$1,629,000
FOR SALEActive1160 West
Morro Bay CA 93442
3,094
SF
Multi-Family
Type
1945
Built
$527/SF
Cost/SF
Listing Agent
Tania Waldron
DRE #: 01389410
Brokerage: Franklin Real Estate & Rentals
Location Analysis
About This Property
Check out this real estate investment opportunity located in the Embarcadero neighborhood of Morro Bay, CA ! Centrally located near 3 stacks and a rock, a 1945 built triplex. 1163 Scott A is upstairs with 3 BR, 1 full bath and indoor laundry, views of Morro Rock and the Harbor rented @ $2535/mo., 1163 Scott B is downstairs, large 1BR, 1Bath plus office and indoor laundry rented @ $1744/mo., and 1160 West downstairs Commercial unit rented @ $2300/mo. There is a detached 1 car garage and 4 off street parking spaces. Per the San Luis Obispo County Tax Assessor record the total square footage of the building is 3,094. The lot size is 40.9 ft x 112 ft street to street. Fully occupied with long-term tenants and professionally managed. Second home opportunity to use the upstairs unit in between vacation renters and collect rents from the other 2 units.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.1028 acres
Lot Size
3
Total Units
3,094 SF
Square Footage
$526.50/SF
Price per SF
$55K
NOI
1,945
Year Built
2
Stories
4
Parking Total
1.29
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
$55,193
NOI
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Recent commercial sales in Morro Bay
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Sold $850,000SOLD1,785 SF•Mixed Use845 Napa AvenueSold Jul 2026Central Coast Sotheby's International Realty | DRE #01996202Buyer's agent: George Sabo, BHGRE HAVEN PROPERTIES | DRE #01213713
Sold $415,000SOLD1,409 SF•Mixed Use781 HarborSold Jul 2026ENCORE REAL ESTATE | DRE #02155886Buyer's agent: Melissa Banuelos, RE/MAX Parkside Real Estate | DRE #02008408
- Sold $595,000SOLD1,200 SF•Industrial1140 Allesandro StreetSold Feb 2026BHGRE HAVEN PROPERTIES | DRE #01229478Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #00658596
Sold $1,152,000SOLD7,393 SF•Mixed Use•5 units660 Morro Bay BlvdSold Nov 2025Coast Realty | DRE #01231010Buyer's agent: Corban Holland, Pacifica Commercial Realty | DRE #01836854
Sold $225,000SOLDLand2884 Alder AvenueSold Nov 2025Christie's International Real Estate Sereno | DRE #01868098Buyer's agent: Kirk Najarian, West Coast Properties | DRE #01188188
Closed commercial sales reported, newest first.
CRMLS
MLS# SC26195051
Listed:
Nalren refreshed:
Last updated
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Listed by: Franklin Real Estate & Rentals
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.