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    Morro Bay, CA Short Term Rental Properties for Sale

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    Los Osos, CA Cayucos, CA San Luis Obispo, CA
    Vintage Duplex with Development Plans
    $1,030,000
    Vintage Duplex with Development Plans

    260 Pacific St, Morro Bay, CA 93442

    A vintage duplex with replaced roofing and approved plans to add a third unit, plus possible ADUs and a short-term license option.
    • 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.
    Updated: May 16
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    Morro Bay Development Opportunity
    $1,075,000
    Morro Bay Development Opportunity

    260 Pacific, Morro Bay, CA 93442

    Vintage duplex with approved plans for a 3rd unit.
    • Approved plans for a 3rd unit, offering immediate development potential.
    • Potential for an additional ADU and a Jr. ADU, maximizing rental income.
    • Qualifies for a short term vacation rental license, increasing revenue possibilities.
    • Existing duplex with a 2/1 and a 1/1 unit, providing current rental income.
    • Prime downtown core location in Morro Bay, close to the Embarcadero.
    Updated: Oct 6, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Mixed-Use Building with Penthouse
    $3,150,000
    6,911 SF
    Downtown Mixed-Use Building with Penthouse

    Four-floor penthouse with private elevator plus restaurant, retail/office, and short-term rental unit.

    437 2nd Street, Solvang, CA 93463

    View details
    Downtown Restaurant and Retail Building
    $3,150,000
    6,911 SF
    Downtown Restaurant and Retail Building

    Restaurant with patio, multiple retail/office spaces, and a four-floor penthouse reached by a private elevator.

    437 2nd Street, Solvang, CA 93463

    View details
    Renovated 4-Unit Multifamily Building
    $2,150,000
    2,898 SF
    Renovated 4-Unit Multifamily Building

    Renovated 1910-era two-story quadplex with one- and two-bedroom units plus secured entry and on-site laundry.

    1033 E Santa Clara Street, Ventura, CA 93001

    View details
    Ventura Four-Unit Building
    $2,250,000
    2,898 SF
    Ventura Four-Unit Building

    Renovated four-unit building near downtown Ventura and the beach.

    1033 E Santa Clara Street, Ventura, CA 93001

    View details

    Morro Bay, CA Short Term Rental Properties Market Trends and Statistics

    Explore 2 short term rental properties for sale in Morro Bay, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,075,000.

    Sale prices for short term rental properties in Morro Bay, CA start at $1,075,000, averaging $1,075,000, and reaching up to $1,075,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 3
    Duplexes 2
    Mobile home & RV parks 2

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.3%
    Median Household Income $92,163
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Morro Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93442 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $12.55 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Luis Obispo County

    Retail

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