238 -240 Pacific Street, Morro Bay, CA 93442
Duplex · 2 recorded sales since 2020
Sold June 2020
Listing Agent: Patrick Mulholland (DRE #02021448) · Listing Office: Ciano Real Estate Inc. · Contact: 805-771-9779 · Bought with: Chris Langley · Ciano Real Estate Inc. · MLS #SC20087992 · Source: CRMLS
About this duplex
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.
Listing description from the June 2020 sale, as reported to CRMLS.
Sale history
