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    Morro Bay, CA
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    Morro Bay, CA Residential Income Properties for Sale

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    Los Osos, CA San Luis Obispo, CA Cayucos, CA
    Vintage Duplex with Development Plans
    Updated: May 15
    Vintage Duplex with Development Plans

    260 Pacific St, Morro Bay, CA 93442

    $1,030,000
    Vintage duplex built in 1935 in the downtown core of Morro Bay.
    Approved plans to add a 3rd unit.
    Current unit mix includes a 2/1 and a 1/1 free‑standing unit, each with its own yard.
    Rear two‑car garage on the property.
    Roof and rain gutters were recently replaced.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Quadplex Residential Income Property
    Quadplex Residential Income Property

    1470 Madonna Road, San Luis Obispo, CA 93405

    $1,679,000
    5,023 sqft · 0.23 AC lot

    For-sale quadplex on a small lot, offering a straightforward residential income format in San Luis Obispo.

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    Residential Income Multifamily Property
    Residential Income Multifamily Property

    1480 Madonna Road, San Luis Obispo, CA 93405

    $1,679,000
    5,023 sqft · 0.19 AC lot

    A small multifamily asset offering residential income potential in San Luis Obispo, California.

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    Ranch-Style Multi-Family Property
    Ranch-Style Multi-Family Property

    701 Los Osos Valley, Los Osos, CA 93402

    $1,469,500
    0.20 AC lot

    Ranch-style multi-family property zoned RMF on a small Los Osos lot, offered for sale.

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    Fourplex Residential Income Property
    Fourplex Residential Income Property

    1143 16th, Los Osos, CA 93402

    $925,000

    Four-unit property in Los Osos with two studios and two two-bedroom homes, each featuring a full kitchen.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Morro Bay Land with Views
    Morro Bay Land with Views

    2900 Alder Avenue, Morro Bay, CA 93442

    $395,000
    0.14 AC lot

    6,000 sq ft lot near beach with ocean views.

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    Morro Bay Land with Views
    Morro Bay Land with Views

    670 Sequoia Court, Morro Bay, CA 93442

    $475,000
    0.46 AC lot

    Rare nearly half acre lot with incredible views in Morro Bay.

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    Bayfront Double Lot Opportunity
    Bayfront Double Lot Opportunity

    Garden Street, Los Osos, CA 93402

    $300,000
    0.18 AC lot

    Rare double lot with Back Bay frontage in Los Osos.

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    Los Osos Double Lot Opportunity
    Los Osos Double Lot Opportunity

    Ash Street, Los Osos, CA 93402

    $199,000
    0.18 AC lot

    Desirable Los Osos double lot near Sweet Springs Nature Preserve.

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    Off-Market Properties in Morro Bay, CA

    Consider similar Off-Market properties in Morro Bay, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2130 Main St
    APARTMENT HOUSE (5+ UNITS)

    2130 Main St, Morro Bay, CA 93442-1666

    Value Estimation by Request
    1,804 sqft · 0.28 AC lot
    View details
    Main St
    APARTMENT HOUSE (5+ UNITS)

    Main St, Morro Bay, CA 93442

    $2,800,000
    Estimated value
    0.33 AC lot
    View details
    694 Monterey Ave
    APARTMENT HOUSE (5+ UNITS)

    694 Monterey Ave, Morro Bay, CA 93442-2232

    $1,450,000
    Estimated value
    2,392 sqft · 0.33 AC lot
    View details
    1060 Monterey Ave
    APARTMENT HOUSE (5+ UNITS)

    1060 Monterey Ave, Morro Bay, CA 93442-2067

    Value Estimation by Request
    792 sqft · 0.20 AC lot
    View details
    190 El Morro Trlr Ct
    CAMPGROUND, RV PARK

    190 El Morro Trlr Ct, Morro Bay, CA 93442

    Value Estimation by Request
    1.08 AC lot
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    1565 Quintana Rd
    MOBILE HOME PARK, TRAILER PARK

    1565 Quintana Rd, Morro Bay, CA 93442-2435

    $5,025,000
    Estimated value
    5.84 AC lot
    View details
    425 Bonita St, Unit E
    MOBILE HOME PARK, TRAILER PARK

    425 Bonita St, Morro Bay, CA 93442-1518

    Unit E
    Value Estimation by Request
    1.14 AC lot
    View details
    2077 Sunset Ave
    APARTMENT HOUSE (5+ UNITS)

    2077 Sunset Ave, Morro Bay, CA 93442-1651

    $1,685,000
    Estimated value
    640 sqft · 0.23 AC lot
    View details
    1500 Little Morro Crk Rd
    MOBILE HOME PARK, TRAILER PARK

    1500 Little Morro Crk Rd, Morro Bay, CA 93442-1876

    $1,190,000
    Estimated value
    552 sqft · 40.00 AC lot
    View details
    700 Bernardo Ave
    APARTMENT HOUSE (5+ UNITS)

    700 Bernardo Ave, Morro Bay, CA 93442-2340

    $540,000
    Estimated value
    0.26 AC lot
    View details
    736 Bernardo Ave
    APARTMENT HOUSE (5+ UNITS)

    736 Bernardo Ave, Morro Bay, CA 93442-2371

    $550,000
    Estimated value
    0.13 AC lot
    View details
    440 Atascadero Rd
    APARTMENT HOUSE (5+ UNITS)

    440 Atascadero Rd, Morro Bay, CA 93442-1698

    $1,195,000
    Estimated value
    4,178 sqft · 0.37 AC lot
    View details
    752 Butte Ave
    APARTMENT HOUSE (5+ UNITS)

    752 Butte Ave, Morro Bay, CA 93442-2310

    $605,000
    Estimated value
    3,960 sqft · 0.22 AC lot
    View details
    1078 Monterey Ave
    MOBILE HOME PARK, TRAILER PARK

    1078 Monterey Ave, Morro Bay, CA 93442-2014

    Value Estimation by Request
    0.30 AC lot
    View details
    495 Napa Ave
    APARTMENT HOUSE (5+ UNITS)

    495 Napa Ave, Morro Bay, CA 93442-2563

    $1,025,000
    Estimated value
    7,656 sqft · 0.40 AC lot
    View details
    1536 Little Morro Crk Rd
    MOBILE HOME PARK, TRAILER PARK

    1536 Little Morro Crk Rd, Morro Bay, CA 93442-1877

    $1,345,000
    Estimated value
    1,640 sqft · 23.29 AC lot
    View details
    1600 San Bernardo Crk Rd
    MOBILE HOME PARK, TRAILER PARK

    1600 San Bernardo Crk Rd, Morro Bay, CA 93442-2478

    $1,440,000
    Estimated value
    3,413 sqft · 74.46 AC lot
    View details
    590 Kings Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    590 Kings Ave, Morro Bay, CA 93442-2649

    Unit 1
    $520,000
    Estimated value
    4,457 sqft · 0.26 AC lot
    View details
    227 Surf St
    MOBILE HOME PARK, TRAILER PARK

    227 Surf St, Morro Bay, CA 93442-2033

    Value Estimation by Request
    0.74 AC lot
    View details
    462 Monterey Ave
    MOBILE HOME PARK, TRAILER PARK

    462 Monterey Ave, Morro Bay, CA 93442-2580

    Value Estimation by Request
    0.95 AC lot
    View details
    311 Tahiti St
    APARTMENT HOUSE (5+ UNITS)

    311 Tahiti St, Morro Bay, CA 93442-2902

    Value Estimation by Request
    2,084 sqft · 0.33 AC lot
    View details
    475 Bay Blvd
    MOBILE HOME PARK, TRAILER PARK

    475 Bay Blvd, Morro Bay, CA 93442-2428

    Value Estimation by Request
    10.00 AC lot
    View details
    901 Morro Bay Blvd
    MOBILE HOME PARK, TRAILER PARK

    901 Morro Bay Blvd, Morro Bay, CA 93442-2380

    Value Estimation by Request
    3.12 AC lot
    View details

    Morro Bay, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Morro Bay, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,030,000.

    Sale prices for residential income properties in Morro Bay, CA start at $1,030,000, averaging $1,030,000, and reaching up to $1,030,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Duplexes 2
    Short term rental properties 2
    Mobile home & RV parks 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.3%
    Median Household Income $92,163
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Morro Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93442 $831.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $12.55 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

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