541 Atascadero, Morro Bay, CA 93442

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Beds

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Baths

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Sq ft

About this home

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.

Type

Residential

Year built

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Lot

9,013 sq ft

Garage

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HOA

None

Pool

View

Rocks

Solar

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Estimated payment

$4,850/mo

Principal & interest$3,888
Property tax (est.)$737
Home insurance (est.)$224

Down payment: 20% ($153,800)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Joel Pace, Joel Pace Real Estate, Inc., joelpacere@gmail.com. MLS# SC26059577. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:24 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.