Morro Bay, CA 93442,311 Tahiti ST
Morro Bay, CA 93442,311 Tahiti ST
Morro Bay, CA 93442,311 Tahiti ST
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$1,345,500

$1,380,000

2.5%
Est.Price: ?

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Est. payment /mo

0.33 Acres Lot


SOLD DATE : 09/27/2019

Key Details

Sold Price $1,345,500

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision North Morro Bay (820)

MLS Listing ID SC19185297

Sold Date 09/27/19

HOA Y/N No

Lot Size 0.330 Acres

Property Description

Extremely Rare Beachside 6 Lot Development Opportunity! Three Blocks to the Beach! Two Story Units will have Ocean Views! Currently a 9 Unit single level apartment complex generating approx. $9000/month gross exists on site and occupied (do not disturb)!!! There are 6 Lots separately conveyed on this parcel. This will NOT require a subdivsion map, per City of Morro Bay. Submit separate building applications! Each lot is approx. 2400sqft. Two lots closest to Main street are Zoned MCR which allows an 2nd Unit/ADU. The Other 4 are SFR. New Construction surrounds this property. Two Modern Homes across the street that are just getting going and an adjacent two story home. Also existing on the property not being rented is a two car garage and Covered parking for boat/RV, consider as additional income of $350-450/mth. Lot Size & Bldg Size are estimated. Excellent opportunity to change the landscape of North Morro Bay.

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Zoning MCR/SFR

Interior

Fireplace No

Exterior

Community Features Preserve/Public Land

View Y/N Yes

View Ocean

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 065041020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Jay Chiasson • Navigators Real Estate
Bought with Steve Allen • Allen, Steve-Broker

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