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365 Surf Street
USD 1,475,000
Property ID: NS23171047
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365 Surf Street ,93442
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icon 7500 SqFt
icon Built in 1972
icon USD 197/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2448
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1972
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Detailed Introduction Of This Home
Welcome to 365 Surf Street, a fantastic investment property located in the highly sought-after community of Morro Bay! This multi-unit property, built in 1972, offers an excellent opportunity for both investors and house hackers. Situated on a spacious 7,500 square foot lot, the property comprises a single building with a total of four units, generating an annual income of $40,000. Each unit is a comfortable 612 square feet and includes 1 bedroom, 1 full bathroom, a living room, and a well-equipped kitchen. The property features two units on the upper level and two units on the lower level. All units have the added bonus of a pleasant deck and access to a shared yard and barbecue area. The upper units provide breathtaking views of the ocean, Morro Rock, and the iconic 3 Stacks. Additionally, the two lower garages offer four parking spaces, covering approximately 756 square feet of space. The property has seen around $118,000 in upgrades and improvements, including laminate flooring in all bedrooms and living areas, tile flooring in the bathrooms and kitchen, stylish faux blinds, new lighting fixtures, fresh paint, dual pane windows for enhanced energy efficiency, upgraded landscaping, and new garage doors. Currently, three of the units are leased at $1,285 per month each, while the remaining unit commands a monthly rent of $1,350. For investors, this property represents a lucrative investment opportunity. House hackers have the flexibility to live in one unit while generating rental income from the others. This rare opportunity places you in close proximity to the beach, Embarcadero, and an array of excellent seafood dining and shopping options. Don't miss your chance to invest in this income-generating property in the charming coastal community of Morro Bay!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (53)
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365 Surf Street
USD 1,475,000 0 Beds
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