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$1,125,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 260 260 Pacific

General

  • Price: $1,125,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PI25233812
  • Updated: 10/22/2025
  • Days on Market: 102 days
  • Added to Site: 102 day(s) ago

Rooms

Other Rooms

  • Laundry: In Kitchen

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 1

Location

  • Area: MRBY - Morro Bay
  • County: San Luis Obispo
  • Development Name: MRBY - Morro Bay
  • Driving Directions: Pacic to property on left

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,200
  • Year Built: 1935

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1333
  • Lot Size (Sq. Ft.): 5,808
  • Lot Size Source: Public Records
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $937.5
  • Price Per Unit: 562500

Listed by Century 21 Masters-Arroyo Grande, James Kelsey

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Listing agent

— 260 260 Pacific —

  • James Kelsey

    Century 21 Masters-Arroyo Grande

805-709-4828

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 260 260 Pacific

School District:San Luis Coastal Unified School District
NameGradesDistance
Del Mar Elementary School
501 Sequoia Street, Morro Bay, CA 93442
K-62.2 mi
Los Osos Middle School
1555 El Moro St., Baywood-Los Osos, CA 93402
7-83.3 mi
Morro Bay High School
235 Atascadero Road, Morro Bay, CA 93442
9-121.4 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 260 260 Pacific Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2025
Price Reduced
$1,125,000
-0.88%
MLS
10/06/2025
Listed
$1,135,000
97.39%
MLS
5/02/2016
Sold
$575,000
—
Public Record
Get Price Alerts and Save Property
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 for 260 260 Pacific

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,827
2%
$710,128
2%
2024
$7,694
2%
$696,205
2%
2023
$7,555
7%
$682,555
2%
2022
$7,082
2%
$669,173
2%
2021
$6,969
1%
$656,053
1%
2020
$6,897
1%
$649,327
2%
2019
$6,826
6%
$636,596
6%
2018
$6,415
2%
$598,230
2%
2017
$6,289
392%
$586,500
393%
2016
$1,277
2%
$119,079
2%
2015
$1,257
9%
$117,292
2%
2014
$1,155
1%
$114,995
—
2013
$1,149
—
$114,476
—
View All
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 for 260 260 Pacific

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Century 21 Masters-Arroyo Grande, James Kelsey

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260 260 Pacific, Morro Bay, CA 93442 (MLS# PI25233812) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 260 260 Pacific is currently listed for $1,125,000 and was received on October 06, 2025. Want to learn more about 260 260 Pacific? Do you have questions about finding other Multi-Family 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.

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