Property Detail

541 Atascadero

Morro Bay CA 93442

$879,000

Status: Active

Property Details

Description

BUILDERS Prime opportunity to develop this permitted 5-unit project that will capture close to a 6% cap rate. Seller willing to carry up to 50% at interest only terms, adding flexibility to complete the build. The red tape is removed and plans are at the office. Call to review and seize the opportunity.

Map Location

Listing provided courtesy of Joel Pace of Joel Pace Real Estate, Inc.. Last updated 2026-05-28 08:21:22.000000. Listing information © 2025 CRMLS.

Clayton Carnley - License No. 622170
Rhonda Carnley - License No. 499511

Inquire Now
admin Real estate https://s3.amazonaws.com/static.organiclead.com/Site-48750597-fad4-4739-909d-ca390a15c8e5/theme1/realtor.jpg Broker/Owner # # # https://s3.amazonaws.com/static.organiclead.com/Site-48750597-fad4-4739-909d-ca390a15c8e5/theme1/realtor.jpg