Pacific Street Cottages, a 5 Star eight-unit residential complex overlooking picturesque Morro Bay harbor, Embarcadero, and Rock. An incredible sited parcel with 4 APNs conveniently close to world-class dining, Marina Square, shopping, beaches, and downtown. Only a half block to the Embarcadero and harbor. This eight-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 2019 cash flow with future booked reservations. The eight residences comprised of a triplex, duplex, two single family residences and a one-bedroom unit. 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. Three on site laundry facilities and 10 onsite parking spaces, sufficient for staff and guests needs. Zoned CVS Community Visitor Serving, the property is primed positioned to continue as a successful Vacation Rental or the location invites redevelopment into a modern Bayside resort. A Premier Partner on VRBO and Superhost on Airbnb. Booking.com has recently been added to book guests. This offering has a great track record and is a growing turn-key business opportunity for those looking to invest in a legacy property with expanding future potential.

  • MLS# SC19083828
  • Style Hospitality
  • Sub-Type Resale
  • Status Active
  • Year 1946
  • Days On Site 67
SQ Feet 4,560
Story(s) 1
Units 8
Listing Provided By:
Frankie Ciano  of  Ciano Real Estate Inc.
Aerial View - (Approximate Property Area Outlined)
Aerial View - (Approximate Property Area Outlined)
Pacific Street Cottages
Pacific Street Cottages
Unit 218 - 2 Bedroom 1 Bath - Entrance
Unit 218 - Living Room
Unit 218 - Kitchen
Unit 218 - Bedroom 1
Unit 218 - Bathroom
Unit 218 - Bedroom 2
Unit 218 - Deck
Unit 218 - Deck
Unit 218 - Rock view patio
Unit 220 - Studio - Entrance
Unit 220 - Living/Bedroom
Unit 220 - Kitchen
Unit 220 - Dining Room with Rock Views
Unit 220 - Bathroom
Unit 222 - Entrance - 1 Bedroom
Unit 222 - Living Room w/Fold Out Couch
Unit 222 - Kitchen
Unit 222 - Dining Area
Unit 222 - Bedroom
Unit 222 - Bathroom
Unit 226 - 2 Bedroom 2 1/2 Bath - Entrance
Unit 226 - Garage and Parking
Unit 226 - Private Patio Overlooking Embarcadero, Harbor and Morro Rock
Unit 226 - Private Patio - BBQ and Seating Area Overlooking Harbor
Unit 226 - Entry - Additional Dining Area
Unit 226 - Kitchen
Unit 226 - Dining Area - Views of Harbor and Morro Rock
Unit 226 - Living Area - Views of Harbor and Morro Rock
Unit 226 - Views of Harbor and Morro Rock
Unit 226 - Master Suite
Unit 226 - Master Bath
Unit 226 - Guest Bedroom with Sitting Area
Unit 226 - Sunroom with Sleeping Accomodations
Unit 226 - 3/4 Bath - Washer and Dryer
Unit 226 - Patio Overlooking Harbor - Designed to Entertain
Unit 226 - Back Patio - Entrance to Garage and Living Area
Unit 226 1/2 - 1 Bedroom 1 Bath - Private Entrance
Unit 226 1/2 - 1 Bedroom 1 Bath - Private Entrance
Unit 226 1/2 - Dining
Unit 226 1/2 - Kitchen - Bar Style Seating
Unit 226 1/2 - Full Bath
Unit 226 1/2 - Bedroom
Unit 226 1/2 - Bedroom - Lounge Area
Unit 226 1/2 - Private Patio
Utility Room - Available to Guests
Unit 234 - 2 Bedroom 1 Bath - Entrance and Garage
Unit 234 - Front Porch
Unit 234 - Kitchen and Dining
Unit 234 - Living Area
Unit 234 - Entry way to Backyard
Unit 234 - Bedroom 1
Unit 234 - Full Bath
Unit 234 - Bedroom 2
Unit 234 - Backyard Complete with Patio Furniture, BBQ and Horseshoe Pit
Units 238 and 240
Unit 238 - 1 Bedroom - Entrance
Unit 238 - Living Area
Unit 238 - Dining Nook
Unit 238 - Kitchen
Unit 238 - Bedroom
Unit 238 - Bath
Unit 240 - 1 Bedroom - Entrance
Unit 240 - Living Area
Unit 240 - Living Area - Entertainment Center
Unit 240 - Dining Nook
Unit 240 - Kitchen
Unit 240 - Bedroom
Unit 240 - Full Bath
Aerial View - Pacific Street Cottages
Aerial View - Pacific Street Cottages
Aerial View - Pacific Street Cottages
this listing $3,450,000
423.52%
$659,000 in 93442
this listing 4,560 SqFt
173.05%
1,670 SqFt in 93442
this listing $757 $/SqFt
91.73%
$395 $/SqFt in 93442
this listing 67 on site
31.63%
98 on site in 93442

Location

State CA
County San Luis Obispo
City Morro Bay
Zip Code 93442
Area MRBY - Morro Bay

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