Listed by Lisa Sokolowski, Property Pros, (805) 975-7631
$1,649,000
Original price: $1,669,000
4 Beds
3.5 Baths
2,975 sqft
1187 Main St, Morro Bay, CA 93442
Est. Mortgage $10,341/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2006
$554/sqft
2 Car Garage
Local Information
- Map ViewExplore the area around 1187 Main St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Ocean viewsCommercial office spaceDedicated parking and storage
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.
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.
Home Details for 1187 Main St
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Interior Details Number of Rooms: 2Types of Rooms: Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2975 Square Feet |
Appliances & Utilities Appliances: Convection Oven, Dishwasher, Gas RangeDishwasherLaundry: Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet,In Garage |
Heating & Cooling Heating: Central,DuctlessNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Gas, Living RoomHas a Fireplace |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
View Has a ViewView: Ocean |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 4Has a GarageHas an Attached GarageParking Spaces: 6Parking: Garage Attached |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 135Days on Market: 180+ |
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Year Built Year Built: 2006 |
Property Type / Style Property Type: ResidentialProperty Subtype: TriplexStructure Type: TriplexArchitecture: Triplex |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Not Included in Sale: Cabinets in Garage and reverse osmosisIncluded in Sale: all appliancesParcel Number: 066024022 |
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Price List Price: $1,649,000Price Per Sqft: $554 |
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MLS Status: Active |
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Direction & Address City: Morro BayCommunity: Other |
School Information High School: Morro BayHigh School District: Other |
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Listing Agent Listing ID: NS26056201 |
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Community Features: Fishing, HikingNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 6970 sqft |
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Special Conditions: Standard |
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Contingencies: 1031 exchangeListing Terms: Cash to New Loan, 1031 Exchange |
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Mls Number: NS26056201Living Area Range Units: Square FeetWater ViewWater View: OceanAttribution Contact: 805-975-7631Common Interest: NoneUniversal Property Id: US-06079-N-066024022-R-N |
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FishingHikingSource Internet Entire Listing Display |
Around this home
What Locals Say about Morro Bay
At least 68 Trulia users voted on each feature.
95 % Say it's dog friendly
87 % Say people would walk alone at night
81 % Say yards are well-kept
81 % Say parking is easy
76 % Say it's walkable to restaurants
76 % Say car is needed
73 % Say there's holiday spirit
67 % Say it's walkable to grocery stores
64 % Say it's quiet
54 % Say they plan to stay for at least 5 years
54 % Say neighbors are friendly
52 % Say kids play outside
50 % Say there's wildlife
32 % Say there are sidewalks
27 % Say streets are well-lit
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Morro Bay
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
42
2MoM
Home Value
Trulia Estimate
$1.59MSince last month
Increased$33K (+2.1%)Since last year
Increased$24K (+1.5%)Since last sale
Increased$445K (+38.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +64% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.6M |
| August 2026 | $1.56M |
| July 2026 | $1.57M |
| June 2026 | $1.58M |
| May 2026 | $1.59M |
| April 2026 | $1.61M |
| March 2026 | $1.66M |
| February 2026 | $1.55M |
| January 2026 | $1.52M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Multi-Family Home | $990,000 | 08/05/26 | 3 | 2 | 1,500 | |
1.69 | Multi-Family Home | $225,000 | 11/10/25 | 7 | 11 | 4,150 | |
2.91 | Multi-Family Home | $882,000 | 06/22/26 | 3 | 3 | 1,458 | |
2.44 | Multi-Family Home | $2,485,000 | 01/05/26 | 8 | 6 | 4,844 | |
3.90 | Multi-Family Home | $1,500,000 | 08/04/26 | 10 | 5 | - | |
5.64 | Multi-Family Home | $2,000,000 | 08/31/26 | 7 | 4.5 | 3,432 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $920,900 | 3 | 3 | 1,834 | Off Market | |
0.04 | $328,900 | - | - | - | For Sale | |
0.04 | $328,900 | - | - | - | For Sale | |
0.05 | $660,000 | 2 | 1 | 1,754 | Recently Sold | |
0.09 | - | 4 | 4 | 2,448 | Off Market | |
0.11 | $707,900 | 2 | 1 | 840 | Off Market | |
0.08 | $959,500 | 3 | 2 | 1,526 | Off Market | |
0.10 | $1,527,200 | 8 | 5 | 3,431 | Off Market | |
0.11 | $1,325,200 | 4 | 3 | 1,877 | Off Market | |
0.12 | $167,300 | 1 | 1 | 480 | Off Market | |
0.12 | $136,200 | 1 | 1 | 400 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 26, 2026 Source: CRMLS #NS26053910 | PriceChange | $1,649,000 Price decreased by 1% |
Mar 20, 2026 Source: CRMLS #NS26056201 | PriceChange | $1,669,000 Price decreased by 2% |
Mar 14, 2026 Source: CRMLS #NS26053910 | Listed For Sale | $1,699,000 |
Nov 15, 2018 Source: N/A | Sold | $1,150,000 |
Oct 3, 2018 Source: Agent Provided | Pending | $1,150,000 |
Aug 22, 2018 Source: Agent Provided | Listed For Sale | $1,150,000 |
Aug 12, 2005 Source: N/A | Sold | $970,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,308,498 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lisa Sokolowski, Property Pros
Agent Phone: (805) 975-7631
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 2026-09-23 02:58:55 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-23 02:58:55 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
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Frequently asked questions about 1187 Main St
- What is the estimated monthly payment for 1187 Main St?Based on a $1,649,000 list price with 20% down at today's rates, the estimated monthly payment for 1187 Main St in Morro Bay, CA is approximately $10,427 (about $8,854 principal & interest, $1,498 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Morro Bay?Residents describe Morro Bay, CA as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Morro Bay, CA.
- What are the closest schools to 1187 Main St?The closest schools to 1187 Main St in Morro Bay, CA are Del Mar Elementary School (rated 6/10), Los Osos Middle School (rated 8/10), Morro Bay High School (rated 8/10).
- What is 1187 Main St estimated to be worth?Trulia's estimated value for 1187 Main St in Morro Bay, CA is $1,595,300.
- Does 1187 Main St have laundry facilities?Yes, 1187 Main St in Morro Bay, CA has laundry facilities.
1187 Main St, Morro Bay, CA 93442 is a 4 bedroom, 4 bathroom, 2,975 sqft multi-family built in 2006. This property is currently available for sale and was listed by CRMLS on Mar 20, 2026. The MLS # for this home is MLS# NS26056201.