Morro Bay, CA 93442 238 -240 Pacific Street

Sold: Jun 16, 2020
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Presented By: Frankie Ciano with Ciano Real Estate Inc.;
  • MLS# SC20091674
  • 05/14/2020
  • Request Tour
  • Request Info
  • BedBeds • 2
  • BathBaths • 2

Home Details

A 5 Star two-unit residential complex overlooking picturesque Morro Bay harbor, Embarcadero, and Rock. An incredible sited parcel conveniently close to world-class dining, Marina Square, shopping, beaches, and downtown. Only a half block to the Embarcadero and harbor. This duplex offers a true coastal hideaway of unsurpassed natural beauty. Individually licensed as Vacation Rentals with increasing monthly year over year income. Immediate receivable 2020 cash flow with future booked reservations. Two residences each comprised of 1 bedroom and 1 bathroom. Both refreshed from floor to ceiling, carefully furnished, and being enjoyed daily by vacationers from around the globe. Each residence offers comfortable living, bedroom space and full kitchen, and decks which encourage an outdoor living environment. 2 onsite parking spaces. Zoned CVS – Community Visitor Serving, the property is primed positioned to continue as a successful Vacation Rental, long term rental or the location invites potential for redevelopment. A Premier Partner on VRBO and Superhost on Airbnb. This offering has a great track record and is a growing turn-key business opportunity for those looking to invest in a property with expanding future potential.
Presented By: Frankie Ciano with Ciano Real Estate Inc.;

General for 238 -240 Pacific Street

AccessibilityParking
Additional Parcels Y/NYes
AppliancesBarbecue, Dishwasher, Microwave, Refrigerator, Water Heater
Architectural StyleCottage
Association Y/NNo
Community FeaturesBiking, Curbs, Dog Park, Foothills, Fishing, Golf, Gutter(s), Hiking, Park, Preserve/Public Land, Storm Drain(s), Street Lights, Water Sports
Construction MaterialsWood Siding
CoolingNone
ElectricStandard
FlooringCarpet, Laminate, Tile
Garage Spaces
Garage Y/NNo
HOA Fee$
HeatingWall Furnace
Interior FeaturesFurnished, Living Room Deck Attached, All Bedrooms Down
Land Lease Y/NNo
LevelsOne
MLS AreaMRBY - Morro Bay
Parking FeaturesAssigned, Paved, One Space
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property SubTypeDuplex
Property TypeResidential Income
PropertyConditionTurnkey
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Subdivision NameEmbarcadero(750)
TermsCash to New Loan
Total Units2
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewBay, Coastline, Landmark, Marina
Virtual TourClick here
Water Sewer Expense0
Waterfront FeaturesAcross the Road from Lake/Ocean, Ocean Side Of Highway

Interior for 238 -240 Pacific Street

Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area

Exterior for 238 -240 Pacific Street

FencingVinyl, Wood
Lot FeaturesLandscaped, Near Public Transit
Lot Size Acres0.07
Lot Size Area3150
Lot Size Square Feet3150
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters1
Number of Separate Water Meters1
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking0
View Y/NYes
Water SourcePublic
1527188455

First Team Client Services

Price $595,000
MLS#SC20091674
List Date 05/14/2020
Property Type Income
Phone 714.964.3311
Request Tour
Request Info
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