Estimated Monthly Payment: $2,768/mo Log in to view address MLS# SC19222003 Residential Listing Status: Active
2
1
618 sqft
85
82
0
3

REMARKS:

LICENSED VACATION RENTAL! This charming home or turnkey vacation rental right smack dab at the center of downtown Morro Bay is a must see. Zoned R4 (multi-family) with all the potential in the world, this well located parcel just 5 mins walk from the waterfront features mature landscaping, separate front and back yard hangout areas, barking seals in the distance, single car garage with long driveway, future RV or boat parking potential, and more than enough backyard space to develop further. Buyers may choose to keep as is and take full advantage of upgrades, add an ADU out back, or even add a second house (Max 30ft height and 60% lot coverage in R4). Buyer to check with City to confirm possibilities. Also worth confirming is the VR permit process. As one of 250 licensed VRs in Morro Bay, 361 Dunes offers the ability to gross over $5k/mo (summer; $3-4k/mo school year). Use this income to build further or simply sit back and reap the benefits of cash flow. Calendar has been kept clear for listing purposes but can resume right away for incoming buyer, as home can be handed over with all furnishings and appliances. Built in 1929, this early colonial home is a lath/plaster/stucco structure that has stood the test of time. Owner has made many improvements since 2016 (while retaining charm and integrity) but doesn't intend to make additional repairs at this time. Swing by an upcoming open house or make an appointment today to see for yourself all this property has to offer!

OVERVIEW:

Residential
Active
MRBY - Morro Bay
Town of El Morro(830)
Bungalow, Colonial, Cottage, Spanish
1929
618
4500
0.10
Plaster, Stucco
Pillar/Post/Pier
Asphalt, Flat, Spanish Tile, Tar/Gravel
Outbuilding, Shed(s)
Covered, Direct Garage Access, Driveway, Asphalt, Paved, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Single Door, On Site, Parking Space, RV Potential, See Remarks, Shared Driveway, Workshop in Garage
1
Wall Furnace, Natural Gas
None
Public
Public Sewer
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
0-1 Unit/Acre, Back Yard, Corners Marked, Front Yard, Garden, Landscaped, Rectangular Lot, Level, Near Public Transit, Sprinklers Drip System, Sprinklers In Rear, Up Slope from Street, Utilities - Overhead, Yard

FEATURES:

Awning(s), Barbecue Private, Lighting
Furnished, Pantry, Tile Counters
Brick, Concrete, Deck, Enclosed, Patio, Patio Open, Wood
Biking, Curbs, Fishing, Foothills, Golf, Hiking, Gutters, Horse Trails, Park, Watersports, Mountainous, Preserve/Public Land, Sidewalks, Storm Drains
Carbon Monoxide Detector(s), Smoke Detector(s)
None
None
Dishwasher, Electric Oven, Electric Cooktop, Free-Standing Range, Freezer, Disposal, Gas Water Heater, Tankless Water Heater, Water Heater
Blinds, Screens, Wood Frames
Laminate, Tile, Wood
Bay, Mountain(s), Ocean, Peek-A-Boo

ROOM INFO:

2
1
All Bedrooms Down, Family Room, Kitchen, Living Room

SCHOOLS:

San Luis Coastal Unified

FINANCIAL:

607000

Broker Reciprocity Courtesy of Rock View Realty, Sean Green

 

Data last updated 4:59:55 PM, 12/12/2019

 

Based on information from California Regional Multiple Listing Service, Inc. as of 12/12/2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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