Home For Sale In Morro Bay, California

house for sale

Listed: 03/15/24

Morro Gardens, 440 Old U.S. Route 466, Morro Bay, CA 93442, USA

Studio Bed:

12 Bath:

4,178 Sq Ft Living Area:

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Price

$ 2,4M

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About This House

This can be your opportunity to purchase 12 residential apartment units and a rentable storage garage in Morro Bay just blocks from the beach. This is a single level building that requires low maintenance, has a shared laundry facility, a dedicated carport parking space for 11 of the 12 units, and it's incredibly convenient location, make this complex desirable for owners and tenants alike. The complex is in close proximity to parks, trails, restaurants, a gas station, grocery stores, schools, and public transportation, which makes it easy for residents to enjoy the Central Coast lifestyle. Monthly income has remained steady and predictable for years, as these units rent very quickly. There are eleven studio apartments and one 1-bedroom apartment in … Full description

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Houses for sale in Morro Bay

Original listing

Morro Bay Housing & Living

Household Income

Median household income: $61,690

Number of households: 4,846

The average household income in Morro Bay, CA grew from $53,348 to $61,690 in the past year. This data is an estimate based upon 4,846 households in Morro Bay, CA.
The chart below presents how household income is distributed in Morro Bay, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Morro Bay, CA compared to median property taxes around the country. The prevalent amount of property taxes in Morro Bay, CA equals $3k+ , which is more than the national average.