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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,649,000

Est. payment - /mo

6,969 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID NS26053910

HOA Y/N No

Year Built 2006

Lot Size 6,969 Sqft

Property Sub-Type Triplex

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.

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Interior

Interior Features Balcony, Open Floorplan

Heating Central, Ductless

Cooling None

Fireplaces Type Gas, Living Room

Inclusions all appliances

Fireplace Yes

Appliance Convection Oven, Dishwasher, Gas Range

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Fishing

View Y/N Yes

View Ocean

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 066024022

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Lisa Sokolowski Property Pros 805-975-7631, DRE #01211718

NEARBY SCHOOL & BUSINESS

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1187 Main Morro Bay, CA 93442