Reduced by $12,000 (1.94%) on 12/06/19
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Reduced by $12,000 (1.94%) on 12/06/19
361 Dunes Street
Morro Bay, CA 93442
2 Beds   1 Baths
1 Car Garage
618 SqFt
4,500 SqFt Lot
0.1033 Acres
Single Family Home

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!
Property Type:   Single Family Home
Bedrooms:   2
Baths:   1
Garages:   1
Living Space:   618 SqFt
Lot Size:   4,500 SqFt Lot
Lot Acres:   0.1033 Acres
Year Built:   1929
Style:   Bungalow,Colonial,Co
Subdivision:   Town of El Morro(830)
Mls Area Code:   MRBY - Morro Bay
MLS#:   SC19222003
Home Features
Breakfast Area
Bay/Harbor View
Ceramic Tile Floor
Enc Patio/Sun Rm
Fenced Yard
Hardwood Floor
Ocean View
Single Story
Tile Roof
Mountain/Hills View
Community Features
Dist: San Luis Coastal Unified

Listing Agent: Sean Green    Listing Broker: Rock View Realty   

Based on information from California Regional Multiple Listing Service, Inc. as of 12/12/19 EST/EDT EST/EDT. 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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