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537 Kings Avenue
Morro Bay, CA 93442

$1,085,000 Price reduced from $1,090,000 (-$5,000)
  • -- Beds
  • -- Baths
  • 4,079 sqft
  • Residential Income | Triplex
  • Active
537 Kings Avenue, Morro Bay - 348765033
537 Kings Avenue, Morro Bay - 348765034
537 Kings Avenue, Morro Bay - 348765035
537 Kings Avenue, Morro Bay - 348765036
537 Kings Avenue, Morro Bay - 348765037
537 Kings Avenue, Morro Bay - 348765038
537 Kings Avenue, Morro Bay - 348765039
537 Kings Avenue, Morro Bay - 348765040
537 Kings Avenue, Morro Bay - 348765041
537 Kings Avenue, Morro Bay - 348765042
537 Kings Avenue, Morro Bay - 348765043

Property Description for 537 Kings Avenue, Morro Bay CA 93442

Perfect for the investor or owner-occupant with a large owner's unit in the rear with a peek of the ocean and Morro Rock, a smaller two bedroom unit in the middle and a two bedroom unit downstairs plus a large laundry and rec room. Small income units that offer this much flexibility are hard to find. The large lot has plenty of parking. One garage was converted to a rec room with bath and with permit (529 square feet) and two others are used for storage. These can be rented for additional income. If you are looking for a 1031 Replacement property this would be a good choice.

  • Property Class: Residential Income
  • Listing Status: Active
  • City: Morro Bay
  • State: CA
  • Zip: 93442
  • Area: MRBY - Morro Bay
  • County: San Luis Obispo
  • Class: Residential Income
  • Property Subtype: Triplex
  • Stories: 2
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 4,079 sqft
  • Lot Sq Ft Apx: 9500.00
  • Garage: 3.00
  • Year Built: 1977
  • Listing#: PI17064677
  • HOA Fee: 0.00
  • Parcel Number: 066164004
  • List Date: 4/1/2017
  • Last updated on: 11/17/2017

Property Features for 537 Kings Avenue, Morro Bay CA 93442

  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater
  • Cooling: None
  • Disability Features: None
  • Heating: Wall Heater
  • Interior Features: Balcony, Built-Ins, Ceramic Counters, Tile Counters
  • Parking Features: Assigned, Carport, Carport Attached, Off Street
  • Security Features: Carbon Monoxide Detector(S), Smoke Detector
  • Utilities Sewer: Sewer Paid
  • Year Built: 1977
  • Community Features: Street Lighting
  • Zoning: R1
  • View Description: Peek-A-Boo, See Remarks
  • Construction Material: Stucco
  • Roof: Asbestos Shingle
  • Style: Contemporary
  • Lot Desc: Lot 6500-9999, Lot Shape-Rectangular
  • Pool: None
  • Road: Paved

Additional Information for 537 Kings Avenue, Morro Bay CA 93442

  • Carport Y/N: Yes
  • Development Status: Updated/Remodeled
  • Expenses: 19968.00
  • Fencing: Average Condition, Wood
  • Garage Style: Assigned, Carport, Carport Attached, Off Street
  • Gross Building Area: 4079.00
  • Gross Income: 70980.00
  • Net Income: 51012.00
  • Rent Income: 4945.00
  • Roof: Asbestos Shingle
  • Style: Contemporary
  • Subdivision: Morro Heights (810)
Courtesy of Kirby Gordon, Gordon & Gordon
Copyright 2017, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.