380 Cerrito Morro Bay CA 93442 | MLS #SC26226095

380 Cerrito
Morro Bay, CA, 93442
$1,895,000
Beds
0 Baths
0 SqFt
0.2 Acres
$1,895,000
380 Cerrito
Morro Bay, CA, 93442
MLS #SC26226095 image #0
Amazing Bay Views from this Rare Coastal Opportunity in Desirable Morro Heights. Discover a unique opportunity in the highly desirable Morro Heights neighborhood of Morro Bay. Situated on a spacious corner lot, this distinctive property features three separate living units, offering exceptional versatility for multigenerational living, extended family, guest accommodations or potential rental income. Enjoy beautiful views of the ocean, harbor, bay and iconic Morro Rock from each unit of this special coastal setting. The main residence, facing Cerrito Place, offers 3 BR, 2 BA, an inviting sunroom just off the living room, and a private deck off the primary bedroom. A large yard, new carpeting, fresh interior paint, and a two-car garage add to the home’s appeal and functionality. Located above the second garage and facing Olive Street, the upper unit features 2 BR, 1-1/2 BA, with one dedicated garage and a private patio in the back outdoor space. The downstairs studio, also facing Olive Street, offers additional flexibility for guests, extended family or potential rental use. It features a patio off the living area to enjoy the coastal views and surroundings, plus a dedicated one car garage. A separate laundry room and utility room serves all three units, while additional storage provides convenient space for each residence. The corner lot setting offers room for each unit to enjoy its own outdoor area and a greater sense of privacy. Ideally located near the Morro Bay Golf Course, the Bay and Tidelands Park, this property combines a desirable coastal location with a rare multi-family layout. Whether you’re seeking a property with room for extended family, a flexible living arrangement, or income-producing potential, this Morro Heights offering presents a rare opportunity to make the most of the Morro Bay lifestyle.

Property Details

Price:
$1,895,000
MLS #:
SC26226095
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
North Morro Bay 820
Neighborhood:
mrbymorrobay
Listed Date:
Oct 26, 2026
Total Sq Ft:
3,100
Lot Size:
8,700 sqft / 0.20 acres (approx)
Year Built:
1972
Units:
3
OceanviewMrby – Morro BayMrbymorrobayNorth Morro Bay 820Ocean

Schools

Interior

Appliances
Refrigerator, Electric Range, Gas Range, Dishwasher
Flooring
Vinyl, Carpet, Wood
Heating
Forced Air, Wall Furnace
Interior Features
Built-in Features, Living Room Balcony
Laundry Features
Electric Dryer Hookup, Common Area, Washer Included, Dryer Included
Levels
Two

Exterior

Common Walls
1 Common Wall
Community Features
Golf, Hiking, Park
Construction Materials
Wood Siding, Stucco
Covered Spaces
4
Fencing
Wood
Garage Spaces
4
Lot Features
Corner Lot, Sloped Down, Irregular Lot, 2-5 Units/Acre, Lot 10000-19999 Sqft, Yard
Other Structures
Second Garage Attached, Shed(s)
Parking Spots
4
Parking Total
4
Stories
2
View
Dunes, Ocean, Bay, Harbor

Financial

Net Operating Income
$25,920
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Current real estate data for Multi Family in Morro Bay as of Nov 08, 2026
6
Multi Family Listed
84
Avg DOM
$1,943,833
Avg List Price

Community

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Property Summary

    Located in the North Morro Bay (820) subdivision, 380 Cerrito Morro Bay CA is a Multi Family for sale in Morro Bay, CA, 93442. It is listed for $1,895,000 To schedule a showing of MLS#sc26226095 at 380 Cerrito in Morro Bay, CA, contact your James Outland agent at 8057482262.
380 Cerrito
Morro Bay, CA
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