Excellent Investment Opportunity from this ocean view property in Morro Heights! Two separate Spanish style homes each offering great income potential. The larger home which has two bedrooms, one bath, enclosed sun room, and a large backyard has a rental history of $2,300 per month. The smaller home that sits at the top of the driveway has one bedroom and one bath, a garage, a small yard area with a shed, and has a rental history of $1,550 per month. Both homes have hardwood floors, double-paned windows, tankless water heaters, and the larger home has a dishwasher and a free standing gas furnace. There is a separate address and gas, water, electrical meters for each home, and a new electrical panel. This is a great business opportunity for those looking to invest in a property with expanding future potential or someone who is looking for a starter property with active income.
Sold for $950,000
Listed by: Central Coast Property Sales • Kelly Vandenheuvel • Contact: 805-471-1046
Bought with: RE/MAX Parkside Real Estate
$950,000
540-542 Kern Ave, Morro Bay, CA 93442
3beds
1,438sqft
Single Family Residence
Built in 1935
5,000 Square Feet Lot
$950,100 Zestimate®
$661/sqft
$3,329 Estimated rent
Home value
$950,100
$884,000 - $1.02M
$3,329/mo
Zestimate® history
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List your homeWhat's special
Ocean view propertySpanish style homesEnclosed sun roomLarge backyardOne bathTwo bedroomsHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Kelly Vandenheuvel DRE #01472453 805-471-1046,
Central Coast Property Sales
Bought with:
Vicki Silva, DRE #00463813
RE/MAX Parkside Real Estate
Source: CRMLS,MLS#: SC26096690
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Living Room, Sunroom
Cooling
- None
Appliances
- Included: Dishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer
- Laundry: Inside, Stacked
Features
- Flooring: Wood
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,438 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, On Street
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 5,000 Square Feet
- Features: Back Yard, Yard
Details
- Additional structures: Shed(s)
- Parcel number: 066162014
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Dog Park, Fishing, Golf, Hiking, Park, Street Lights, Water Sports
- Subdivision: Morro Heights (810)
Location
- Region: Morro Bay
Financial & listing details
- Price per square foot: $661/sqft
- Date on market: 5/8/2026
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Sold | $950,000-1%$661/sqft |
Source:  CRMLS #SC26096690 Report a problem | ||
| 7/27/2026 | Pending sale | $960,000$668/sqft |
Source: CRMLS #SC26096690 Report a problem | ||
| 6/26/2026 | Contingent | $960,000$668/sqft |
Source: CRMLS #SC26096690 Report a problem | ||
| 6/8/2026 | Listed for sale | $960,000$668/sqft |
Source: CRMLS #SC26096690 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 93442
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Nearby schools
GreatSchools rating
- 6/10Del Mar Elementary SchoolGrades: K-5Distance: 2.5 mi
- 8/10Los Osos Middle SchoolGrades: 6-8Distance: 2.9 mi
- 8/10Morro Bay High SchoolGrades: 9-12Distance: 1.7 mi
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$950,100
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$969,102
- California
- San Luis Obispo County
- Morro Bay
- 93442
- 540-542 Kern Ave
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