This charming Spanish-style home at 846 Marina Street in Morro Bay offers a unique blend of character, potential, and coastal living. Located in the highly sought-after Morro Heights neighborhood, this property is positioned on a corner lot with potential for stunning rock and ocean views. The main house welcomes you with a spacious, open living room featuring high ceilings, original hardwood floors, and French doors leading to the backyard. The galley kitchen, adjacent to the living room, is complemented by a cozy dining area and built-in cabinets. The primary suite includes a "newer" three-quarter bath and a private door to the backyard. In addition to the primary bedroom, there is another bedroom, a full bathroom, and a bonus room that can serve as an office or additional bedroom. This property also includes a permitted studio apartment above the garage, featuring its own entrance, kitchen, and three-quarter bath—ideal for guests or as a potential rental income opportunity. Additionally, there is a garage conversion with a bath, though the permit status is unknown. You will enjoy the convenient location of this property sitting just blocks to the local theatre, city park, shops and restaurants with the Embarcadero and Morro Rock just a short drive away. Call your favorite Realtor today to take a look at all the potential this property has to offer! Professional photography coming soon!