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1187 Main

Morro Bay, CA 93442
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Bed 4

Bed

Bath 4

Bath

SqFt2,975

Sqft

SqFt6,970

Sqft(Lot)

Prime income property with ocean views in Morro Bay Exceptional mixed-use investment opportunity in one of the most desirable locations in Morro Bay. Ideally situated within walking distance to both the vibrant Morro Bay Embarcadero and charming downtown shops and restaurants, this property offers strong income potential paired with incredible ocean views. The property features three separate units: Upstairs residential unit: Spacious 3-bedroom, 2-bathroom residence featuring a private balcony with stunning ocean and rock views. The living room and kitchen both capture the coastal scenery creating a bright and inviting living space. Commercial office space: Located downstairs, this securely rented office unit has been occupied by a long-term tenant, providing reliable income. Additio nal Residential Unit: Comfortable 1-bedroom, 1 bath unit offering flexibility for rental income, guest use or extended living. The property also included two 2-car garages, providing dedicated parking and storage for the residential units, an excellent amenity in this sought -after coastal area. Don't miss this rare opportunity to own this versatile income property in the heart of Morro Bay.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,649,000

AD Id : 76149169

MLS Id : NS26053910

Beds : 4

Lot Size : 6,970 Sqft

Living Area Size : 2,975

Year Built : 2006

Garage : 2

County : San Luis Obispo

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Feature Features

  • Interior Features

    Balcony, Open Floorplan
    Appliances: Convection Oven, Dishwasher, Gas Range
    Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Ductless Cooling: None

  • Building Information

    Year Built: 2006
    Building Area Total: 2975
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Ocean

  • Lot Information

    Main Square Feet: 6970 Lot Size Acres: 0.16 Lot Size Source: Assessor Lot Size Square Feet: 6,970 Lot Description: 2-5 Units/Acre

    Property Information

    Subdivision: other Source Property Type: Residential Income Property SubType: Triplex Levels: Two Property Age: 20

  • Listing Price Information

    Listing Price: $1649000
    Original Price: $1699000
    Cash to New Loan, 1031 Exchange

  • Tax Information

    Parcel Number: 066024022 Tax Lot: 63 Tax Block: 31

  • Parking Information

    Parking Total: 6

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: from hwy 41 head South on Main st towards downtown WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
375 Surf, Morro Bay, CA, 93442 $1,295,000 4 4 2,448 2,448 SqFt

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ByOwner last updated this listing 07/24/2026 @ 17:28

MLS: NS26053910 LISTED BY: Lisa Sokolowski, Property Pros 805-975-7631 SOURCE: CRMLS

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