380 Cerrito, Morro Bay, CA 93442

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,895,000
Status
COMING SOON
MLS#
SC26226095
Year Built
1972
Lot Size
8,700
Acres
0.20
Lot Location
2-5 Units/Acre, Corner Lot, Sloped Down, Irregular Lot, Yard
Days on Market
2
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
North Morro Bay (820)

Property Description

Amazing Bay Views from this Rare Coastal Opportunity in Desirable Morro Heights. Discover a unique opportunity in the highly desirable Morro Heights neighborhood of Morro Bay. Situated on a spacious corner lot, this distinctive property features three separate living units, offering exceptional versatility for multigenerational living, extended family, guest accommodations or potential rental income. Enjoy beautiful views of the ocean, harbor, bay and iconic Morro Rock from each unit of this special coastal setting. The main residence, facing Cerrito Place, offers 3 BR, 2 BA, an inviting sunroom just off the living room, and a private deck off the primary bedroom. A large yard, new carpeting, fresh interior paint, and a two-car garage add to the home's appeal and functionality. Located above the second garage and facing Olive Street, the upper unit features 2 BR, 2 BA, with one dedicated garage and a private patio in the back outdoor space. The downstairs studio, also facing Olive Street, offers additional flexibility for guests, extended family or potential rental use. It features a patio off the living area to enjoy the coastal views and surroundings, plus a dedicated one car garage. A separate laundry room and utility room serves all three units, while additional storage provides convenient space for each residence. The corner lot setting offers room for each unit to enjoy its own outdoor area and a greater sense of privacy. Ideally located near the Morro Bay Golf Course, the Bay and Tidelands Park, this property combines a desirable coastal location with a rare multi-family layout. Whether you're seeking a property with room for extended family, a flexible living arrangement, or income-producing potential, this Morro Heights offering presents a rare opportunity to make the most of the Morro Bay lifestyle.

Additional Information

Other Buildings
Second Garage, Shed(s)
Appliances
Dishwasher, Electric Range, Gas Range, Refrigerator, Dryer, Washer
Pool Description
None
Fireplace Description
Free Standing, Gas
Heat
Forced Air, Wall Furnace
View
Bay, Harbor, Ocean
Exterior Construction
Stucco, Wood Siding
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Built-in Features, Balcony, Galley Kitchen, Main Level Primary, Utility Room
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$35,040
Operating Expense
9120

Listing courtesy of Listing Agent: Phyllis Cameron (pcameron.re@gmail.com) from Listing Office: Coastal Real Estate.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.