2900 Alder Avenue

Morro Bay, CA 93442

$850,000
Price
6,000 / 0.14
Lot Size / Acres

Description

EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in the land located at 2900 Alder Avenue. A 5 unit, single occupancy development has been approved by the city of Morro Bay. The approved plans include a 2,400 square foot building built upon a 6,000 square foot lot.
2900 Alder Avenue has a base zoning of Neighborhood Commercial allowing the property to be developed in various
ways. Neighborhood Commercial is defined by the city of Morro Bay as the following:
...EVERLYGROVE HOTEL BROKERS is pleased to announce the opportunity to acquire the fee-simple interest in the land located at 2900 Alder Avenue. A 5 unit, single occupancy development has been approved by the city of Morro Bay. The approved plans include a 2,400 square foot building built upon a 6,000 square foot lot.

2900 Alder Avenue has a base zoning of Neighborhood Commercial allowing the property to be developed in various
ways. Neighborhood Commercial is defined by the city of Morro Bay as the following: This district is intended to
provide areas for smaller-scale neighborhood commercial areas that provide goods, services, and businesses to
meet the day-to-day needs of nearby residents. Residential uses are allowed above and behind commercial uses
and as stand-alone development in certain areas. This property could be developed into the following:
- Hotel/Motel/ADUs (currently approved for this use by city of Morro Bay)
- Restaurant
- Tasting Room
- Offices Please note that this is not an exhaustive list of development opportunities for 2900 Alder Ave. Please check with
the city of Morro Bay for full details.
  1. Listed by Aaron Graves • DRE #01787901 • Brokerage DRE #02016262 • EverlyGrove • 805-704-0334

Property Details for 2900 Alder Avenue

View
Water
Lot Size Source
Assessor
Assessor Parcel Number
068192011
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of EverlyGrove, Aaron Graves, DRE #01787901
Add your commute
LISTING UPDATED: 05/03/2024 04:41 AM

Property Details for 2900 Alder Avenue

StatusActive
MLS #SC23211391
Days on Market169
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.14 AC
CountySan Luis Obispo County

Location

Listing Courtesy of EverlyGrove, Aaron Graves, DRE #01787901
Add your commute

Building Information for 2900 Alder Avenue

Lot Size0.14 AC

Payment Calculator

$4,938 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2900 Alder Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 7
  • Tax Census Tract: 105.05
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Exterior Features
  • View Description: Water
Distance To
  • Distance To Water: Unknown
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Corner Lot, Rectangular Lot
  • Possible Use Comments: City approved plans for 5 single occupancy units.
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: North Morro Bay
  • Builders Tract Code: North Morro Bay (820)

Property History for 2900 Alder Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2900 Alder Avenue

Taxable ValueLand$323,850Additions-Total$323,850
Tax Record2023$3,585 ($299 / month)
Home Facts
Beds0Lot Size6,000 SqFtStyleResidentialZoningR1CountySAN LUIS OBISPOAPN068-192-011

Schools near 2900 Alder Avenue

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Del Mar Elementary School
PublicK to 5

Los Osos Middle School
Public6 to 8

Morro Bay High School
Public9 to 12

Pacheco Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2900 Alder Avenue is a 0.14 ac of land for sale in Morro Bay, CA 93442. This property was listed for sale on October 19, 2023 by EverlyGrove, it's currently listed at $850,000. It has been on the market for a total of 169 days and was last sold on July 27, 2021. This listing's school district is San Luis Coastal Unified School District. Nearby schools include Del Mar Elementary School, Los Osos Middle School and Morro Bay High School. 2900 Alder Avenue is a 0-bed, 0-bath, 0.14 ac of land on a 6,000 sq. ft. / 0.14 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EverlyGrove, Aaron Graves, DRE #01787901

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.