768 El Morro

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 upon 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.