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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.
Property Type(s):
Single Family
| Last Updated | 5/8/2026 | Tract | Morro Heights (810) |
|---|---|---|---|
| Year Built | 1935 | Community | MRBY - Morro Bay |
| Garage Spaces | 1.0 | County | San Luis Obispo |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer Stacked |
| AREA | MRBY - Morro Bay |
| GARAGE | Attached Garage, Yes |
| LOT | 5001 sq ft |
| LOT DESCRIPTION | Back Yard |
| LOT DIMENSIONS | 5000 |
| PARKING | Attached, Driveway, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Morro Heights (810) |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
| WATER | Public |
Location
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Listed with Central Coast Property Sales
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