Morro Bay, CA 93442 2718 2716 Main

$1,350,000

12 more

Presented By: Candice Bell with Shoreline Properties; 805-225-4848

MLS# SC24079437
04/21/2024

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Beds • 6
Full/Half Baths • 4 / 1
SQFT • 2,688
Garage • 4

Home Details

Two homes on one lot located in the beautiful town of Morro Bay. Both homes have ocean and Morro Rock views. 2718 Main Street is a 3 bedroom, 2.5 bath home with 1536 square feet and a 2 car garage. Featuring an open floor plan, there are nice views from the living room, kitchen, dining area, balcony, and the principal bedroom. 2716 Main Street fronts Alder Street and is a 3 bedroom, 2 bath home with 1152 square feet and 2 car garage. This home also has an open floor plan with a corner window in the living room with ocean and rock views. Both homes are currently rented with an annual gross income of 58,800. These well maintained homes were built in 2004 and each have separate utilities paid by tenants. Close to shopping, beaches, and dining. This property is a great investment opportunity or can live in one and rent out the other for extra income. Make your appointment today to see the interior of these wonderful homes!

Presented By: Candice Bell with Shoreline Properties; 805-225-4848

Interior Features for 2718 2716 Main

Other Interior Features

Air Conditioning Y/NNo

Basement (Y/N)No

Common WallsNoCommonWalls

Electric On Property Y/NNo

Fireplace FeaturesGas, LivingRoom

Fireplace Y/NYes

FlooringCarpet, Tile

Heating Y/NYes

Laundry FeaturesInGarage

Total Stories2

Window FeaturesBlinds, DoublePaneWindows

Other Rooms

Entry Level1

General for 2718 2716 Main

AccessibilityNone

Additional Parcels Y/NNo

AppliancesDishwasher, Microwave

Attached Garage No

Building Area UnitsSquareFeet

Carport Y/NNo

CityMorro Bay

Community FeaturesBiking, Fishing, Golf, Hiking, PreservePublicLand

Construction MaterialsStucco

CoolingNone

CountySan Luis Obispo

Current FinancingNone

Days on Market1

DirectionsHeading on Highway 1 North, take the exit to Highway 41 and turn left on Main Street. 2718 is on Main and 2716 faces Alder

DisclosuresCoastalZone

ElectricElectricityOnProperty

Entry Locationground level

Exterior FeaturesBalcony

Garage Spaces4.0

Garage Y/NYes

Gross Income58800.0

HOA0.0

HOA / Comm AssnNo

HeatingForcedAir, NaturalGas

Home Warranty Y/NNo

Insurance Expense1000.0

Interior FeaturesBalcony, OpenFloorplan, TileCounters

Land Lease Y/NNo

Lease Considered Y/NNo

Lease Renewal Y/NNo

LevelsTwo

Listing TermsCash, CashtoNewLoan, Item1031Exchange

Lot Size Square Feet4500.0

MLS AreaMRBY - Morro Bay

MobileHomeRemainsYNNo

Net Operating Income47627.0

New ConstructionNo

Ok to LeaseMonthToMonth

Operating Expense11173.0

Other StructuresTwoOnALot

Patio/Porch FeaturesBalcony

Pool FeaturesNone

PossessionCloseOfEscrow

Private PoolNo

Property Attached Y/NNo

Property Sub Type AdditionalDuplex

Property SubTypeDuplex

Property TypeResidentialIncome

Rent Control Y/NYes

RoofAsphalt

Security FeaturesCarbonMonoxideDetectors, SmokeDetectors

Senior Community Y/NNo

SewerPublicSewer

Spa FeaturesNone

Special Listing ConditionsTrust

Standard StatusActive

StatusActive

Stories2

Street NameMain

Subdivision NameNorth Morro Bay (820)

Tax Annual Amount10173.0

Tenant PaysAllUtilities

Total Units2

Trash Expense0.0

UtilitiesElectricityConnected, NaturalGasConnected, WaterConnected

ViewOcean, Water

View Y/NYes

Waterfront Y/NNo

Year Built2004

Year Built SourceAssessor

Exterior for 2718 2716 Main

Building Area Total2688.0

Crops Included Y/NNo

Foundation DetailsSlab

Horse Y/NNo

Irrigation Water Rights Y/NNo

Lot FeaturesLevel

Lot Size Acres0.1033

Lot Size Area4500.0

Lot Size SourceAssessor

Lot Size UnitsSquareFeet

Number of Buildings2

Number of Separate Electric Meters2

Number of Separate Gas Meters2

Number of Separate Water Meters2

Open Parking Y/NNo

Parking FeaturesCovered, DoorMulti, DirectAccess, Driveway, GarageFacesFront, Garage, OffStreet, OneSpace

Road Frontage TypeCityStreet

Road Surface TypePaved

SpaNo

Total Parking4.0

Water SourcePublic

Additional Details

Price History

First Team Client Services

Price $1,350,000

MLS#SC24079437

List Date 04/21/2024

Property Type Multi-Family

Phone 714.964.3311

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