Charming Cottage in Morro Bay with Development Potential This cozy 2-bedroom, 1-bath single-level cottage offers 840 sq. ft. of living space, nestled on a rare R-4 zoned 6,743 sq. ft. lot. With a little imagination and some updates, this property can be transformed into your dream home or a valuable investment. This unique lot provides potential for adding an ADU or even multiple units-verify with the City of Morro Bay for possibilities. Located close to downtown, the Embarcadero, shopping, and just minutes from the waterfront, this home is full of opportunity. Don't miss out on this unique find-call today!