Millman Team Real Estate

$1,699,000
0.16 Acre Lot

1187 Main, Morro Bay, California 93442

  • Residential Income Property Type
  • 2006 Year Built
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.

Basic Details
Residential Income
For Sale
NS26053910
$1,699,000
Ocean
2006
0.16 Acre
Active
Triplex
Features
: None
: Central, Ductless
: None
: Living Room, Gas
: Open Floorplan, Balcony
: In Garage, Gas Dryer Hookup, Laundry Closet, Electric Dryer Hookup
: Public Sewer
$0
Appliances
: Dishwasher, Gas Range, Convection Oven
Address Map
CA
San Luis Obispo
Morro Bay
other
93442
Main
1187
W121° 8' 58.8''
N35° 22' 13.5''
from hwy 41 head South on Main st towards downtown
MRBY - Morro Bay
Additional Information
$0
$0
$0
$0
$0
2975
: Fishing
1
2.0
: Two
: 2-5 Units/Acre
3
2026-03-14
2
2
: Public
Broker/Agent Information
Property Pros
Lisa Sokolowski
Listing Information
PRLISAJ
NSLJOHNSON
Cash to New Loan,1031 Exchange
Active
2026-03-15T13:12:59Z
CRMLS
: Standard
2026-03-14T07:46:18Z
Agent info
Ray Millman
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