$769,000

541 Atascadero, Morro Bay CA, 93442

Price per sqft$85.32

Lot size0.21 Acres

Property typeLand

Overview

Active

Listed Mar 19, 2026

Updated 2 days ago

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.

Additional information

MLS^® ID: SC26059577

Exterior Features

Lot Size: 0.21 Acres

Other Property Details

View: Yes
55+/Senior Community: No

Listed by Joel Pace, Joel Pace Real Estate, Inc., CA DRE 01946105

Listing Contact: [email protected]

Based on information from the CRISNet MLS as of 10/11/2026, 4:39 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.