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2 Beds
2 Baths
1,022 sqft

$829,000

535 537 Estero Avenue, Morro Bay CA, 93442

Price per sqft$811.15
Built in1935
Property size1,022 sqft
Property typeMulti-family
Listed by Greg Astle CA DRE# 00687207 with Greg Astle, Broker 805-423-7653

Overview

Active

Listed Nov 11, 2026

Updated 21 min ago

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!

$5,515/mo

Est. mortgage payment based on a $829,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SC26240044

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

View
Yes
55+/Senior Community
No
MLS provider logo

Listed by Greg Astle CA DRE# 00687207 with Greg Astle, Broker 805-423-7653

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/12/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/12/2026 at 2:14 PM UTC Last Checked: 2:14 PM UTC

 

 

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