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Extremely Rare Beachside 6 Lot Development Opportunity! Three Blocks to the Beach! Two Story Units will have Ocean Views! Currently a 9 Unit single level apartment complex generating approx. $9000/month gross exists on site and occupied (do not disturb)!!! There are 6 Lots separately conveyed on this parcel. This will NOT require a subdivsion map, per City of Morro Bay. Submit separate building applications! Each lot is approx. 2400sqft. Two lots closest to Main street are Zoned MCR which allows an 2nd Unit/ADU. The Other 4 are SFR. New Construction surrounds this property. Two Modern Homes across the street that are just getting going and an adjacent two story home. Also existing on the property not being rented is a two car garage and Covered parking for boat/RV, consider as additional income of $350-450/mth. Lot Size & Bldg Size are estimated. Excellent opportunity to change the landscape of North Morro Bay.
Listing agent: Jay Chiasson DRE #01836276 jaymorrobay@gmail.com, Listing office: Navigators Real Estate
MLS data updated 11/4/2026, 12:50:07 AM PT
Source: CRMLS, MLS #: SC19185297
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 27, 2019
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 93442 · Nov 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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