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Vintage Duplex with Development Plans

260 Pacific St, Morro Bay, CA 93442

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For Sale

$1,030,000

A vintage duplex with replaced roofing and approved plans to add a third unit, plus possible ADUs and a short-term license option.

Type:Multi Family

HighLights

Vintage duplex built in 1935 in the downtown core of Morro Bay.
Approved plans to add a 3rd unit.
Current unit mix includes a 2/1 and a 1/1 free‑standing unit, each with its own yard.
Rear two‑car garage on the property.
Roof and rain gutters were recently replaced.
Qualifies for a short‑term vacation rental license.

We can help!

Contact an agent

James Kelsey

Learn more

For Sale

$1,030,000

A vintage duplex with replaced roofing and approved plans to add a third unit, plus possible ADUs and a short-term license option.

Type:Multi Family

Added:: May 16, 2026
Days on Market:: 42
Last Refresh:: Jun 24 at 4:56 am

Property Features for 260 Pacific St

General Information

Standard status: Active
Property subtype: Multi Family

Building Details

Year Built: 1935

We can help!

Contact an agent

James Kelsey

Listing office Century 21 Masters-Arroyo Grande

Listing date May 16, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters-Arroyo Grande

HighLights

Vintage duplex built in 1935 in the downtown core of Morro Bay.
Approved plans to add a 3rd unit.
Current unit mix includes a 2/1 and a 1/1 free‑standing unit, each with its own yard.
Rear two‑car garage on the property.
Roof and rain gutters were recently replaced.
Qualifies for a short‑term vacation rental license.

Overview

This vintage duplex includes two free-standing units: a 2/1 and a 1/1. Each unit has its own yard, and the property also features a rear two-car garage. The roof and rain gutters were recently replaced, helping reduce near-term maintenance concerns.

The property is positioned in the downtown core and is described as being close to the Embarcadero, supporting flexibility for both long-term tenants and short-term vacation rental use. Public remarks also state that the property qualifies for a short term vacation rental license.

From a buyer’s standpoint, the existing duplex can serve as income-producing residential housing while also offering development flexibility. The listing notes approved plans for a third unit, and that the property may accommodate additional ADU and a Jr. ADU. This configuration may appeal to an owner-operator, an investor seeking to expand the existing setup, or a family looking for a vacation-oriented property with potential to increase on-site housing units, subject to permitting and approval.

Location Intelligence

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Duplexes

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Local Demand

City: Morro Bay
County: San Luis Obispo
State: California
Longitude: -120.8505489
Latitude: 35.364765

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For sale
Duplexes
CA
Morro Bay
93442
260 Pacific St

What type of property is this?

Duplex - A vintage duplex with replaced roofing and approved plans to add a third unit, plus possible ADUs and a short-term license option.

Where is this duplex located?

The property is located at 260 Pacific St Morro Bay, CA.

What is the asking price?

The asking price for this property is $1,030,000.

What are key features of this property?

This property features: Vintage duplex built in 1935 in the downtown core of Morro Bay.; Approved plans to add a 3rd unit.; Current unit mix includes a 2/1 and a 1/1 free‑standing unit, each with its own yard.