About 541 Atascadero
When R1 lots with no entitlements are sitting at $400k, this is then a HUGE Opportunity at $769,000, fully permitted and ready to go! Build a 5-unit multifamily residence and capitalize today! Excellent views for tenants, this will be a competitive rental in your portfolio. Generous cap rate based on the current market numbers. Seller financing is available. Final permits are at the city. Call today.
Features of 541 Atascadero
| MLS® # | SC26059577 |
|---|---|
| Price | $769,000 |
| Acres | 0.21 |
| Type | Land |
| Sub-Type | Lots/Land |
| Status | Active |
Community Information
| Address | 541 Atascadero |
|---|---|
| Area | MORRO BAY (93442) |
| City | Morro Bay |
| County | San Luis Obispo |
| State | CA |
| Zip Code | 93442 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | Yes |
Interior
| Fireplace | Yes |
|---|
Exterior
| Lot Description | Corner Lot,Curbs |
|---|
Additional Information
| Date Listed | March 19th, 2026 |
|---|---|
| Days on Market | 208 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Joel Pace Real Estate, Inc. |
|---|