Reduced by $53,000 (3.07%) on 07/27/20
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Reduced by $53,000 (3.07%) on 07/27/20
2996 Alder Avenue
Morro Bay, CA 93442

6,237 SqFt Lot
0.1432 Acres

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 !
Property Type:   Multi-Family
Lot Size:   6,237 SqFt Lot
Lot Acres:   0.1432 Acres
Year Built:   2020
Style:   Contemporary
Subdivision:   North Morro Bay (820)
Mls Area Code:   MRBY - Morro Bay
MLS#:   SP20125722
Home Features
Coastline View
Granite Counters
Ocean View
City Light View
Community Features

Listing Agent: Paul Nagy    Listing Broker: The Real Estate Office   

Based on information from California Regional Multiple Listing Service, Inc. as of 8/5/20 EST/EDT EST/EDT. 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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