$1,125,000
$10K PRICE DROP

260 264 Pacific Morro Bay, CA 93442

Estimated payment $7,055/month

Total Views 6,066
3 Beds
2 Baths
1,200 Sq Ft
$938 Price per Sq Ft

Highlights

  • Back Bay Views
  • No HOA
  • 1-Story Property
  • Del Mar Elementary School Rated A-
  • Laundry Room

About This Home

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 having individual yards and 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.

Listing Agent

Jim Kelsey CCIM

Century 21 Masters-Arroyo Grande Brokerage Phone: 805-709-4828 License #01354722 Listed on: 10/07/2025

Century 21 Masters-Arroyo Grande

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 5,808 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Back Bay Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Community Details

  • No Home Owners Association
  • 2 Units
  • Harbor Tract Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 20
  • Assessor Parcel Number 066115004

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Harbor Tract(760)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 066115004
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 937.50
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Back Bay
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 5808.00
  • Lot Size Acres: 0.1333

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5808.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 20
  • Tax Lot: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 Price Changed $1,125,000 -0.9% $938 / Sq Ft
10/07/2025 10/07/25 For Sale $1,135,000 -- $946 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI25234438

California Regional Multiple Listing Service (CRMLS)
California San Luis Obispo County Morro Bay 93442

260 264 Pacific, Morro Bay, CA

For Sale

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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Jim Kelsey CCIM
Listing Agent
Jim Kelsey CCIM
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Century 21 Masters-Arroyo Grande
(805) 779-3706