260 Pacific Morro Bay, CA ^$ 1,030,000

260 Pacific

^$ 1,030,000

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Recently Listed

260 Pacific

Morro Bay, CA, 93442

^$ 1,030,000

Studio Baths1.0 Sq 1,500

Monthly Estimate*

^$ 6,342

Listed by Century 21 Masters

Studio

Multi-Family Home for sale in Morro Bay, CA

for $1,030,000 with 1 full bath. This 1,500 square foot home was built in 1935 on a lot size of 0.1333.

Opportunity knocks with this possible development property in the downtown core of morro Bay. This vintage duplex has 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.

Multi-Family Active

Price

^$ 1,030,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1333

Year Built

1935

Town/City

Morro Bay

County/Region

San Luis Obispo

MLS | Web ID

PI26106185

Days on Market

Features

General

Sewer Public Sewer

HOA Fee 0

Garage Spaces 2

Pool Features None

Year Built 1935

Stories Count 1

Levels One

Property Subtype Duplex

Gross Income 59400

Community Features Street Lights Sidewalks

County San Luis Obispo

Net Operating Income 44550

Operating Expense 17820

Insurance Expense 0

New Construction false

Property Type Residential Income

HOA false

Subdivision Name Embarcadero(750)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Main St to pacific right turn to property

City Morro Bay

Entry Location 1

Senior Community Y/N false

Number Of Units Total 2

MLS Area MRBY - Morro Bay

Lot Size Units Square Feet

Lot Size Square Feet 5808

Listing Terms 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 1

Property Sub Type Additional Duplex

Interior

Total Stories 1

Common Walls 2+ Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 2

Lot Size Area 5808

Number of Buildings 3

Building Area Total 1500

Lot Size Acres 0.1333

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Century 21 Masters

Broker

jim.kelsey1@gmail.com

Affordability Calculator

$6,342

Per Month

Monthly Principal & Interest: $6,342
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Morro Bay, CA

Average List Price ^$2,144,714

Percent of Sale Price 108%

About Morro Bay, CA

10,283 Population

-1% Since 2002

^$56,935 Median Income

48.57 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2026	$1,030,000		Listed Price

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260 Pacific, Morro Bay, CA, 93442 is a Multi-Family Home for sale at $1,030,000 with 1,500 sqft and a lot size of 0.1333. 260 Pacific is a studio with 1.0 baths and was built in 1935. The property's zip code is 93442 which is in Morro Bay, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/16/2026. 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.

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260 Pacific

Multi-Family Home for sale in Morro Bay, CA

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