218 - 222 Pacific Street, Morro Bay, CA 93442
Triplex · 2 recorded sales since 2020
Sold July 2020
Listing Agent: Frankie Ciano (DRE #01412309) · Listing Office: Ciano Real Estate Inc. · Contact: 805-771-9779 · Bought with: Frankie Ciano · Ciano Real Estate Inc. · MLS #SC20091628 · Source: CRMLS
About this triplex
A 5 Star three-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 three-residence group 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. Comprised of a 2 bedroom 1 bath, and two studio units. All 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. Patios, decks, and large private courtyard encourage an outdoor living environment. Zoned CVS – Community Visitor Serving, the property is primed positioned to continue as a successful Vacation Rental, full time rental, or the location invites modern 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.
Listing description from the July 2020 sale, as reported to CRMLS.
Sale history
