545 Atascadero Road Morro Bay, CA ^$ 699,000

545 Atascadero Road

^$ 699,000

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New Construction

545 Atascadero Road

Morro Bay, CA, 93442

^$ 699,000

Bedrooms16 Baths16.0

Monthly Estimate*

^$ 4,646

Listed by Century 21 Hometown Realty, Pismo Beach Office

545 Atascadero Road, Morro Bay, CA 93442 - Image 1

545 Atascadero Road, Morro Bay, CA 93442 - Image 2

545 Atascadero Road, Morro Bay, CA 93442 - Image 3

Multi-Family Home for sale in Morro Bay, CA

for $699,000 with 16 bedrooms and 16 full baths. This home was built in 2024 on a lot size of 0.5739.

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.

Multi-Family Active

Price

^$ 699,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.5739

Year Built

2024

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

PI23115523

Days on Market

338

Features

General

Sewer PublicSewer

Zoning 60

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 2024

View Bluff CityLights Landmark Neighborhood

Stories 2

Levels Two

Property SubType Apartment

Gross Income 0.0

Community Features Biking Golf StreetLights

County San Luis Obispo

Net Operating Income 0.0

Operating Expense 0.0

Insurance Expense 0.0

New Construction Y

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Highway 41(770)

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On hwy 41 across from Miner's hardware. Look for the signs

City Morro Bay

Entry Location 1

View Y/N Y

Senior Community Y/N N

Total Units 16

MLS Area MRBY - Morro Bay

Lot Size Square Feet 25000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Atascadero

Listing Terms Conventional

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 104

Building Area Units SquareFeet

Standard Status Active

Year Built Source Estimated

Tax Lot 3

Property Sub Type Additional Apartment

Exterior

Lot Features Item2125UnitsAcre

Water Source Public

Total Parking 0.0

Lot Size Area 25000.0

Number of Buildings 1

Spa N

Building Area Total 0.0

Lot Size Acres 0.5739

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 0

Number of Separate Electric Meters 0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Road

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 545

* Excluded Features

List By

Century 21 Hometown Realty, Pismo Beach Office

Broker

(805) 773-2100

Phone

Affordability Calculator

$4,646

Per Month

Monthly Principal & Interest: $4,646
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Morro Bay, CA

Average List Price ^$1,823,700

Percent of Sale Price 161%

About Morro Bay, CA

10,283 Population

-1% Since 2002

^$56,935 Median Income

48.57 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$699,000	-4.12%	Price Down
11/4/2023	$729,000	-36.61%	Price Down
7/6/2023	$1,150,000		Listed Price

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545 Atascadero Road, Morro Bay, CA, 93442 is a Multi-Family Home for sale at $699,000 with a lot size of 0.5739. 545 Atascadero Road has 16 bedrooms, 16.0 baths, and was built in 2024. The property's zip code is 93442 which is in Morro Bay, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/31/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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545 Atascadero Road

Multi-Family Home for sale in Morro Bay, CA

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