Back to search
535 537 Estero Avenue Morro Bay, CA $ 829,000
Share Save
$ 829,000 Get more info
535 537 Estero Avenue
$ 829,000
Back to search
Share Save

535 537 Estero Avenue

Morro Bay, CA, 93442
$ 829,000
Bedrooms2 Baths2.0 Sq 1,022

Monthly Estimate*

$ 5,726

Listed by Greg Astle, Greg Astle, Broker, greg@gregastle.com
535 537 Estero Avenue, Morro Bay, CA 93442 - Image 1
535 537 Estero Avenue, Morro Bay, CA 93442 - Image 2

Multi-Family Home for sale in Morro Bay, CA

for $829,000 with 2 bedrooms and 2 full baths. This 1,022 square foot home was built in 1935 on a lot size of 0.1377.

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!

See more
Multi-Family Coming Soon

Price

$ 829,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1377

Year Built

1935

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

SC26240044

Days on Market

3
Features
General
Living Area 1022
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Phone Connected Water Connected
Possession Close Of Escrow
Roof Composition Metal
Appliances Gas Cooktop Gas Oven
Zoning Mod Density
HOA Fee 0
Garage Spaces 0
Patio/Porch Features See Remarks
Architectural Style Ranch
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick Drywall Glass Concrete Wood Siding
Year Built 1935
Electric Standard
View Peek-A-Boo
Stories Count 1
Levels One
Property Subtype Duplex
Community Features Biking Fishing Golf Water Sports
Accessibility None
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Subdivision Name Morro Heights (810)
Garage Y/N false
Other Structures Shed(s)
Full Baths 2
Special Listing Conditions Standard
Status Coming Soon
Directions HWY 1 TO MB BLVD WEST TO BERNARDO LEFT TO PACIFIC RIGHT TO ESTERO LEFT TO 535/537 ESTERO
High School Morro Bay
City Morro Bay
Disclosures Coastal Commission Restrictions Coastal Zone
Entry Location One
Senior Community Y/N false
High School District San Luis Coastal Unified
Open Parking Spaces 4
Number Of Units Total 2
MLS Area MRBY - Morro Bay
Lot Size Units Square Feet
Lot Size Square Feet 6000
Carport Spaces 0
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Property Condition Repairs Cosmetic Repairs Major
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Duplex
Living Area Units Square Feet
Standard Status Coming Soon
Occupancy Type Vacant
Year Built Source Assessor
Tax Lot 8
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-11-11
See more
Interior
Interior Amenities Eat-in Kitchen Utility Room
Flooring Carpet Stone Vinyl
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room See Remarks
Total Bedrooms 2
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 2
See more
Exterior
Fencing Wood
Parking Features Driveway Down Slope From Street Driveway Gravel Paved Tandem Uncovered
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 4
Inclusions Frig washer and dryer in 535 Estero (back unit) Frig included in front unit (537)
Lot Size Area 6000
Foundation Details Brick/Mortar Concrete Perimeter Pillar/Post/Pier Raised See Remarks
Spa false
Lot Dimensions 50 x 120
Lot Size Acres 0.1377
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
RV Parking Dimensions 0
Road Frontage Type City Street
See more
* Excluded Features
List By
Greg Astle

Listing Agent

Greg Astle, Broker

Broker

greg@gregastle.com

Email

Affordability Calculator

$5,726
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,726
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
Morro Bay High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/9/2026$829,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

535 537 Estero Avenue, Morro Bay, CA, 93442 is a Multi-Family Home for sale at $829,000 with 1,022 sqft and a lot size of 0.1377. 535 537 Estero Avenue has 2 bedrooms, 2.0 baths, and was built in 1935. The property's zip code is 93442 which is in Morro Bay, CA

Get more info