Multi-Family $ 989,000

768 El Morro

Los Osos, CA 93402

  • 3 Beds
  • 2 Baths
    Full Baths: 2
  • 1,920 SqFt
  • 3,123 Lot Size
  • 1988 Year Built
Coastal Property with Dual Living Spaces | Mixed-Use Zoning | Baywood Location
Located approximately two blocks from the Pacific Ocean in the heart of Baywood, this flexible coastal property offers dual living spaces and mixed-use zoning in a highly desirable Los Osos neighborhood.
The property is currently configured as:
• Upper level: 2-bedroom, 1-bath residence
• Lower level: 1-bedroom, 1-bath unit currently utilized as a short-term rental
This configuration allows for potential income generation or owner occupancy with rental flexibility. The layout easily converts into a single larger residence. Mixed-use zoning provides additional flexibility for future use, subject to local regulations.
The property has an established rental history. Detailed financial information available upon request.
Outdoor living features include a thoughtfully designed backyard space with a gas fire pit, outdoor soaking tub, and areas for relaxation and entertaining. From the upper front bedroom, there is a peek of the ocean.
The location offers convenient access to the bay, local wine tasting rooms, weekly farmers market, coffee shops, dining, and other Baywood amenities. The community has experienced ongoing revitalization while maintaining its coastal character.
This property presents a versatile opportunity in a sought-after Central Coast location.
Listed by Jarrod Westerlund of LPT Realty, Inc

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active Under Contract

    Purchase Type For Sale

    Square Footage 1, 920 sqft

    Price per Sqft $515

    Subdivision Bay Oaks(550)

    MLS Listing ID SC26038857

    Bedrooms 3

    Full Baths 2

    HOA Y/N No

    Year Built 1988

    Lot Size 3,123 Sqft

    Property Sub-Type Duplex

  • Location

    State CA

    County San Luis Obispo

    Area Osos - Los Osos

  • Rooms

    Main Level Bedrooms 1

  • Building

    Lot Description 6-10 Units/Acre, Street Level

    Dwelling Type Duplex

    Story 2

    Entry Level Two

    Sewer Public Sewer

    Water Public

    Level or Stories Two

    New Construction No

  • Interior

    Interior Features Bedroom on Main Level

    Heating Forced Air

    Cooling None

    Fireplaces Type None

    Fireplace No

    Laundry Electric Dryer Hookup, Gas Dryer Hookup

  • Exterior

    Parking Features Asphalt

    Pool None

    Community Features Suburban

    View Y/N Yes

    View Bay

    Private Pool No

  • Schools

    School District San Luis Coastal Unified

  • Others

    Senior Community No

    Tax ID 038192032

    Acceptable Financing 1031 Exchange

    Green/Energy Cert Solar

    Listing Terms 1031 Exchange

    Special Listing Condition Standard

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CONTACT

Jarrod Westerlund
Jarrod Westerlund

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