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$ 1,400,000
Est. payment /mo
Active
685 Kings Ave Morro Bay, CA 93442
6 Beds
5 Baths
3,066 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,066 sqft
Price per Sqft $456
MLS Listing ID CRSC25084896
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1930
Lot Size 0.430 Acres
Acres 0.4301
Property Sub-Type Single Family Residence
Property Description
Price reduction with new vacancy info: Apartment 2 is currently vacant, Apartment 5 will be vacant at the end of November, and Apartment 4 will be vacant December 1st, allowing three units to become available and creating potential for increased rental income. This Spanish-style five-unit apartment complex in the heights of Morro Bay offers incredible potential, featuring one 2-bedroom unit, one studio, and three 1-bedroom apartments. Original hardwood flooring runs through all living rooms, and apartments 1 and 2 offer views of Morro Rock. The front lot, which includes the building, is 13,733 sq. ft., while the rear lot adds an additional 5,000 sq. ft. Combined, the two total approximately 18,733 sq. ft. (0.43 acres), offering a rare opportunity in this highly desirable location. Conveniently located near downtown Morro Bay, with easy access to the highway, and close to Black Hill and the golf course. Whether you’re seeking an income-producing property or a unique renovation project, this is a rare find! Buyer to verify all information and conduct their own due diligence regarding lot size, zoning, and development potential. Agents please see private remarks.
Location
State CA
County San Luis Obispo
Interior
Cooling None
Flooring Laminate, Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry Other
Exterior
Pool None
View Y/N true
View Water, Ocean
Private Pool false
Building
Lot Description Corner Lot
Story 1
Level or Stories One Story
New Construction No
Schools
School District San Luis Coastal Unified
Others
Tax ID 066082049
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Listed by Natalie Boudreau White • BHGRE HAVEN PROPERTIES
