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.
AGENT: James Kelsey LISTING BROKERAGE: Century 21 Masters
Courtesy of Century 21 Masters. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 260 Pacific
Morro Bay, CA
Property Details
Price:
$1,030,000
MLS #:
PI26106185
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Subdivision:
Embarcadero750
Neighborhood:
mrbymorrobay
Listed Date:
May 15, 2026
Total Sq Ft:
1,500
Lot Size:
5,808 sqft / 0.13 acres (approx)
Year Built:
1935
Mrby – Morro BayMrbymorrobayEmbarcadero750
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Schools
Interior
Laundry Features
NO
Levels
A
Exterior
Common Walls
_2CW
Community Features
SDW, SL
Garage Spaces
2
Parking Spots
2
Parking Total
2
Financial
Net Operating Income
$44,550
Map
Community
- Address260 Pacific Morro Bay CA
- SubdivisionEmbarcadero(750)
- CityMorro Bay
- CountySan Luis Obispo
- Zip Code93442
