53
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$549,000
Est. payment /mo
2 Beds
1 Bath
808 SqFt
Active
1188 Allesandro St Morro Bay, CA 93442
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Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 808 sqft
Price per Sqft $679
MLS Listing ID SN25106626
Bedrooms 2
Full Baths 1
Year Built 1947
Property Sub-Type Detached
Property Description
Prime Investment Opportunity in Coastal Morro Bay! Located just steps from the scenic Morro Bay State Park and minutes from the iconic Morro Rock Beach, this rare offering presents a versatile development opportunity in one of Californias most desirable coastal towns. Situated on a semi-private lot nestled between just two adjoining parcels, this property offers a sense of privacy while maintaining easy access to key local amenities. Currently featuring a tear-down structure, the site is primed and ready for redevelopmentwith all utilities already connected, saving time and cost on initial groundwork. Zoned for medium density use, this lot allows for a range of residential development possibilities, whether youre looking to build your dream coastal getaway, a multi-unit investment property, or a modern single-family residence with additional units for income potential. Adjacent to a second available lot (sold separately), buyers have the option to expand their footprint and take full advantage of the areas flexible zoning to create a larger-scale project or a more spacious estate. Together, the combined parcels open the door to creative configurations and increased building potentialperfect for developers, investors, or visionaries seeking a unique slice of the Central Coast. The location is a standoutbordering the peaceful greenery of the State Park while remaining just a short drive from downtown Morro Bays shops, restaurants, and waterfront activities. With easy access to Highway 1, commuting to San Luis Obispo, Cambria, or other neighboring beach towns is a breeze. Whet
Location
State CA
County San Luis Obispo
Zoning 60
Direction Property located between Allesandro St, La Loma Ave & Marengo Dr
Interior
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Neighborhood
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 066095007
Listed by April Noessel Gold Group Realty