2670 Studio Drive, Cayucos, California 93430, Cayucos, 93430 - 3 bed, 2 bath
2670 Studio Drive
Cayucos, California 93430
Property Price
SUMMARY
Analysis of 2670 Studio Drive, Cayucos, California 93430 is currently available with a list price of $3,650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cayucos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Originally built in 1948, this duplex is well-maintained as a functional vacation rental but features dated interiors. The kitchens and bathrooms utilize older tile countertops, basic white appliances, and cabinetry styles consistent with a renovation from 20-30 years ago. While move-in ready and clean, the property lacks modern updates and shows typical age-related aesthetic depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Oceanfront Location
Situated on the highly desirable Studio Drive, this property offers direct beach access and breathtaking panoramic ocean and coastline views, ensuring high demand and long-term value.
- Turnkey Income Potential
As a fully licensed vacation rental duplex, the property provides immediate revenue potential with the versatility to live in one unit while renting the other or managing both as income-producing assets.
- Substantial Lot Size
The 7,338 square foot lot is exceptionally large for an oceanfront parcel in Cayucos, providing rare outdoor space and significant potential for future expansion or luxury redevelopment.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally constructed in 1948, the property may require significant ongoing maintenance or modernization to address the wear and tear typical of a nearly 80-year-old coastal home.
- Uneven Unit Utility
While the oceanfront unit is premium, the street-side unit features a compact kitchen and limited views, which may result in lower rental yields and less privacy for occupants compared to the primary unit.
About 2670 Studio Drive
Licensed Vacation Rental – Oceanfront Duplex on Studio Drive, Cayucos. Exceptional opportunity to own a fully licensed vacation rental on highly desirable Studio Drive in Cayucos. This oceanfront duplex offers direct beach access and versatile living options with two separate units—perfect to live in one and rent the other, or use both as income-producing vacation rentals. Unit A (ocean side) features 2 bedrooms, 2 bathrooms, a full kitchen, and a private oceanview patio. Both bedrooms include queen beds, with a futon in the living area for additional guests. Unit B (street side) offers 1 bedroom, 1 bathroom, a cozy living room with futon, and a compact kitchen with a dining area for three. Each unit can be rented individually or together, making this property ideal for multi-generational living, guest privacy, or maximizing rental income.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1948
- Lot Size
- 7,338 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,830 | 1,612 | 50% |
| Lot Size | 7,338 | 4,976 | 50% |
| Price | $3.65M | $2.42M | 50% |
| Price per sq ft | $2.0K | $1.4K | 50% |
| Built year | 1948 | 1956 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 229 | 255 | 50% |
Pricing History
Listed for Sale
Feb 26, 2026
$3,650,000
Initial Listing
Price Change
Jul 21, 2025
$3,995,000
Initial Listing