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1187 Main , Morro Bay, CA 93442
$1,649,000
Est. Payment: $8,265.50/mo
4 Bed
4 Bath
2975 Sqft
Status: active | Days on site: 67
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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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Highlights

Listed by Lisa Sokolowski , 805-975-7631 Property Pros , 805-975-7631. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential
Lot/Acreage
0.16

Year Built

2006

County

San Luis Obispo

Area

MRBY - Morro Bay

 Neighborhood

other

 School District

Other

Listing ID

NS26056201

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Convection Oven, Dishwasher, Gas Range
Other:Balcony,Open Floorplan
Other:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:6
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$8,265
Taxes
$1,051

Home Price

$1,649,000

Loan Details

30 yrs
6.416%

Down Payment

20%
$329,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,265.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,265.50 $1,051.24 $0.00 $9,316.74
Yearly $99,185.99 $12,614.85 $0.00 $111,800.84
Total $2,975,579.69 $378,445.50 $0.00 $3,354,025.19
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Morro Bay, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-06-26T01:40:03.000Z

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