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Morro Bay, CA 93442 190 El Morro Trailer Court

$2,500,000

Sold: Apr 19, 2024
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Presented By: Mike McNamara with McNamara Real Estate; 805-431-2039
  • MLS# SC23186001
  • 10/09/2023
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  • FootageSQFT • 1

Home Details

Come to El Morro Trailer Park, a 27-unit trailer park in a prime coastal location in Morro Bay, CA. Includes an additional two units in the sale, providing immediate rental income. Don't miss the chance to invest in this coastal gem. Whether you're looking for a steady income stream or considering future development possibilities, El Morro Trailer Park offers a range of opportunities in the heart of Morro Bay.
Presented By: Mike McNamara with McNamara Real Estate; 805-431-2039

General for 190 El Morro Trailer Court

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Buyer FinancingCash
Carport Y/NNo
CityMorro Bay
Close Price2100000.0
Community FeaturesBiking, Fishing, Golf, Hiking, Park, PreservePublicLand, WaterSports
CountySan Luis Obispo
Days on Market87
DirectionsOn Main St towards the golf course, cross st is Bayshore Dr.
Electric Expense6466.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income179130.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense6357.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet46950.0
MLS AreaMRBY - Morro Bay
MaintenanceExpense6979.0
MobileHomeRemainsYNNo
Net Operating Income97981.0
New ConstructionNo
Operating Expense81149.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalManufacturedOnLand
Property SubTypeManufacturedOnLand
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusClosed
StatusClosed
Street NameEl Morro Trailer
Subdivision NameTown of El Morro(830)
Tax Lot5
Total Units27
Trash Expense2106.0
View Y/NNo
Water Sewer Expense33194.0
Waterfront Y/NNo
Year Built1960
Year Built SourceAppraiser
ZoningR1

Interior for 190 El Morro Trailer Court

Air Conditioning Y/NNo
Basement (Y/N)No
BuyerOfficeEmaillorraine@horizoncentralcoast.com
Common WallsNoCommonWalls
Electric On Property Y/NNo
Entry Level1
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixCourt
Total Stories1

Exterior for 190 El Morro Trailer Court

Building Area Total1.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem2630UnitsAcre, GentleSloping
Lot Size Acres1.0778
Lot Size Area46950.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,500,000
MLS#SC23186001
List Date 10/09/2023
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors