2130 Main Street

Morro Bay, CA 93442

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,700 Sqft
  • 12400
    Sqft(Lot)
$2,400,000

Description

Welcome to morro bay where you can still invest and have the numbers make sense. this complex has developed into a very solid, income producing property with excellent tenants. it is very quiet, no drama, and most of the tenants have been there for years. there was great care in the placement of each tenant over time, and the complex is now a wonderful place to live, and an even more wonderful place to manage. there is plenty of parking and even laundry facilities on site which add to the income. the overhead is very low. almost none to report. the landscape is very low maintenance and tenants maintain their areas. the building is older, so there have been repairs due to weather over the years, but the owner has kept up with anything that has come up. prior to the current owner, there had been many modifications over the years to the units. it is hard to know what the original floor plans were, but things have been updated cosmetically, so the older modifications look great. the whole complex is only electric, so the utilities are basic and very low for the tenants. we charge $50 per person for water/trash/sewer as well. this is a great, huge lot in what is quickly becoming a very desirable neighborhood.

  • Property Type

    Residential Income

  • County

    San Luis Obispo

  • Style

    Residential Income

  • AD ID

    49242337

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Heating Source

    • Electric
    • Has Heating

  • Building Information

    • Year Built: 1951
    • Building Area Total: 5,700

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2847
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 12400

  • Listing Price Information

    • Original List Price: 2,400,000
    • Listing Contract Date: 2025-04-04

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 068281024

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: MRBY - Morro Bay
    • Postal Code Plus 4: 1666
    • Directions: North Main Street
    • Zoning: CIN
    • Source Property Type: Residential Income
    • Area: MRBY - Morro Bay
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 74
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 04/25/2025 @ 08:09

  • MLS: SC25074638
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 5,700 sqft, 12,400 sized lot, and 0 parking. are nearby neighborhoods.