Four-Unit Short-Term Rental
New
For Sale
$2,290,000
213 Dunes Street, Morro Bay, CA 93442
Morro Bay, CA
Property Size2,960 SF
Lot Size0.12 Acres
Price / SF$773.65
Days on Market3
Property Features for 213 Dunes Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bonus Room, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Laundry Room, Bedroom 1, Bathroom 3
Parking
5
Parking features
Garage, Driveway, Open
Window features
Double Pane Windows
Interior features
Balcony, Ceiling Fan(s), Copper Plumbing Full
Appliances
Microwave, Refrigerator, Water Heater Central, Self Cleaning Oven, Electric Cooktop
Subdivision
Embarcadero(750)
Lot features
Level with Street, Paved, Rectangular Lot, Level
View
Ocean, City
Directions
Main st to Dunes
Standard status
Active
APN
066035003
Lot size
0.12 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Wall Furnace, Forced Air
Water source
Public
Water front features
Navigable Water, Lake
Water front
1
Building Details
Year built
1989
Floors in Building
2
Number of units
4
Flooring type
Carpet, Stone, Tile, Vinyl
Building materials
Wood Siding, Vertical Siding
Roof type
Composition
Architectural style
Cape Cod, Bungalow
Listing Agency:
Central Coast Sotheby's International Realty
(805) 781-6040
Listed By:
Linda Wilson · License #01045160
(805) 801-3232
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 8:06AM
MLS# SC26221926
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 offers approximately 2,960 square feet of finished living area on a 0.12-acre lot. The ground-floor residence has one bedroom, a full kitchen, living room, laundry room, storage and a bathroom. Upstairs are a one-bedroom apartment with a kitchen, living room, bathroom and sitting room, plus two studio units with kitchenette-style prep areas and private bathrooms. Decks provide outdoor space, and the property has three garages with parking for up to five vehicles. Renovations were completed in 2019 and 2023; the building dates to 1989.
The property has bay and ocean views and is near the waterfront, Embarcadero and downtown Morro Bay. It lies in the C-VS Visitor-Serving Commercial and R-3 Multifamily Residential zoning districts. Short-term rentals are permitted under applicable provisions and exempt from the city’s residential rental cap and waitlist, subject to city requirements. New ownership must obtain a city business license and Transient Occupancy Tax Certificate. Water, electricity and gas are each served by one meter, with a single utility account.
The property has bay and ocean views and is near the waterfront, Embarcadero and downtown Morro Bay. It lies in the C-VS Visitor-Serving Commercial and R-3 Multifamily Residential zoning districts. Short-term rentals are permitted under applicable provisions and exempt from the city’s residential rental cap and waitlist, subject to city requirements. New ownership must obtain a city business license and Transient Occupancy Tax Certificate. Water, electricity and gas are each served by one meter, with a single utility account.
Key Highlights
- Four units with approximately 2,960 square feet of finished living space
- Three units currently operate as short‑term rentals; owners occupy the fourth
- Three garages provide parking for up to five vehicles
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?
Short term rental property - Three residences are operated as guest rentals, with the fourth serving as the owners’ home.
Where is this short term rental property located?
The property is located at 213 Dunes Street 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 units with approximately 2,960 square feet of finished living space; Three units currently operate as short‑term rentals; owners occupy the fourth; Three garages provide parking for up to five vehicles
