540 542 Kern Avenue
Morro Bay, CA 93442
3
Bed
2
Bath
1,438Sqft
5,000Sqft(Lot)
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 expandi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 2 Full Baths: 2Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Windows: Double Pane Windows Property Appliances: Dishwasher,Gas Range,Microwave,Refrigerator,Tankless Water Heater,Dryer,Washer Fireplace: None Flooring: Wood -
Cooling Features
None Air ConditioningFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1935 -
Pool Features
NoneLaundry Features
Inside,Stacked
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1148 -
Lot Size Source: Assessor Lot Size Square Feet: 5000
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Listing Price Information
Original List Price: 960,000 Listing Contract Date: 2026-05-07 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 066162014
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Garage and Parking
Garage Description: Driveway,On Street Attached Garage: YesHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: MRBY - Morro Bay Directions: From Morro Bay Blvd, go South onto Kern Ave, 540 Kern is the front house, 542 Kern is the back house Source Property Type: Residential Area: MRBY - Morro Bay Property SubType: Single Family Residence -
Building and Construction
Property Age: 91 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 1438 Entry Level: 1 Entry Location: Front Door Levels or Stories: One Building Total Stories: 1 Structure Type: House
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1800 Atascadero Road, Morro Bay, CA, 93442 | $15,500,000 | 4 | 3 | 3,724 | 3,724 SqFt |
| 509 Quinn, Morro Bay, CA, 93442 | $820,000 | 3 | 2 | 1,496 | 1,496 SqFt |
| 960 Las Tunas, Morro Bay, CA, 93442 | $930,000 | 3 | 2 | 1,406 | 1,406 SqFt |
| 941 Marina, Morro Bay, CA, 93442 | $924,500 | 3 | 2 | 1,243 | 1,243 SqFt |
| 2560 Juniper, Morro Bay, CA, 93442 | $1,599,000 | 4 | 3 | 2,648 | 2,648 SqFt |
| 500 Atascadero Rd Spc F1, Morro Bay, CA, 93442 | $399,900 | 3 | 2 | 1,500 | 1,500 SqFt |
| 460 Jamaica, Morro Bay, CA, 93442 | $764,000 | 2 | 1 | 748 | 748 SqFt |
| 500 Atascadero #M3, Morro Bay, CA, 93442 | $345,000 | 3 | 2 | 1,520 | 1,520 SqFt |
| 500 Atascadero Rd Spc C5, Morro Bay, CA, 93442 | $369,000 | 3 | 2 | 1,120 | 1,120 SqFt |
| 455 Orcas, Morro Bay, CA, 93442 | $989,000 | 3 | 2 | 912 | 912 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 14:09
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