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Closed
- Listed price
- $1,395,000
- Listed Jun 5, 2021
- Sold price
- $1,240,700
- Sold Sep 22, 2021
8,712 sqft lot|1961 Built|15 MLS days on market
480 Morro Bay Blvd, Morro Bay, CA 93442
Property Description
Amazing investment opportunity in the heart of downtown Morro Bay! Located next door to the historic Bay Theatre, just a few blocks from the Embarcadero, this 6-unit multi-tenant retail building is ready for many uses. There are 11 designated parking spots along with street parking on both Morro Bay Blvd and Napa Ave. The property includes 468 Morro Bay Blvd (~1,062 sq ft), 480 Morro Bay Blvd (~1,651 sq ft), 490 Morro Bay Blvd (~1,169 sq ft), 735 Napa Ave (~620 sq ft), 737 Napa Ave (~620 sq ft), and 739 Napa Ave (~620 sq ft). All leases are month to month. Zoned C-1 with S-4 overlay, check with City Planning to realize its potential!
Listing agent: Colleen ClarkeDRE #01267325ccrealestateslo@gmail.com, Listing office: BHGRE Haven Properties
MLS data updated 10/28/2026, 2:05:03 PM PT
Source: CRMLSMLS #: SC21121859
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,240,700
Sep 22, 2021
Available records22021
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 93442 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 93442 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.