Located in the heart of Morro Bay, this well-maintained 4-unit apartment property offers an exceptional investment opportunity with all four units featuring 1 bedroom, 1 bathroom, and their own private garage. In addition to the four tenant garages, the property includes three extra garages currently generating additional rental income. There is an inviting shared patio sitting area and a finished paver seating area. The two upstairs units feature a large balcony with scenic views of the surrounding hills, the ocean beyond, and Morro Bay’s iconic three smokestacks. Additional amenities include a shared on-site laundry room, making this a highly desirable property for both tenants and investors seeking strong rental appeal in one of the Central Coast’s most sought-after beach communities.
AGENT: Eric Smith LISTING BROKERAGE: Anchor Real Estate
Courtesy of Anchor Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 375 Surf
Morro Bay, CA
Property Details
Price:
$1,300,000
MLS #:
NS26098078
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
North Morro Bay 820
Neighborhood:
mrbymorrobay
Listed Date:
May 6, 2026
Total Sq Ft:
2,448
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1972
Mrby – Morro BayMrbymorrobayNorth Morro Bay 820
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Schools
Interior
Laundry Features
AR
Levels
U
Exterior
Common Walls
_1CW
Community Features
SUB
Garage Spaces
7
Parking Spots
7
Parking Total
7
Financial
Net Operating Income
$50,004
Map
Community
- Address375 Surf Morro Bay CA
- SubdivisionNorth Morro Bay (820)
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
