1130 Scott St Morro Bay, CA 93442
This exceptional 2,744 square foot mixed-use property in Morro Bay, California, presents a unique investment opportunity. Built in 2024, this three-story building boasts a prime location just two blocks from the oceanfront on a 1,742 square foot lot (APN: 066036032). The property features a luxurious 1,282 square foot, one-bedroom, one-bathroom residence on the second floor, complete with an open-concept living area, custom bamboo cabinetry, a leathered granite kitchen island, and a floor-to-ceiling moving glass wall system offering stunning ocean views. The gourmet kitchen includes premium JennAir Noir appliances, including a built-in coffee/cappuccino maker, double oven, and built-in refrigerator. The ground floor offers two commercial spaces: a spacious 1,153 square foot two-car garage and a 253 square foot storefront, both with custom glass roll-up doors and sharing an ADA-compliant bathroom. A 644 square foot enclosed rooftop deck, featuring sleek glass balustrades, provides breathtaking panoramic views. The property is zoned C-2 and offers a blend of residential and commercial potential, making it ideal for owner-occupancy or investment. The asking price is $2,200,000 ($801.75 per square foot). Don't miss this chance to own a piece of Morro Bay's vibrant coastal scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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