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Residential Income - 1160 West, Morro Bay, CA

$1,725,000

1160 West, Morro Bay, CA

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Description

Check out this real estate investment opportunity located in the Embarcadero neighborhood of Morro Bay, CA ! Centrally located near 3 stacks and a rock, a 1945 built triplex. 1163 Scott A is upstairs with 3 BR, 1 full bath and indoor laundry, views of Morro Rock and the Harbor rented @ $2535/mo., 1163 Scott B is downstairs, large 1BR, 1Bath plus office and indoor laundry rented @ $1744/mo., and 1160 West downstairs Commercial unit rented @ $2300/mo. There is a detached 1 car garage and 4 off street parking spaces. Per the San Luis Obispo County Tax Assessor record the total square footage of the building is 3,094. The lot size is 40.9 ft x 112 ft street to street. Fully occupied with long-term tenants and professionally managed. Second home opportunity to use the upstairs unit in between vacation renters and collect rents from the other 2 units.

Property details

Year built
1945
Property type
Residential Income
Lot size
4,480 sqft

Location

1160 West • Morro Bay, CA 93442

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Listed by

Matthew Franklin · Franklin Real Estate & Rentals

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