front view from main st.
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1187 Main, Morro Bay, CA 93442

$1.65M0ba · 2,975 sqft
Lot 6,970 sqft•Triplex•
Active
•212d on market•MLS# NS-26053910

Property 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.

Features & Amenities

FeeBuilt 2006

Property Details

Land Type
Fee
Year Built
2006
Property Type
Residential Income
Property Subtype
Triplex
Parking Spaces
6
Garage Spaces
2
Heating
Ductless, Central
View
Ocean
City
Morro Bay
Zip Code
93442
County
San Luis Obispo
Listed byProperty Pros, Lisa Sokolowski

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,338.24
Principal & Interest
Loan Amount
$1,319,200
Total Interest
$1,682,567
Total Payment Over 30 Years
$3,001,767
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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