1188-1196 Market Avenue

Morro Bay, CA 93442

$1,599,000
Price
8
Beds
5
Baths
3,431 Sq. Ft.
$466 / Sq. Ft.
3,431
Sq. Ft.
$466
per Sq. Ft.
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Description

Generations of history in this property! Two legal parcels with two units on each lot! Not far from the embarcadero, with a location that offers a view of Morro Rock from the main residence, and no neighbors across from it to block that view! Zoned Residential Medium Density (RM). Huge potential for future use and incredible charm! Experience the small “community” type of feeling between the structures on these two properties and you will see why it makes sense to buy them together! 1196 Market Ave...Generations of history in this property! Two legal parcels with two units on each lot! Not far from the embarcadero, with a location that offers a view of Morro Rock from the main residence, and no neighbors across from it to block that view! Zoned Residential Medium Density (RM). Huge potential for future use and incredible charm! Experience the small “community” type of feeling between the structures on these two properties and you will see why it makes sense to buy them together! 1196 Market Ave includes the main home of approximately 1,462± sf. ft. with 3 Bedrooms, 1.75 Baths, built in the early 1900’s. 1196 1/2 Market Ave is a quaint cottage of approximately 305± sq. ft. on the backside of the lot with 1 Bedroom, 3/4 Bath and a parking space next to it. There is also a detached garage next to the main house. 1188 Market Ave includes a duplex with each unit offering approximately 832± sq. ft. Unit A & Unit B each offer 2 Bedrooms, a 3/4 Bath and extra large storage closets along the wall that divides the units, with floorplans that mirror each other. There is a long covered front porch with wooden rain gutters, plus a rear patio. The rock wall surrounds the front yard, plus there is a small fenced yard next to the double carport at the rear of the lot. There is a shared driveway, with parking both on and off of the property. Original wood flooring in the main living areas, plus a fireplace and many of the original built-ins in the main house. The original “cooler” cabinet exists on the backside of the kitchen, which is cooled by the subarea space and was originally used to store food. Located only a few blocks from the water, this location is an easy drive down to the pier and restaurants along the Embarcadero, or to Morro Rock and the beach! View the 3D tours of the homes in the link.
  1. Listed by Kandie Frederick • DRE #01358589 • Brokerage DRE #01381142 • Country Real Estate, Inc. • 805-878-2225

Property Details for 1188-1196 Market Avenue

View
Bay, Neighborhood, See Remarks
Parking Spaces Total
3
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3431
Assessor Parcel Number
066037001
LISTING UPDATED: 08/27/2024 06:46 AM

Property Details for 1188-1196 Market Avenue

StatusActive
MLS #NS24176021
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1920
Lot Size0.33 AC / 14,447 SF
CountySan Luis Obispo County

Building Information for 1188-1196 Market Avenue

Stories1Residences-Year Built1920Building Size-Lot Size0.33 AC / 14,447 SF

Property Information for 1188-1196 Market Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 63
  • Tax Census Tract: 106.03
  • Tax Lot: 1&2
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Equipment: Inside
Exterior Features
  • Roof: Composition
  • Entry Location: Front
  • Foundation Details: Raised
  • View Description: Bay
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Additional Parcels Description: 066-037-002
  • Lot Features: Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Garage, Uncovered
  • Parking Garage Spaces: 1
  • Carport Spaces: 2
  • Parking Features: Detached Carport, Garage, On Site, Uncovered
Property / Structure Info
  • Builders Tract Name: Town of El Morro
  • Builders Tract Code: Town of El Morro(830)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $825
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2

Property History for 1188-1196 Market Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1188-1196 Market Avenue

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Del Mar Elementary School
Public - K to 5
Los Osos Middle School
Public - 6 to 8
Morro Bay High School
Public - 9 to 12
Pacheco Elementary School
Public - K to 6
Rating
School
Distance
Del Mar Elementary School
PublicK to 5

Los Osos Middle School
Public6 to 8

Morro Bay High School
Public9 to 12

Pacheco Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1188-1196 Market Avenue, Morro Bay, CA 93442

1188-1196 Market Avenue is a multi-family home for sale in Morro Bay, CA 93442. This property was listed for sale on August 24, 2024 by Country Real Estate, Inc., it's currently listed at $1,599,000. This listing's school district is San Luis Coastal Unified School District. Nearby schools include Del Mar Elementary School, Los Osos Middle School and Morro Bay High School. 1188-1196 Market Avenue is a 8-bed, 5-bath, 3,431 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Country Real Estate, Inc., Kandie Frederick, DRE #01358589

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.