1160 West, Morro Bay, CA 93442

$1,895,000

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List Price
$1,895,000
Status
ACTIVE
MLS#
SC26164200
Year Built
1945
Lot Size
4,480
Acres
0.10
Lot Location
Level, Paved, Rectangular Lot, Street Level
Days on Market
1
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
Embarcadero(750)

Property Description

Check out this real estate investment opportunity located in the Embarcadero neighborhood of Morro Bay, CA ! Centrally located near 3 stacks and a rock, a 1945 built triplex. 1163 Scott A is upstairs with 3 BR, 1 full bath and indoor laundry, views of Morro Rock and the Harbor rented @ $2535/mo., 1163 Scott B is downstairs, large 1BR, 1Bath plus office and indoor laundry rented @ $1744/mo., and 1160 West downstairs Commercial unit rented @ $2300/mo. There is a detached 1 car garage and 4 off street parking spaces. Per the San Luis Obispo County Tax Assessor record the total square footage of the building is 3,094. The lot size is 40.9 ft x 112 ft street to street. Fully occupied with long-term tenants and professionally managed. Second home opportunity to use the upstairs unit in between vacation renters and collect rents from the other 2 units.

Additional Information

Pool Description
None
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$78,948
Operating Expense
23755

Listing courtesy of Listing Agent: Matthew Franklin (Matthew@TheFranklinTeam.com) from Listing Office: Franklin Real Estate & Rentals.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.