2996 Alder Avenue, Morro Bay, CA 93442

$1,728,000
3,784
SqFt
List Price
$1,728,000
Status
ACTIVE
MLS#
SP20125722
Year Built
2020
Living Sq. Ft
3,784
Lot Size
6,237
Acres
0.1432
Lot Location
2-5 Units/Acre, Sprinkler System
Days on Market
15
Property Type
Multifamily
Style
Contemporary
Stories
Three Or More Levels
Builders Tract Code
North Morro Bay (820)
Neighborhood
North Morro Bay (820)

Property Description

Brand New Ocean View Income Property in Morro Bay ! Investors, this is what you have long been waiting for. 3 Units Total. Unit 1 an 810 SF 1 bedroom 1 bath with Living Room, Family Room, Kitchen, Dining and an Ocean View Deck. Unit 2 is 1421 SF 3 Bedroom 2 Full Bath with Bonus Room (Think Office or Nursery) with 2 Ocean View Decks. Unit 3 is the Largest Unit with 1553 SF 3 Bedrooms, 2 Full Baths, Bonus Room and 2 Ocean View Decks. All 3 Units have Ocean and White Water Views from the Living Areas. Each Unit has it's own Laundry Facilities. Over-Built even by todays standards, this Impressive Structure has a 3135 SF parking Garage with an Elevator to access the Main Living Level. The Buildings Exterior blends Stucco and Fiber Cement Siding with PolyTuff Water Proof Decking and Extensive Concrete Sitework to create Beautiful Durability and Ease of Maintenance. Interiors will be finished with Vinyl Plank Flooring in the Living Areas and Carpet in the Bedrooms. White "Thermofoil" Shaker Style Cabinetry (Very Resilient) with Solid Surface Counter Tops. Deliberate Foresight allows Comfortable Access for Disabled Folks. Too Many Amenities to List Here. A Must See ! Projected approx. $100,000 Annual Rents ! Construction Complete October 2020. Still Time to Pick Colors !

Additional Information

Lot Description
Biking, Dog Park, Fishing, Golf, Hiking, Watersports, Sidewalks
Appliances
Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range, Tankless Water Heater
Pool Description
None
Heat
Radiant, High Efficiency
View
City Lights, Coastline, Ocean
Exterior Construction
Concrete, Fiber Cement, Stucco
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
3

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Paul Nagy from The Real Estate Office

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.