1187 Main Morro Bay, CA $ 1,669,000
1187 Main
$ 1,669,000
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1187 Main

Morro Bay, CA, 93442
$ 1,669,000
Bedrooms4 Baths3.1 Sq 2,975

Monthly Estimate*

$ 10,276

Listed by Property Pros
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Multi-Family Home for sale in Morro Bay, CA

for $1,669,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,975 square foot home was built in 2006 on a lot size of 0.16.

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.

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Multi-Family Active

Price

$ 1,669,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

2006

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

NS26056201

Days on Market

23

Features
General
Living Area 2975
Sewer Public Sewer
Heating Central Ductless
Cooling None
Appliances Convection Oven Dishwasher Gas Range
HOA Fee 0
Garage Spaces 2
Pool Features None
Exclusions Cabinets in Garage and reverse osmosis
Year Built 2006
View Ocean
Stories Count 2
Levels Two
Property Subtype Triplex
Community Features Fishing Hiking
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Contingency 1031 exchange
Subdivision Name other
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions from hwy 41 head South on Main st towards downtown
High School Morro Bay
City Morro Bay
Entry Location 1
Senior Community Y/N false
High School District Other
Open Parking Spaces 4
Number Of Units Total 3
MLS Area MRBY - Morro Bay
Lot Size Units Square Feet
Lot Size Square Feet 6970
Listing Terms Cash to New Loan 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Triplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 63
Property Sub Type Additional Triplex
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Interior
Interior Amenities Balcony Open Floorplan
Fireplace Features Gas Living Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Laundry Closet In Garage
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 4
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 6
Inclusions all appliances
Lot Size Area 6970
Lot Size Acres 0.16
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Property Pros

Broker

professionalpm1@gmail.com

Email

Affordability Calculator

$10,276
Per Month
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Monthly Principal & Interest
$10,276
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Morro Bay High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$1,669,000 Listed Price

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1187 Main, Morro Bay, CA, 93442 is a Multi-Family Home for sale at $1,669,000 with 2,975 sqft and a lot size of 0.16. 1187 Main has 4 bedrooms, 3.1 baths, and was built in 2006. The property's zip code is 93442 which is in Morro Bay, CA