Price per Sqft $526
MLS Listing ID CRSC24071159
HOA Y/N No
Year Built 1953
Lot Size 0.366 Acres
Acres 0.37
Property Description
Price Reduced! Historical photos added! This can be your opportunity to purchase 12 residential apartment units and a rentable storage garage in Morro Bay just blocks from the beach. This is a single level building that requires low maintenance, has a shared laundry facility, a dedicated carport parking space for 11 of the 12 units, and it's incredibly convenient location, make this complex desirable for owners and tenants alike. The complex is in close proximity to parks, trails, restaurants, a gas station, grocery stores, schools, and public transportation, which makes it easy for residents to enjoy the Central Coast lifestyle. Monthly income has remained steady and predictable for years, as these units rent very quickly. There are eleven studio apartments and one 1-bedroom apartment in the complex, and there is also an additional, rentable garage unit (currently rented), which combine to generate solid monthly revenue across these 12 units. Each residential unit is equipped with a separate kitchen, medium-sized refrigerator, range oven, full bathroom, beam ceiling, and a wall heater. Zoned Commercial-Visitor Serving (C-VS) but fully occupied with long-term tenants, this conveniently located parcel sits on Atascadero Road within the city limits of Morro Bay, providing easy acce
Location
State CA
County San Luis Obispo
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 068283032
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Aaron Anderson • Rock View Realty
A FEW WORDS FROM PAST CLIENTS
GET MORE INFORMATION
Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289