Active

1187 Main

Morro Bay, CA 93442

$1,649,000 $6,952/Mo

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Overview

Bed

Bath

2,975

Sqft

6,970

Sqft(Lot)

Description

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.

Property Details

Property Type : Residential Income

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

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: Balcony,Open Floorplan Property Appliances: Convection Oven,Dishwasher,Gas Range Fireplace: Gas,Living Room
Cooling Features

None Air Conditioning

Heating Source

Central,Ductless Has Heating

Fireplace

Fireplace Features: Gas,Living Room Has Fireplace: 1

Building Information

Year Built: 2006 Building Area Total: 2,975
Pool Features

None

Laundry Features

Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet,In Garage

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.16
Lot Size Source: Assessor Lot Size Square Feet: 6970

Listing Price Information

Original List Price: 1,649,000 Listing Contract Date: 2026-03-01
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 066024022

Rental Info

Lease Term: Negotiable Tenant Pays: Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: MRBY - Morro Bay Directions: from hwy 41 head South on Main st towards downtown Source Property Type: Residential Income Area: MRBY - Morro Bay Property SubType: Triplex
Building and Construction

Property Age: 20 Common Walls: No Common Walls Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2

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ByOwner last updated this listing 06/09/2026 @ 05:59

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