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.