$990,000
$1,030,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
5,806 Sqft Lot
SOLD DATE : 08/05/2026
Key Details
Sold Price $990,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Embarcadero(750)
MLS Listing ID PI26106185
Sold Date 08/05/26
HOA Y/N No
Year Built 1935
Lot Size 5,806 Sqft
Property Sub-Type Duplex
Property Description
Two blocks from the water, location, location, location! Opportunity knocks with this possible development property in the downtown core of morro Bay. This vintage duplex has two separate houses and approved plans for a 3rd unit, plus the property may have an additional ADU and a Jr. ADU on the property. The current unit mix consists of a 2/1 and a 1/1 free standing units with each hanvig individual yards and there is a rear two car garage. The roof and rain gutters were recently replaced and the units bring great rents, being so close to the Embarcadero. This property has fantastic upside potential. This property also qualifies for a short term vacation rental license. Whether you are wanting an investment property or a vacation hideaway spot for the family this fits the bill.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 066115004
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with James Kelsey Century 21 Masters
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