Great investment opportunity in the heights of Morro Bay! This Spanish-style five-unit apartment complex offers incredible potential, featuring one 2-bedroom unit, one studio, and three 1-bedroom apartments. Original hardwood flooring runs through all living rooms, and apartments 1 and 2 offer views of Morro Rock. The front lot, which includes the building, is 13,733 sq. ft., while the rear lot adds an additional 5,000 sq. ft. Combined, the two total approximately 18,733 sq. ft. (0.43 acres), offering a rare opportunity in this highly desirable location. Conveniently located near downtown Morro Bay, with easy access to the highway, and close to Black Hill and the golf course. Whether you’re seeking an income-producing property or a unique renovation project, this is a rare find! Buyer to verify all information and conduct their own due diligence regarding lot size, zoning, and development potential. Agents please see private remarks.
|
DAYS ON MARKET
|
3
|
LAST UPDATED
|
4/17/2025
|
|
TRACT
|
Morro Heights (810)
|
YEAR BUILT
|
1930
|
|
COMMUNITY
|
Morro Bay
|
COUNTY
|
San Luis Obispo
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
None |
| APPLIANCES |
Electric Oven |
| AREA |
Morro Bay |
| FIREPLACE |
Yes |
| GARAGE |
Gravel |
| HOA DUES |
0 |
| INTERIOR |
Beamed Ceilings |
| LOT |
0.43 acre(s) |
| LOT DESCRIPTION |
0-1 Unit/Acre, Corner Lot |
| PARKING |
Gravel |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
Morro Heights (810) |
| UTILITIES |
Sewer Connected,Water Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Ocean,Water |
| WATER |
Public |
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Listed with BHGRE HAVEN PROPERTIES
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. as of 4/19/25 1:26 PM PDT 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
This IDX solution is (c) Diverse Solutions 2025.
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