Four-Unit Coastal Quadplex with Bay
New
For Sale
$2,290,000
213 Dunes St, Morro Bay, CA 93442
Three units operate as short-term rentals, while the fourth is occupied by the owner.
Property Size3,494 SF
Price / SF$773.65
Days on Market2
Property Features for 213 Dunes St
General Information
Standard status
Active
Size
3,494 SF
Total Parking Spaces
5
Property subtype
Investment
Zoning
C-VS, R-3
Units
Unit Mix
1BR (owner's residence), 1BR, 2 Studio
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Currently Operating
Yes
Amenities
outdoor decks
Building Details
Building Size
3,494 SF
Year Built
1989
Year Renovated
2023
Buildings
1
Stories
2
Units
4
Listing Agency:
Central Coast Sotheby's International Realty
Listed By:
Linda Wilson · License #01045160
(805) 543-7727
Source:
Elliman
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 23 at 5:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central Coast Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit property provides approximately 2,960 square feet of finished living space. The main-level residence has one bedroom, a full kitchen, living room, laundry room, storage and a bathroom. Upstairs are a second one-bedroom unit with a kitchen, living room, bathroom and sitting room, plus two studios with kitchenette-style prep areas and private bathrooms. The property was renovated in 2019 and 2023, and outdoor decks offer bay and ocean views. Three garages accommodate parking for up to five vehicles.
The owner occupies one unit, with the other three operated as short-term rentals. The property lies within the C-VS (Visitor-Serving Commercial) and R-3 (Multifamily Residential) zoning districts. Short-term rental use is permitted subject to applicable zoning provisions and City requirements; buyers should confirm permitted uses, licensing and operating regulations with the City of Morro Bay. The site has one water meter, one electricity meter and one gas meter. It is near the waterfront, Embarcadero and downtown, with a Walk Score of 78 and Bike Score of 65.
The owner occupies one unit, with the other three operated as short-term rentals. The property lies within the C-VS (Visitor-Serving Commercial) and R-3 (Multifamily Residential) zoning districts. Short-term rental use is permitted subject to applicable zoning provisions and City requirements; buyers should confirm permitted uses, licensing and operating regulations with the City of Morro Bay. The site has one water meter, one electricity meter and one gas meter. It is near the waterfront, Embarcadero and downtown, with a Walk Score of 78 and Bike Score of 65.
Key Highlights
- Four‑unit property with approximately 2,960 square feet of finished living space
- Three units currently operate as short‑term rentals; the owner occupies the fourth
- C‑VS and R‑3 zoning districts; short‑term rental use is subject to City requirements
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,258
Businesses Nearby
Explore this area
Business Placement
Demographics for 93442, CA
11,390
Population
6,537
Households
1.7
Avg Household Size
54
Median Age
45%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
256
Density / Sq Mi
$92,163
Median Household Income
$50,651
Median Earnings
$1,815
Median Rent
$870,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Three units operate as short-term rentals, while the fourth is occupied by the owner.
Where is this quadplex located?
The property is located at 213 Dunes St Morro Bay, CA.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: Four‑unit property with approximately 2,960 square feet of finished living space; Three units currently operate as short‑term rentals; the owner occupies the fourth; C‑VS and R‑3 zoning districts; short‑term rental use is subject to City requirements
