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  • 423/425 PANAY ST. MORRO BAY, CA 93442
       
    Shirley Fisher's Picture
    Shirley Fisher
    Phone: 805.772.6590
    Office: 805.772.7305x11
    Toll Free: 800.842.7653
    Cell: 805.801.0747
    Fax: 805.772.8466
    Company: Morro Bay Realty

    423/425 PANAY ST. MORRO BAY, CA 93442

    Offered at: $330,000 Bedrooms: One 1 Bedroom/One 2 Bedroom
    MLS Number: 139581 Bathrooms: 3/4 Bath each
    Lot Size: 2400 sq. ft.
    Property Status: Active Interior Size: 1078 sq. ft.
    Property Description
    Two older units recently painted and have newer carpet/vinyl in kitchen and bathrooms.  The front unit has a living room, large kitchen with older cabinets/formica counters, and one small bedroom.  The back unit has a large kitchen that could be used as a "great-room", leaving one of the extra rooms as a larger 2nd bedroom.  Both units have a 3/4 bath.  Most of the value is in the lot and 2 connections for water/gas and for floor area - to be used against school fees for new building. Sold as-is, needing work, with all disclosures. (Grandfathered multi-units in an R-1 zone). Potential of good ocean/rock view from a 2nd story. There is Morro Rock view from the units now though!  (40 x 60 lot)  Check with City for allowable use...2 units could be rebuilt here.  Not far from beach/ocean access.  A great opportunity for someone who can see the potential here...