540 Kern Avenue, Morro Bay, CA 93442
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540 Kern Avenue, Morro Bay, CA 93442
540 Kern Avenue, Morro Bay, CA 93442
540 Kern Avenue, Morro Bay, CA 93442
540 Kern Avenue, Morro Bay, CA 93442
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$ 960,000
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540 Kern Avenue Morro Bay, CA 93442

3 Beds

2 Baths

1,438 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,438 sqft

Price per Sqft $667

Subdivision Morro Heights (810)

MLS Listing ID SC26096690

Bedrooms 3

Full Baths 2

Year Built 1935

Lot Size 5,000 Sqft

Property Sub-Type Detached

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 is currently tenant occupied, and rents for $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.

Location

State CA

County San Luis Obispo

Direction From Morro Bay Blvd, turn right onto Kern Ave, 540 Kern is the front house, 542 Kern is the back house

Interior

Flooring Wood

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Range

Exterior

Garage Spaces 1.0

View Y/N Yes

Water Access Desc Public

View Ocean

Total Parking Spaces 1

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 066162014

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


MLS Router / San Diego MLS
Listed by Kelly Vandenheuvel, DRE#01472453 Central Coast Property Sales 

NEARBY SCHOOL & BUSINESS

Tadd Bennett

Tadd Bennett

Broker | License ID: 01926503

+1(760) 222-7717

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540 Kern Avenue