2260 Malvern ST Cambria, CA 93428
2 Beds
2 Baths
1,318 SqFt
Open House
Fri Aug 22, 1:30pm - 4:30pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,318 sqft
Price per Sqft $530
Subdivision Lodge Hill(430)
MLS Listing ID SC25167916
Bedrooms 2
Half Baths 1
Three Quarter Bath 1
Construction Status Fixer
HOA Y/N No
Year Built 1954
Lot Size 0.340 Acres
Property Sub-Type Single Family Residence
Property Description
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.
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 an estimated $100,000 in additional improvements, a buyer could complete the project and unlock significant value — though actual costs and returns will vary.
Comparable finished homes in this neighborhood trade at higher price points, giving experienced buyers the opportunity to capture strong equity. 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
Other Rooms Shed(s)
Main Level Bedrooms 2
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Living Room Deck Attached, Recessed Lighting, Unfinished Walls
Heating Wall Furnace
Cooling None
Flooring Concrete, Laminate, See Remarks, Tile
Fireplaces Type Gas, Living Room
Inclusions Refrigerator, Stove, Washer, Dryer
Fireplace Yes
Appliance Dishwasher, Gas Range, Ice Maker, Refrigerator, Self Cleaning Oven, Water To Refrigerator, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Parking Features Driveway Down Slope From Street, Driveway, Gravel
Fence Needs Repair, Wood, Wire
Pool None
Community Features Biking, Dog Park, Fishing, Hiking, Park, Preserve/Public Land
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Hills, Neighborhood
Roof Type Composition,Shingle
Accessibility None
Porch Deck, Open, Patio
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Faces West
Story 1
Entry Level One
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories One
Additional Building Shed(s)
New Construction No
Construction Status Fixer
Schools
School District Coast Unified
Others
Senior Community No
Tax ID 023383063
Acceptable Financing Cash to New Loan, Submit
Listing Terms Cash to New Loan, Submit
Special Listing Condition Standard
