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Investment Highlights

  • Prime Morro Bay coastal location within San Luis Obispo County
  • 11-units expansion upside with permitting underway
  • Ocean views and strong boutique positioning
  • Irreplaceable Central Coast asset supported by long-term demand drivers

Executive Summary

Located in Morro Bay, this boutique hotel enjoys ocean views and views of iconic Morro Rock. It is set within a highly desirable coastal environment that reflects the area’s natural beauty, relaxed coastal character, and year-round destination appeal.
What truly distinguishes this offering is its value-add potential.
The property includes expansion opportunities for 11 units, with the project already well advanced in the permit process—providing a clear, actionable path to future growth and enhanced returns in a supply-constrained coastal market.
Value-add opportunities of this caliber are rare along the Central Coast. This is an offering not to be missed!
Viewing by appointment only. Do not disturb management.

Property Facts

Price $6,253,848 CAD
Price Per Room $390,866 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.54 AC
Building Size 5,661 SF
No. Rooms 16
No. Stories 1
Year Built/Renovated 1941/2010
Parking Ratio 2.12/1,000 SF
Corridor Exterior
Zoning CVS

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $439.65 CAD -
Guest Room 14 $349.21 CAD -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
066-042-001
Land Assessment
$3,006,377 CAD
Improvements Assessment
$2,339,605 CAD
Total Assessment
$5,345,982 CAD
  • Listing ID: 39481178

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 1050 Morro Ave, Morro Bay, CA 93442

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