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Listed by Leslie Dougherty • Central Coast Sotheby's International Realty

$699,000

Est. payment - /mo

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2 Beds

1.5 Baths

1,318 SqFt

Active

2260 Malvern ST Cambria, CA 93428

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

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Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,318 sqft

Price per Sqft $530

MLS Listing ID CRSC25167916

Style Cottage

Bedrooms 2

Full Baths 1

Half Baths 1

Year Built 1954

Lot Size 0.340 Acres

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Equity Opportunity - Licensed Vacation Rental with Big Upside! A rare chance to own a double-parcel property in Cambria's restricted building market, this licensed vacation rental offers income potential and long-term upside. The oversized lot provides additional outdoor space, while the setting captures views of the Santa Lucia Hills and frequent visits from local wildlife. With great curb appeal, two detached sheds (one with a "tiny home" look), and a cottage-style presence, the property blends opportunity with authentic Cambria charm. Most of the heavy lifting is complete: new copper plumbing throughout, updated electrical, added insulation, new sheetrock, and behind-the-walls structural upgrades on the bedroom side. What remains are interior finishes and pest/dry rot repairs (approx. $17K), along with a roof quote (approx. $17K). With further investment in finishes, buyers can unlock significant equity - comparable homes in this neighborhood trade at substantially higher price points. Whether held as a vacation rental, finished for resale, or enjoyed as a long-term residence, the upside is undeniable. This is a fantastic opportunity for the buyer who understands renovations and is ready to capture the reward of finishing a property already well on its way.

Location

State CA

County San Luis Obispo

Area Camb - Cambria

Zoning RSF

Rooms

Dining Room In Kitchen

Kitchen Ice Maker, Dishwasher, Oven - Self Cleaning, Oven Range - Gas, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Other

Fireplaces Type Gas Burning, Living Room

Laundry Gas Hookup, In Laundry Room, 30, Other, Washer, Dryer

Exterior

Parking Features Other

Fence Other, Wood

Pool 31, None

View Hills, Local/Neighborhood

Roof Type Shingle,Composition

Building

Story One Story

Foundation Raised, Concrete Slab

Water Other, District - Public

Architectural Style Cottage

Others

Tax ID 023383063

Special Listing Condition Not Applicable

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321