Triplex

Morro Bay, CA Triplexes for Sale

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

1160 West, Morro Bay, CA 93442

$1,629,000
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
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Triplex with Detached Garage
Updated: Jul 28
Triplex with Detached Garage

1160 West St, Morro Bay, CA 93442

$1,629,000
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
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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.

Mission-Style Three-Unit Triplex
Mission-Style Three-Unit Triplex

347 Branch St, San Luis Obispo, CA 93401

$1,450,000
2,612 sqft

R-2-zoned triplex with a front residence, rear duplex, separate utility metering, and private outdoor areas.

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Well-Maintained Triplex with Ocean Deck
Well-Maintained Triplex with Ocean Deck

31 8th Street, Cayucos, CA 93430

$2,000,000
0.18 AC lot

Spacious two-story triplex with bright living areas, in-unit laundry space, and private ocean-view deck from a front bedroom.

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Corner-Lot Triplex Near Downtown
Corner-Lot Triplex Near Downtown

San Luis Obispo, CA 93401

$1,700,000
0.30 AC lot

Three two-bedroom units occupy a 1918 property in San Luis Obispo’s historic Mill St neighborhood.

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Renovated Ocean-View Triplex
Renovated Ocean-View Triplex

184 Birch Ave, Cayucos, CA 93430

$2,199,000

Three updated residences offer ocean views, private laundry, dedicated parking, and a combination of short- and long-term rental use.

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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 $1,629,000 — 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
Short term rental properties 3
Mobile home & RV parks 2
Quadplexes 2
Triplexes 2

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 $1.6M

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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