201 Main St Morro Bay, CA 93442
Estimated payment $20,979/month
Highlights
- Property Fronts a Bay or Harbor
- Fishing
- Laundry Room
- Del Mar Elementary School Rated A-
- 0.55 Acre Lot
- 3-minute walk to Bayshore Bluffs Park
About This Home
Unique water front property. 201 & 203 Main St. and the leasehold interest in Bay Front Marina in Morro Bay are available providing multiple income streams while also allowing the opportunity to own a residence on the waterfront. The property consists of 3 residences, 2 private offices, and +/- 28 boat slips. There is a large demand for boat slips in Morro Bay with virtually zero vacancy in the last 11 years.
Listing Agent
McCarty Davis, Inc. Brokerage Phone: 805-704-5727 License #01843738 Listed on: 04/06/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 23,995 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Two or More Common Walls
- Level Lot
- Land Lease of $58,986
Parking
- 1 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 4,457 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Assessor Parcel Number 066251025
Community Details
Overview
- 3 Buildings
- 5 Units
- Harbor Tract Subdivision
Recreation
- Fishing
- Water Sports
Building Details
- Electric Expense $15,145
- Insurance Expense $19,696
- Maintenance Expense $25,908
- Trash Expense $3,417
- Water Sewer Expense $4,928
- New Taxes Expense $39,050
- Operating Expense $166,566
- Gross Income $385,800
- Net Operating Income $219,233
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $24,318 | $2,244,454 | $1,804,053 | $440,401 |
| 2024 | $23,879 | $2,200,446 | $1,768,680 | $431,766 |
| 2023 | $23,879 | $2,157,300 | $1,734,000 | $423,300 |
| 2022 | $18,337 | $1,732,730 | $1,617,218 | $115,512 |
| 2021 | $18,045 | $1,698,756 | $1,585,508 | $113,248 |
| 2020 | $17,860 | $1,681,338 | $1,569,251 | $112,087 |
| 2019 | $17,675 | $1,648,372 | $1,538,482 | $109,890 |
| 2018 | $17,328 | $1,616,052 | $1,508,316 | $107,736 |
| 2017 | $16,988 | $1,584,366 | $1,478,742 | $105,624 |
| 2016 | $16,655 | $1,553,301 | $1,449,748 | $103,553 |
| 2015 | $7,751 | $723,045 | $602,541 | $120,504 |
| 2014 | $7,117 | $708,883 | $590,739 | $118,144 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $3,550,000 | +10.9% | $796 / Sq Ft | |
| 06/24/2022 06/24/22 | Sold | $3,200,000 | -14.7% | $718 / Sq Ft | View Prior Sale |
| 06/21/2022 06/21/22 | Price Changed | $3,750,000 | 0.0% | $841 / Sq Ft | |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- | |
| 02/23/2022 02/23/22 | Price Changed | $3,750,000 | -3.8% | $841 / Sq Ft | |
| 01/17/2022 01/17/22 | For Sale | $3,900,000 | -- | $875 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,200,000 | New Title Company Name | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $1,920,000 | Fidelity National Title Co | |
| Grant Deed | $649,000 | Chicago Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $950,000 | Commercial | |
| Previous Owner | $322,700 | No Value Available | |
| Closed | $0 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC26073592
APN: 066-251-025
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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
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Ask me questions while you tour the home.