Under Contract

768 El Morro

Los Osos, CA 93402

$989,000 $4,169/Mo

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Overview

Bed

Bath

1,920

Sqft

3,125

Sqft(Lot)

Description

Coastal Property with Dual Living Spaces | Mixed-Use Zoning | Baywood Location Located approximately two blocks from the Pacific Ocean in the heart of Baywood, this flexible coastal property offers dual living spaces and mixed-use zoning in a highly desirable Los Osos neighborhood. The property is currently configured as: • Upper level: 2-bedroom, 1-bath residence • Lower level: 1-bedroom, 1-bath unit currently utilized as a short-term rental This configuration allows for potential income generation or owner occupancy with rental flexibility. The layout easily converts into a single larger residence. Mixed-use zoning provides additional flexibility for future use, subject to local regulations. The property has an established rental history. Detailed financial information available up on request. Outdoor living features include a thoughtfully designed backyard space with a gas fire pit, outdoor soaking tub, and areas for relaxation and entertaining. From the upper front bedroom, there is a peek of the ocean. The location offers convenient access to the bay, local wine tasting rooms, weekly farmers market, coffee shops, dining, and other Baywood amenities. The community has experienced ongoing revitalization while maintaining its coastal character. This property presents a versatile opportunity in a sought-after Central Coast location.

Property Details

Property Type : Residential Income

Price : $989,000

AD Id : 75525558

MLS Id : SC26028890

Beds : 3

Lot Size : 3,125 Sqft

Living Area Size : 1,920

Year Built : 1988

County : San Luis Obispo

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Heating Source

Forced Air Has Heating

Building Information

Year Built: 1988 Building Area Total: 1,920
Pool Features

None

Laundry Features

Electric Dryer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0717
Lot Size Source: Assessor Lot Size Square Feet: 3125

Listing Price Information

Original List Price: 989,000 Listing Contract Date: 2026-02-03
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 038192032

Garage and Parking

Garage Description: Asphalt

Homeowners Association

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: OSOS - Los Osos Directions: corner of 4th street and El Moro Source Property Type: Residential Income Area: OSOS - Los Osos Property SubType: Duplex
Building and Construction

Property Age: 38 Common Walls: 1 Common Wall Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: first floor Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
768 El Morro, Los Osos, CA, 93402	$989,000	3	2	1,920	1,920 SqFt
1247 3rd, Los Osos, CA, 93402	$882,000	3	3	1,458	1,458 SqFt
701 Los Osos Valley, Los Osos, CA, 93402	$1,469,500	7	4	2,985	2,985 SqFt

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ByOwner last updated this listing 06/05/2026 @ 20:48

MLS: SC26028890 LISTED BY: Jarrod Westerlund, LPT Realty, Inc 877-366-2213 SOURCE: CRMLS