311 Tahiti Street, Morro Bay, CA 93442

About this property

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.

Listing description from the September 2019 sale, as reported to CRMLS.

Sale history

$1,345,500

Sold September 2019 · listed $1,380,000, on market July 2019 · MLS #SC19185297 · Source: CRMLS

Listing Agent: Jay Chiasson · Listing Office: Navigators Real Estate · Contact: 805-591-9931 · Bought with: Steve Allen · Allen, Steve-Broker

$1,345,500

Sold September 2019 · listed $1,380,000, on market July 2019 · MLS #SC19185147 · Source: CRMLS

Listing Agent: Jay Chiasson · Listing Office: Navigators Real Estate · Contact: 805-591-9931 · Bought with: Steve Allen · Allen, Steve-Broker

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