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Listed by Greg Astle, Broker, Greg Astle, Listing Contact: 805-423-7653
2 Beds
2 Baths
1,022 sqft

$829,000

535 537 Estero AVE, Morro Bay CA, 93442

Price per sqft$811.15
Built in1935
Property size1,022 sqft
Property typeResidential

Overview

Active

Listed Nov 11, 2026

Updated 26h 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
CRSC26240044

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres
MLS provider logo

Listed by Greg Astle, Broker, Greg Astle DRE:00687207,
Listing Contact: 805-423-7653 

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Data last updated 4:17 AM UTC, 11/13/2026

 

 

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