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Listing 18 out of 45
Sold for $1,200,000 Sold

213 Dunes Street
Morro Bay, CA 93442

3 units | Multi Family Home
5301 sq ft lot - MLS# SC19091551
Property Photo

Sold

Sold for $1,200,000 on Jun 14, 2019

Description

Spectacular location and Views from all units. This property is in a multiple zoning area currently VSC-Visitor Service Commercial and was originally a bed and breakfast. Check with city planning to see other zoning possibilities. In 1989 owner starting renting as monthly long term. 5 garages. All units are big, roomy. All units share same meter for Gas/Electric/Water/Cable. Brezden Pest Control report done in December, 2016 and Termite repairs done in January 2017 by Brezden Pest Control and exterior completely painted in 2017 also. This would be a great complex for owner to live in front or one of units and have some rental income to offset expenses. Not EZ to show and will be subject to an offer.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,349,000
  • Zip Code: 93442
  • Year Built: 1986
  • Subdivision/Neighborhood: Embarcadero(750)
  • Style: Traditional
  • Stories: Two
  • Units: 3 units
  • # of Parking Spaces: 5.00
  • Lot Size: 5301 sq ft lot
  • View: Back Bay,Ocean,See Remarks, Yes
  • Waterfront: Ocean Side of Freeway
  • Zoning: VSC
  • Area: MRBY - Morro Bay
  • Appliances: Dishwasher, Disposal, Water Heater
  • Appliances YN: Yes
  • Average 1 Bed Area: 1800
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area: 496
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4000.00
  • Building Area Units: Square Feet
  • Cable Tv Expense: 1400.00
  • Co-Listing Agent License: 01114606
  • Co-Listing Office License: 00648760
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Construction Materials: Wood Siding
  • Cooling: Gas
  • Cooling YN: Yes
  • Country: US
  • Directions: Main St. to Dunes go west to 213 Dunes
  • Electric Expense: 3300.00
  • Exterior Features: Rain Gutters
  • Fence YN: Yes
  • Fencing: Wood
  • Foundation Details: Slab
  • Fuel Expense: 1200.00
  • Garage Spaces: 5.00
  • Gross Income: 75900.00
  • Gross Scheduled Income: 75900.00
  • Heating: Wall Furnace, Natural Gas
  • Heating YN: Yes
  • Insurance Expense: 1000.00
  • Laundry Features: Individual Room, Inside
  • Laundry YN: Yes
  • Listing Agent License: 00648760
  • Listing Office License: 00648760
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 5300.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 68469.00
  • New Taxes Expense: 14839.00
  • Number Of Buildings: 1
  • Operating Expense: 7431.00
  • Property Attached YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Roof: Composition
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Selling Agent: Linda Wilson
  • Selling Agent License: 01045160
  • Selling Office: Wilson & Co. Sotheby's International Realty
  • Selling Office License: 01439467
  • Sewer: Public Sewer, Sewer Assessments
  • Stories Total: 2
  • Total Actual Rent: 75900.00
  • Total Expenses: 9500.00
  • Trash Expense: 250.00
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Sewer Expense: 2000.00
  • Water Source: Public
  • Window Features: Blinds, Tinted Windows
  • Year Built Source: Estimated
  • Sold Date: 2019-06-14
  • Sold Price: 1200000.00
Courtesy of Horizon Realty & Property Mgt, Lorraine Sterkel

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