399 S Ocean Avenue, Cayucos, CA 93430

$3,400,000
8,000
SqFt
List Price
$3,400,000
Status
ACTIVE
MLS#
SC18297472
Living Sq. Ft
8,000
Days on Market
22
Property Type
Commercial
Property Sub Type
Hotel/Motel

Property Description

Excellent and RARE opportunity to own a thriving hotel in popular vacation destination location of Cayucos, CA. Cayucos is on California's Central Coast and is equidistant between LA and SF and offers visitors many wonderful vacation activities: surfing, stand up paddling, kayaking, hiking, biking, paragliding, wine tasting, hot springing, sea glass hunting, shopping and hosts cool car shows, antiques shows, a sea glass festival, a HUGE 4th of July of 50,000 people AND a Polar Bear Dip on January 1st that attracts about 5,000 people from all over. The weather is mild and Mediterranean, and visitors mainly come from the San Joaquin Valley, SF Bay Area, and Los Angeles. This 19 room boutique hotel/motel includes a 2 bed 1 bath updated living quarters for management, 8000+/- living sf of entire property on .49 acres of land. 15 of the 19 units have been updated within past 3 years with new flooring, windows, doors, and electronic/magnetic keys. 2 rooms have jacuzzi tubs. This is an opportunity you do not want to pass by. Set up a viewing today!

Additional Information

Water
Public
Total Number of Units
19

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Joel Pace from Big Block Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.