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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.
Last Updated | 4/10/2024 | Tract | Highway 41(770) |
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Year Built | 2024 | Community | Morro Bay |
County | San Luis Obispo |
Price History
Prior to Apr 10, '24 | $729,000 |
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Apr 10, '24 - Today | $699,000 |
Additional Details
AREA | Morro Bay |
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BUYER'S BROKERAGE COMPENSATION | 2.000 % |
HOA DUES | 0 |
LOT | 0.57 acre(s) |
LOT DESCRIPTION | 21-25 Units/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
SUBDIVISION | Highway 41(770) |
VIEW | Yes |
VIEW DESCRIPTION | Bluff,City Lights,Landmark,Neighborhood |
WATER | Public |
ZONING | 60 |
Location
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