218 222 Pacific Street
Morro Bay, CA 93442
- 4 beds
- 3 baths
- 1,580 sqft
- 2,800 sqft lot
- $537 per sqft
- 1946 build
- – on site
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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.
Listed By CRMLS_CA / Frankie Ciano / Ciano Real Estate Inc.
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Last updated May 3, 2024
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MLS# SC20091500 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/13/20
Jul 13, 2020
|
CRMLS_CA | $850,000 | 6.9% | |
6/1/20
Jun 1, 2020
|
CRMLS_CA | $795,000 | ||
5/14/20
May 14, 2020
|
CRMLS_CA | $795,000 |