2130 Main Street, Morro Bay, CA 93442 - Berkshire Hathaway HomeServices California Properties
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2130 Main Street, Morro Bay, CA 93442

$2,250,000 Approx. USD 0 beds, 0 baths

Reduced by $150,000 on 4/26/2025
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Listing Agent


Ginger Woods | gingerwoods722@gmail.com
Lic#: 01410200
Broker: Courtesy of Paramount Properties

Agent Remarks

Welcome to Morro Bay where you can still invest and have the numbers make sense. This complex has developed into a very solid, income producing property with EXCELLENT tenants. It is very quiet, no drama, and most of the tenants have been there for years. There was great care in the placement of each tenant over time, and the complex is now a wonderful place to live, and an even more wonderful place to manage. There is plenty of parking and even laundry facilities on site which add to the income. The overhead is very low. Almost none to report. The landscape is very low maintenance and tenants maintain their areas. The building is older, so there have been repairs due to weather over the years, but the owner has kept up with anything that has come up. Prior to the current owner, there had been many modifications over the years to the units. It is hard to know what the original floor plans were, but things have been updated cosmetically, so the older modifications look great. The whole complex is only electric, so the utilities are basic and very low for the tenants. We charge $50 per person for water/trash/sewer as well. This is a great, HUGE lot in what is quickly becoming a very desirable neighborhood.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SC25074638
List price is $2,250,000 Reduced by $150,000 on 4/26/2025
Price: $2,250,000
Beds: 0
Baths: 0
Built in 1951
0.28 acres
Lot size: 0.2847
Subdivision: North Morro Bay (820)
County: San Luis Obispo
Zoning: CIN
Lot description: ZeroToOneUnitAcre
Heating description: Electric
MLS area: MRBY - Morro Bay

Last Updated: 4/26/2025

 Days On Market (DOM): 27

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This listing belongs to the MRBY - Morro Bay MLS area

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Lat/Long: 35.384119, -120.856307.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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