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$695,000 Sale Pending
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Property Description
Prime 10,890 square foot lot offering vast investment potential. Ideally located across the street from the State Park on a corner lot bordered by Allesandro St, Bella Vista Dr and Morengo Dr. The property features a 1,200 square foot workshop with two large roll up doors, 200 amp 3 phase electrical service and a new TPO membrane roof. A new sewer line was installed with 6 clean outs. Water is plumbed to the workshop and natural gas is available on site. Current zoning is Industrial. Seller has preliminary approval from the city for a mixed-use residential/commercial subdivision with 5 residential units. Buyer to verify current and future potential uses of the property. Seller financing may be available.
Full Property Details
Full Property Details for 1140 Allesandro St
General
- Price: $695,000
- Status: Pending
- Type: Industrial
- Source: MRMLS
- MLS ID: SC25042274
- Updated: 12/22/2025
- Days on Market: 328 days
- Added to Site: 329 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Luis Obispo
- Driving Directions: Quintana Rd to La Loma. Right on Allesandro St. Property will be on your left.
Heating & Cooling
- Cooling Type: None
Utilities
- Utility Description: Electricity Connected, Natural Gas Available, Sewer Connected
Structural Information
- # Buildings: 1
- Roof: Membrane
- Amps: 200
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1200
- Square Feet: 1,200
- Year Built: 1969
Lot Features
- Lot Size (Acres): 0.25
- Useable Acres: .25
- Lot Size (Sq. Ft.): 10,890
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: Corner Lot, Corners Marked, Lot 10000-19999 Sqft
- Lot Description: Corner Lot, Corners Marked, Lot 10000-19999 Sqft
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $579
Disclosures and Reports
- Property ID: 66095004
Listed by Bhgre Haven Properties, MonicaKing and KateHendrickson
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Schools
Schools serving 1140 Allesandro St
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Del Mar Elementary School 501 Sequoia Street, Morro Bay, CA 93442 | K-6 | 2.6 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 2.9 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1140 Allesandro St
Date
Details
Price
Change
Source
10/30/2025
Price Reduced
$695,000
-11.46%
MLS
9/28/2025
Price Reduced
$785,000
-12.29%
MLS
8/15/2025
Price Reduced
$895,000
-8.21%
MLS
2/26/2025
Listed
$975,000
712.5%
MLS
8/24/1992
Sold
$120,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1140 Allesandro St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,293
2%
$207,999
2%
2024
$2,254
2%
$203,922
2%
2023
$2,213
7%
$199,925
2%
2022
$2,074
2%
$196,006
2%
2021
$2,041
1%
$192,164
1%
2020
$2,020
1%
$190,194
2%
2019
$1,999
2%
$186,466
2%
2018
$1,960
2%
$182,811
2%
2017
$1,922
2%
$179,227
2%
2016
$1,884
2%
$175,714
2%
2015
$1,855
9%
$173,076
2%
2014
$1,704
—
$169,686
—
2013
$1,696
—
$168,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1140 Allesandro St
1140 Allesandro Street, Morro Bay, CA 93442 (MLS# SC25042274) is a Industrial property. 1140 Allesandro Street is currently listed for $695,000 and was received on February 26, 2025. Want to learn more about 1140 Allesandro Street? Do you have questions about finding other Industrial real estate for sale in Morro Bay? You can browse all Morro Bay real estate or contact a Coldwell Banker agent to request more information.

