Morro Bay CA 93442
Status: Active
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!
Listing provided courtesy of Greg Astle of Greg Astle, Broker. Last updated 2026-11-15 09:14:28.000000. Listing information © 2026 CRMLS.