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Beach Bungalow Inn & Suites 1050 Morro Ave 16 Room Hotel Morro Bay, CA 93442 $4,750,000 ($296,875/Room)
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.
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 | $4,750,000 | Building Size | 5,661 SF |
| Price Per Room | $296,875 | No. Rooms | 16 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1941/2010 |
| Property Subtype | Hotel | Parking Ratio | 2.12/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.54 AC | ||
| Zoning | CVS | ||
| Price | $4,750,000 |
| Price Per Room | $296,875 |
| 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 | $316.00 | - |
| Guest Room | 14 | $251.00 | - |
1 1
Walk Score®
Very Walkable (83)
Property Taxes
| Parcel Number | 066-042-001 | Improvements Assessment | $1,683,532 |
| Land Assessment | $2,163,328 | Total Assessment | $3,846,860 |
Property Taxes
Parcel Number
066-042-001
Land Assessment
$2,163,328
Improvements Assessment
$1,683,532
Total Assessment
$3,846,860
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Beach Bungalow Inn & Suites | 1050 Morro Ave
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