New Listing
$829,000
 $4,450 est/mo Sourced by Back At You

535 537 Estero Avenue,Morro Bay, CA 93442

Morro Bay, CA 93442

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Description

535 & 537 Estero Avenue is a unique 2 units-on-one-lot offering. Both cottages are one-bedroom, one bath units that have excellent rental histories. This is a fabulous walk-to-downtown neighborhood with great development potential. Morro Bay Planning indicates multi-dwelling-plus-ADU-potential. This is a great opportunity to imagine your project while collecting rents on the two cottages. Tour the neighborhood and you'll see the creativity that is abundant in the newer homes. Shopping, theatre, restaurants and shops are just a short distance. These units date back to the mid-thirties but still have great potential as rentals. Morro Bay Planning encourages in-person visits to their offices for development discovery purposes. Both cottages are one-bedroom, one-bath units that share one water meter and separate electric and gas meters. Contact your Realtor to visit this unique offering today!

Details

MLS #SC26240044
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1935
Days On Site4
Listing Provided ByGreg Astle, Broker | Greg Astle

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,022
Story(s)1
Units2
ZoningMod Density
Acreage0.14
Golf CourseYes
Property ViewYes

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Interior FeaturesEat In Kitchen, Utility Room
AppliancesGas Cooktop, Gas Oven
Fireplace Yes / NoNo

Exterior

RoofComposition, Metal
Security FeaturesCarbon Monoxide Detectors, Smoke Detectors
Construction MaterialsBrick, Drywall, Glass, Concrete, Wood Siding
Foundation DetailsBrick Mortar, Concrete Perimeter, Pillar Post Pier, Raised, See Remarks
Lot FeaturesZero To One Unit Acre
FencingWood

Parking

Parking FeaturesDriveway Down Slope From Street, Driveway, Gravel, Paved, Tandem, Uncovered
Garage Yes / NoNo

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Phone Connected, Water Connected
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesBiking, Fishing, Golf, Water Sports

Area Information

StateCA
CountySan Luis Obispo
CityMorro Bay
Zip Code93442
AreaMRBY Morro Bay
Community NameMorro Heights (810)
Listing VS Median (in Morro Heights (810))
Price:
$829,000
low | high
Med:
$1,371,000
15.379975874548% of Average
sqft:
1,022
low | high
Med:
2,000
45.694716242661% of Average
$ / sqft:
$811
low | high
Med:
$688
65.20690739234% of Average
On site:
4
low | high
Med:
37
10.810810810811% of Average
Sourced by Back At You

Market Activity 93442

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Learn More About This Property

StateCA
CountySan Luis Obispo
CityMorro Bay
Zip Code93442
AreaMRBY Morro Bay
Community NameMorro Heights (810)
Listing VS Median (in Morro Heights (810))
Price:
$829,000
low | high
Med:
$1,371,000
15.379975874548% of Average
sqft:
1,022
low | high
Med:
2,000
45.694716242661% of Average
$ / sqft:
$811
low | high
Med:
$688
65.20690739234% of Average
On site:
4
low | high
Med:
37
10.810810810811% of Average
Sourced by Back At You
Listing Updated: November 11, 2026 at 1:32:38 PM PST