REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

The Warburton Team Brokered By EXp

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

$2,995,000

Est. payment - /mo

6,298 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Morro Heights (810)

MLS Listing ID NS26203103

Construction Status Under Construction

HOA Y/N No

Year Built 2026

Lot Size 6,298 Sqft

Property Sub-Type Duplex

Property Description

CONSTRUCTION COMPLETE & FULLY OCCUPIED! PRICED BELOW APPRAISED VALUE! Rare opportunity to own a newly constructed four-unit coastal property just minutes from Main Street, downtown Morro Bay, and the waterfront. This turnkey property combines modern coastal living with excellent income-producing potential. Demonstrating strong rental demand, all four residences were fully leased within just seven days of being offered for rent.

The property features a two-story duplex with spacious 3BR/2.5BA residences of approximately 1,768 sq ft and 1,654 sq ft. Both offer open-concept kitchen, dining, and living areas, second-story balconies with partial coastal views, and attached two-car garages. Quality finishes include quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and contemporary kitchens with clean coastal styling.

Two detached 1BR/1BA ADUs, approximately 526 sq ft each, provide additional rental income. Both feature second-story balconies, with one enjoying partial ocean views from the bedroom and deck.

Each of the four residences is separately addressed and metered for electricity and water and includes owned solar and an individual fire sprinkler system reporting directly to the fire department. With all four units currently tenant occupied, this completed property offers immediate rental income and a unique opportunity to own a versatile, newly built investment property in one of the Central Coast's most desirable coastal communities.

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Interior

Interior Features Ceiling Fan(s), High Ceilings, Quartz Counters

Heating Electric

Cooling Electric, ENERGY STAR Qualified Equipment

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Laundry Laundry Closet, Laundry Room, Stacked

Exterior

Parking Features Garage Faces Front

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected

View Y/N Yes

View Ocean

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction Yes

Construction Status Under Construction

Others

Senior Community No

Tax ID 066186015

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Sheri D'Amico BHGRE Haven Properties 805-206-6328, DRE #01924542

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

457 Piney WAY Morro Bay, CA 93442