Back on the market! This is a great investment property, and for the price it is a STEAL!! Large 5114 Sq Ft lot with ocean views, and a great location!! Preliminary plans approved by the city of Morro Bay for a LARGE duplex. Proposed 3 Bedroom 3 Bath Duplex with decks, that will have views of the 3 stacks, rock and ocean. Many allowable uses and lots of opportunities. You can alter plans to have 1 bigger unit and a small unit, also possible for commercial use (check with the city). Soil and Topo reports are available. Plans are available upon request, water at street. Seller may carry $50,000. Next step is engineering. Call your Realtor and make an offer today!Seller is a local contractor and originally planned to build it out, perfect for building investors/contractors.