1187 Main, Morro Bay, CA 93442
other · San Luis Obispo County
Key Facts
Description
Perfect location, live at the beach with rental property attached Exceptional mixed-use property 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. Additional 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 Information
Property Type
Residential
Sub-Type
Triplex
Structure Type
Triplex
Year Built
2006
Stories
2
Living Area
2,975 sq ft
Lot Size
0.16 acres
Garage Spaces
2
Parking Spaces
6
Days on Market
67
MLS® Listing#
NS26056201
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Fireplace
Pool
Parking
Laundry
Community
Sewer
Water Source
Rooms
- Kitchen
- Living Room
Schools
- High:
- Morro Bay
Financial Details
HOA
None
Parcel Number
066024022
Directions
from hwy 41 head South on Main st towards downtown
Affordability Calculator
$329,800
Estimated monthly payment
$8,777/mo
Principal $1,319,200 · Est. interest $1,840,401 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Morro Bay, CA
- $935,955
- Median Listing Price
- 67
- Median Days on Market
- 2,430
- Median Sq Ft
- $421
- Median Price / Sq Ft
- 467
- Active Listings
- This home’s price is 76% above the area median.
- Its price per sq ft is 32% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Morro Bay, CA.
Location
Getting Around
Points of Interest in Morro Bay, CA
Showing the Morro Bay area map.
Nearby Schools
Family Partnership Charter School
School · 0.1 mi away
Morro Bay High School
Secondary · 0.9 mi away
Del Mar Elementary
Elementary · 1.8 mi away
Bay Osos Montessori
Elementary · 2.9 mi away
Baywood Elementary
Elementary · 3.1 mi away
Los Osos Middle School
Elementary · 3.5 mi away
Monarch Grove Elementary
Elementary · 3.9 mi away
Wishing Well School
Elementary · 4.3 mi away
Cayucos Elementary School
Elementary · 6.4 mi away
Loma Vista Community School
School · 6.7 mi away
Cuesta College Eops & Care
School · 6.8 mi away
Grizzly Challenge Charter
Secondary · 7.4 mi away
Juvenile Hall
School · 8.1 mi away
Christ Classical School
Elementary · 9.9 mi away
San Luis Coastal Unified School District
Elementary · 10.6 mi away
Pacheco Elementary
Elementary · 11.1 mi away
Central Coast International School
School · 11.1 mi away
Laguna Middle School
Secondary · 11.3 mi away
San Luis Obispo High School
Secondary · 11.3 mi away
Church of Jesus Christ of Latter Day Saints
School · 11.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4330 Cavitt Stallman Road, Granite Bay, CA | $1,175,000 | 4 | — | — |
| 6901 Fallsbrook Court, Granite Bay, CA | $1,175,000 | 4 | 3 | 2,741 |
| 2670 Koa Avenue, Morro Bay, CA | $1,185,000 | 3 | 4 | 2,064 |
| 4813 South Pt, Discovery Bay, CA | $1,198,000 | 4 | 3 | 2,871 |
| 4813 South Pt, Discovery Bay, CA | $1,198,000 | 4 | 3 | 2,871 |
| 5510 Lanai Ct, Discovery Bay, CA | $1,199,000 | 5 | 3 | 3,016 |
Moving Cost Estimate
EXIT Agents in Morro Bay
Listing Courtesy: Property Pros - 805-975-7631
Presented by: Lisa Sokolowski
Licensed in the state of California.