#633443, Chris Rima, Listing office: RPS Real Estate
#SN25106626·
Listing office: Gold Group Realty·
Listing agent: April Noessel·
Listing office phone: 530-412-1865
$543,000 List price
1188 Allesandro St Morro Bay, CA 93442
2 beds
1 full
808 sqft
0.2 acres
$672 / sqft
House
Property details
About 1188 Allesandro St
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**
Highlights
Home typeSingle Family Residence
StatusActive
Size808 sqft
Lot size0.1545 Acres
Year built1947
MLS #SN25106626
ViewNeighborhood
Summary
- Full Bathrooms: 1
- Fireplace: None
- Total Bedroom Count: 2
- Private Pool: No
- View: Neighborhood
- Cooling: None
- List Price: $543,000
- Price/SqFt: $672
- HOA Amount: $0
- Annual Tax Amount: $4,147
- Tax Year: 2024
- Lot: Back Yard, Corners Marked, Front Yard, Level, Rectangular Lot
- Directions: Property located between Allesandro St, La Loma Ave & Marengo Dr
- Year Built: 1947
- Stories: 1
- Living Area: 808 SqFt
- Lot Size: 0.1545 Acres
- MLS Number: SN25106626
- MLS Name: CRMLS
- Office Name: Gold Group Realty
- Office Phone: (530) 412-1865
- Listing Agent: April Noessel
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $375,267 | $4,147 |
| 2023 | $367,910 | $4,072 |
| 2022 | $360,697 | $3,817 |
| 2021 | $353,626 | $3,756 |
| 2020 | $350,000 | $3,717 |
History based on county public records data.
Nearby schools
6
Baywood Elementary School
Public District KG-6
2.6 mi
•1330 9th St
5
Del Mar Elementary School
Public District KG-6
2.6 mi
•501 Sequoia St
8
Monarch Grove Elementary School
Public District KG-6
3.6 mi
•348 Los Osos Valley Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,859. Residents of Morro Bay, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
22%
<35k
60%
35k-100k
12%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
8%
Single, with Kids
28%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
NASCAR
Figure Skating
Where do the neighbors shop?
Stein Mart
Dick's Sporting Goods
Kmart
Where do the neighbors go to eat?
Bob Evans
Arbys
Jimmy Johns
What do the neighbors drive?
Lincoln
GMC
Buick
What do the neighbors listen to?
News/Talk/Information
Adult Hits
Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
#NS25124701, Carrie Schechter, Listing office: Platinum Properties
7 days on Rocket
#PI25159833, Jay Bond, Listing office: eXp Realty of California, Inc.
#PI25146363, Paul Swack, Listing office: Keller Williams Realty Central Coast
#SC25040244, Sherry Sim, Listing office: SIM Real Estate
6 days on Rocket
#FR25161162, Steven Safarjian, Listing office: RPS Real Estate
2 days on Rocket
#SC25164098, Erica Abbott, Listing office: Compass
#PI25033213, Teri McKay, Listing office: Keller Williams Realty Central Coast
#SC25108161, Stanley Craig, Listing office: BHGRE HAVEN PROPERTIES
#SC25115476, Leon Van Beurden, Listing office: Bay Osos Brokers
Frequently asked questions
About 1188 Allesandro St
The listing price of 1188 Allesandro St property is $543,000.
The property 1188 Allesandro St is a house located in Morro Bay, California, 93442.
Active Listing: 1188 Allesandro St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1188 Allesandro St are: Baywood Elementary School (GreatSchools Rating 6/10), Del Mar Elementary School (GreatSchools Rating 5/10), Monarch Grove Elementary School (GreatSchools Rating 8/10), Los Osos Middle School (GreatSchools Rating 7/10), Cayucos Elementary School (GreatSchools Rating 8/10), Laguna Middle School (GreatSchools Rating 7/10), Morro Bay High School (GreatSchools Rating 9/10), San Luis Obispo County Community (GreatSchools Rating 3/10), Grizzly Challenge Charter (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $4,147 (source: MLS/based on county public records data).
The property at 1188 Allesandro St has 2 bedrooms and 1 bathroom.
The property 1188 Allesandro St is 808 SqFt (source: MLS/tax record).
The year of construction for 1188 Allesandro St is 1947.
This home is located at 1188 Allesandro St in Morro Bay, CA and zip code 93442. This 808 square foot home, which was built in 1947, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $543,000.
While more than 2 listings in Morro Bay, CA in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 8 were sold below. In June 2025 in Morro Bay, CA there were equal homes for sale than in May. While the average time on the market in June 2025 was 37 days, the median list price was $933,250.
From Rocket Homes Real Estate and based on county public records data.