Listed by Leslie Dougherty of Central Coast Sotheby’s International Realty (805-423-2279)

Listing Sold by NONMEMBER MRML
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. Much of the heavy lifting has already been completed, including new copper plumbing, updated electrical, structural bracing, insulation, drywall, subfloor work, and a bathroom with improvements already underway. 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.

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Property Details of 2260 Malvern Street

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Based on information submitted to CRMLS as of June 14, 2026 8:56 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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