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    Triplex with Commercial Unit
    Updated: Jul 27
    Triplex with Commercial Unit

    1160 West, Morro Bay, CA 93442

    $1,725,000
    0.10 AC lot
    3,094 square feet across a triplex with two residential units and one downstairs commercial unit
    Upper apartment offers 3 bedrooms, 1 full bath, indoor laundry, and views of Morro Rock and the harbor
    Lower apartment includes a large 1‑bedroom layout, 1 bath, office, and indoor laundry
    Detached 1‑car garage plus 4 off‑street parking spaces
    40.9 ft x 112 ft street‑to‑street lot in Morro Bay’s Embarcadero neighborhood
    View details
    Triplex with Detached Garage
    Updated: Aug 19
    Triplex with Detached Garage

    1160 West St, Morro Bay, CA 93442

    $1,725,000
    3,094‑square‑foot triplex built in 1945
    Two residential apartments plus a downstairs commercial unit
    Upper unit includes 3 bedrooms, 1 full bath, indoor laundry, and Morro Rock and Harbor views
    Lower apartment features 1 large bedroom, 1 bath, an office, and indoor laundry
    Detached 1‑car garage and 4 off‑street parking spaces
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    3-Unit Triplex Property
    3-Unit Triplex Property

    1029 Big Pine Dr, Santa Maria, CA 93454

    $1,075,000
    2,146 sqft

    Three fully rented residences offer separate living areas, kitchens, outdoor space, and convenient on-site parking.

    View details
    Downtown Triplex With Redevelopment Plans
    Downtown Triplex With Redevelopment Plans

    1434-1436 Pine Street, Paso Robles, CA 93446

    $945,000
    0.16 AC lot

    TC-2-zoned triplex with public water and sewer and an approved residential redevelopment concept.

    View details
    Downtown Triplex with Redevelopment Plans
    Downtown Triplex with Redevelopment Plans

    1434 1436 Pine Street, Paso Robles, CA 93446

    $945,000
    0.16 AC lot

    TC-2 zoning, three existing rental units, and an Opportunity Zone designation support multiple planning considerations.

    View details
    Mixed-Use Property with Offices
    Mixed-Use Property with Offices

    303 N Lincoln St, Santa Maria, CA 93454

    $1,575,000

    Residential units and office suites combine within a renovated, parking-supported commercial property.

    View details

    Morro Bay, CA Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Morro Bay, CA on our real estate platform.

    Sale prices for three-family homes in Morro Bay, CA average $1,725,000 — 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

    Duplexes 5
    Mobile home & RV parks 2
    Triplexes 2
    Short term rental properties 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 $1.7M

    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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    Featured Morro Bay Real Estate Agencies

    Realmo connects you with licensed Morro Bay CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Franklin Real Estate & Rentals
    798 Morro Bay Boulevard Morro Bay, CA 93442
    Phone: 18057724277
    www.thefranklinteam.com/

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