540 542 Kern Avenue, Morro Bay, CA 93442
- $960,000
- 3
- BD
- 2
- BA
- 1,438
- SqFt
- List Price
- $960,000
- Days on Market
- 57
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- SC26096690
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,438
- Lot Size (Acres)
- 0.1148
- Year Built
- 1935
Property Description
Excellent Investment Opportunity from this ocean view property in Morro Heights! Two separate Spanish style homes each offering great income potential. The larger home which has two bedrooms, one bath, enclosed sun room, and a large backyard has a rental history of $2,300 per month. The smaller home that sits at the top of the driveway has one bedroom and one bath, a garage, a small yard area with a shed, and has a rental history of $1,550 per month. Both homes have hardwood floors, double-paned windows, tankless water heaters, and the larger home has a dishwasher and a free standing gas furnace. There is a separate address and gas, water, electrical meters for each home, and a new electrical panel. This is a great business opportunity for those looking to invest in a property with expanding future potential or someone who is looking for a starter property with active income.
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Additional Information
- Area
- Morro Bay (MRBY)
- Subdivision
- Morro Heights (810)
- Neighborhood
- Morro Heights (810)
- Stories
- One Level
- Acres
- 0.11
- Flooring
- Wood
- Garage Spaces
- 1
- Community Features
- Biking, Dog Park, Fishing, Golf, Hiking, Park, Street Lights, Water Sports
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Kelly Vandenheuvel (kellyv@centralcoastsales.com) from Listing Office: Central Coast Property Sales.
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.