260 Pacific, Morro Bay, CA 93442

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Sold Price
$990,000
List Price
$1,030,000
Closing Date
Aug 05, 2026
Status
CLOSED
MLS#
PI26106185
Year Built
1935
Lot Size
5,808
Acres
0.13
Lot Location
2-5 Units/Acre
Days on Market
67
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Embarcadero(750)

Property Description

Two blocks from the water, location, location, location! Opportunity knocks with this possible development property in the downtown core of morro Bay. This vintage duplex has two separate houses and approved plans for a 3rd unit, plus the property may have an additional ADU and a Jr. ADU on the property. The current unit mix consists of a 2/1 and a 1/1 free standing units with each hanvig individual yards and there is a rear two car garage. The roof and rain gutters were recently replaced and the units bring great rents, being so close to the Embarcadero. This property has fantastic upside potential. This property also qualifies for a short term vacation rental license. Whether you are wanting an investment property or a vacation hideaway spot for the family this fits the bill.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$59,400
Operating Expense
17820

Listing courtesy of Listing Agent: James Kelsey (jim.kelsey1@gmail.com) from Listing Office: Century 21 Masters.

Listing sold by James Kelsey from Century 21 Masters

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.