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.
MLS #
CRNS26053910
MLS Source
California Regional MLS
Days on Site
3
Appliances
Dishwasher, Other, Oven Range - Gas
Cooling
None
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 2 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 3 |
1187 Main is a Triplex in Morro Bay, CA 93442. This – square foot property sits on a 6,970 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,699,000 and was built in 2006. This address can also be written as 1187 Main, Morro Bay, CA 93442.
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This listing information is up-to-date as of March 15, 2026. For the most current information, please contact Lisa Sokolowski, (805) 975-7631