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. 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.
Details
| MLS # | NS26053910 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 179 |
| Listing Provided By | Property Pros | Lisa Sokolowski |
Features
| SQ Feet | 2,975 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.16 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Central, Ductless |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Balcony, Open Floorplan |
| Appliances | Convection Oven, Dishwasher, Gas Range |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Fishing |
|---|
Area Information
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Morro Bay |
| Zip Code | 93442 |
| Area | MRBY Morro Bay |
| Community Name | other |
| Listing VS Median (in other) | |
Price: $1,649,000 low | high Med: $799,950 sqft: 2,975 low | high Med: 2,081 $ / sqft: $554 low | high Med: $384 On site: 179 low | high Med: 43 | |
Market Activity 93442
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Morro Bay |
| Zip Code | 93442 |
| Area | MRBY Morro Bay |
| Community Name | other |
| Listing VS Median (in other) | |
Price: $1,649,000 low | high Med: $799,950 sqft: 2,975 low | high Med: 2,081 $ / sqft: $554 low | high Med: $384 On site: 179 low | high Med: 43 | |
 | $1,649,0001187 MainMorro Bay, CA 93442 |