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380 Cerrito, Morro Bay
$1,895,000
SC26226095 MLS ⋅ Coming Soon Status
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.

380 Cerrito, Morro Bay
1160 West, Morro Bay
$1,629,000
SC26164200 MLS ⋅ Active Status
Check out this real estate investment opportunity located in the Embarcadero neighborhood of Morro Bay, CA ! Centrally located near 3 stacks and a rock, a 1945 built triplex. 1163 Scott A is upstairs with 3 BR, 1 full bath and indoor laundry, views of Morro Rock and the Harbor rented @ $2535/mo., 1163 Scott B is downstairs, large 1BR, 1Bath plus office and indoor laundry rented @ $1744/mo., and 1160 West downstairs Commercial unit rented @ $2300/mo. There is a detached 1 car garage and 4 off street parking spaces. Per the San Luis Obispo County Tax Assessor record the total square footage of the building is 3,094. The lot size is 40.9 ft x 112 ft street to street. Fully occupied with long-term tenants and professionally managed. Second home opportunity to use the upstairs unit in between vacation renters and collect rents from the other 2 units.

1160 West, Morro Bay
1187 Main, Morro Bay
$1,649,000
4 Beds ⋅ 4 Baths ⋅ NS26056201 MLS ⋅ Active Status
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.

1187 Main, Morro Bay
1187 Main, Morro Bay
$1,649,000
NS26053910 MLS ⋅ Active Status
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.

1187 Main, Morro Bay

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.

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