1188 Allesandro St

Morro Bay, CA 93442

  • 2 Bed(s)
  • 1 Bath(s)
  • 808 Sqft
  • 6730
    Sqft(Lot)
$549,000

Description

Prime investment opportunity in coastal morro bay!



located just steps from the scenic morro bay state park and minutes from the iconic morro rock beach, this rare offering presents a versatile development opportunity in one of california’s most desirable coastal towns. situated on a semi-private lot nestled between just two adjoining parcels, this property offers a sense of privacy while maintaining easy access to key local amenities.



currently featuring a tear-down structure, the site is primed and ready for redevelopment—with all utilities already connected, saving time and cost on initial groundwork. zoned for medium density use, this lot allows for a range of residential development possibilities, whether you’re looking to build your dream coastal getaway, a multi-unit investment property, or a modern single-family residence with additional units for income potential.



adjacent to a second available lot (sold separately), buyers have the option to expand their footprint and take full advantage of the area’s flexible zoning to create a larger-scale project or a more spacious estate. together, the combined parcels open the door to creative configurations and increased building potential—perfect for developers, investors, or visionaries seeking a unique slice of the central coast.



the location is a standout—bordering the peaceful greenery of the state park while remaining just a short drive from downtown morro bay’s shops, restaurants, and waterfront activities. with easy access to highway 1, commuting to san luis obispo, cambria, or other neighboring beach towns is a breeze.



whether you’re a seasoned investor or a first-time builder looking for a special place to create something extraordinary, this property offers unmatched potential in a prime location. don’t miss this chance to secure a piece of coastal california with flexibility, privacy, and strong future returns.



please note: property is being sold for land value only. adjacent lot available under separate listing.



***danger! do not attempt to enter any structures due to very hazardous conditions**

  • Property Type

    Residential

  • County

    San Luis Obispo

  • Style

    Residential

  • AD ID

    49743487

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2

    Bathroom Information

    • Total Baths: 1
    • Full Baths: 1
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : None
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1947
    • Roof: None

    Pool Features

    • None

    Laundry Features

    • None

    Fencing

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1545
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 6730

  • Listing Price Information

    • Original List Price: 549,000
    • Listing Contract Date: 2025-05-13

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 066095007

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: MRBY - Morro Bay
    • Directions: Property located between Allesandro St, La Loma Ave & Marengo Dr
    • Zoning: 60
    • Source Property Type: Residential
    • Area: MRBY - Morro Bay
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 78
    • Common Walls: No Common Walls
    • Property Condition: Fixer,Repairs Major
    • Structure Type: Single Family Residence
    • Year Built Source: Public Records
    • Total Square Feet Living: 808
    • Entry Level: 1
    • Entry Location: Front
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: House
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BuyOwner last updated this listing 06/09/2025 @ 06:21

  • MLS: SN25106626
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 2 bedrooms which is for sale, it has 808 sqft, 6,730 sized lot, and 0 parking. are nearby neighborhoods.