1187 Main St Morro Bay, CA 93442
Estimated payment $10,067/month
Highlights
- Ocean View
- Fishing
- No HOA
- Del Mar Elementary School Rated A-
- Open Floorplan
- Hiking Trails
About This Home
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.
Listing Agent
Property Pros Brokerage Phone: 805-975-7631 License #01211718 Listed on: 03/20/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Lot Details
- 6,970 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,975 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Gas Fireplace
- Living Room with Fireplace
- Ocean Views
Kitchen
- Convection Oven
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Laundry
- Laundry in Garage
- Gas And Electric Dryer Hookup
Outdoor Features
- Balcony
Schools
- Morro Bay High School
Utilities
- Ductless Heating Or Cooling System
- Central Heating
Listing and Financial Details
- Legal Lot and Block 63 / 31
- Assessor Parcel Number 066024022
Community Details
Overview
- No Home Owners Association
- 3 Units
Recreation
- Fishing
- Hiking Trails
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,140 | $1,282,842 | $390,429 | $892,413 |
| 2024 | $13,648 | $1,257,689 | $382,774 | $874,915 |
| 2023 | $13,648 | $1,233,029 | $375,269 | $857,760 |
| 2022 | $12,793 | $1,208,853 | $367,911 | $840,942 |
| 2021 | $12,589 | $1,185,151 | $360,698 | $824,453 |
| 2020 | $12,460 | $1,173,000 | $357,000 | $816,000 |
| 2019 | $12,331 | $800,000 | $450,000 | $350,000 |
| 2018 | $8,578 | $800,000 | $450,000 | $350,000 |
| 2017 | $7,506 | $700,000 | $350,000 | $350,000 |
| 2016 | $7,345 | $685,000 | $340,000 | $345,000 |
| 2015 | $7,343 | $685,000 | $340,000 | $345,000 |
| 2014 | $6,877 | $685,000 | $340,000 | $345,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/26/2026 05/26/26 | Price Changed | $1,649,000 | 0.0% | $554 / Sq Ft | |
| 05/26/2026 05/26/26 | Price Changed | $1,649,000 | -1.2% | $554 / Sq Ft | |
| 03/20/2026 03/20/26 | For Sale | $1,669,000 | -1.8% | $561 / Sq Ft | |
| 03/14/2026 03/14/26 | For Sale | $1,699,000 | +47.7% | $571 / Sq Ft | |
| 11/15/2018 11/15/18 | Sold | $1,150,000 | 0.0% | $387 / Sq Ft | View Prior Sale |
| 10/03/2018 10/03/18 | Pending | -- | -- | -- | |
| 09/03/2018 09/03/18 | For Sale | $1,150,000 | -- | $387 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Grant Deed | $1,150,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $970,000 | Fidelity Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $776,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS26056201
APN: 066-024-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 1151 Main St
- 239 Surf St Unit D
- 233 Surf St Unit 6
- 1291 Main St
- 435 Dunes St
- 600 Morro Bay Blvd Unit 203
- 260 Pacific St
- 245 Driftwood St
- 901 Morro Bay Blvd Unit 4
- 490 Morro Ave Unit 5
- 731 Butte Ave
- 436 Morro Ave
- 960 Las Tunas St
- 500 Atascadero Rd
- 500 Atascadero Rd Unit M3
- 929 Marina St
- 941 Marina St
- 0 Atascadero Rd
- 490 Fresno Ave
- 489 Sunset Ct
- 1105 Morro Ave Unit 14
- 440 Atascadero Rd Unit 10
- 917 Anchor St
- 917 Anchor St Unit B
- 930 Anchor St
- 478 Rockview St
- 300 Kings Ave
- 2636 Ironwood Ave
- 2605 Nutmeg Ave Unit A
- 2670 Laurel Ave
- 2916 Alder Ave
- 1492 14th St
- 1642 14th St
- 1887 Pine Ave
- 225 Butte Dr Unit B
- 2148 Glenn St
- 1919 13th St
- 3413 Ocean Blvd
- 1181 Santa Ynez Ave Unit B
- 254 Los Padres Ct
Ask me questions while you tour the home.