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Sold for $990,000
    • Listed by: Century 21 Masters • James Kelsey • Contact: 805-709-4828
    Bought with: Century 21 Masters
    $990,000

    260 Pacific St, Morro Bay, CA 93442

    3beds
    2baths
    1,500sqft
    Duplex
    Built in 1935
    -- sqft lot
    $990,100 Zestimate®
    $660/sqft
    $2,960 Estimated rent

    Home value

    $990,100

    $921,000 - $1.06M

    $2,960/mo

    Zestimate® history
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    What's special

    Two blocks from the water, location, location, location! Opportunity knocks with this possible development property in the downtown core of morro Bay. This vintage duplex has two separate houses and 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Kelsey DRE #01354722 805-709-4828,

    Century 21 Masters

    Bought with:

    James Kelsey, DRE #01354722

    Century 21 Masters

    Source: CRMLS,MLS#: PI26106185MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 5,808 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 066115004
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Subdivision: Embarcadero(750)
    Location
    • Region: Morro Bay

    Financial & listing details

    • Price per square foot: $660/sqft
    • Tax assessed value: $724,330
    • Date on market: 5/15/2026
    • Cumulative days on market: 68 days
    • Listing terms: 1031 Exchange

    Price history

    DateEventPrice
    8/5/2026Sold$990,000-3.9%$660/sqft
    Source: CRMLS #PI26106185 Report a problem
    7/22/2026Pending sale$1,030,000$687/sqft
    Source: CRMLS #PI26106185 Report a problem
    5/15/2026Listed for sale$1,030,000-7.6%$687/sqft
    Source: CRMLS #PI26106185 Report a problem
    8/27/2025Listing removed$1,115,000-3%$743/sqft
    Source: SDMLS #PI25103593 Report a problem
    6/23/2025Listed for sale$1,150,000+100%$767/sqft
    Source: SDMLS #PI25103663 Report a problem
    6/9/2016Sold$575,000-3.4%$383/sqft
    Source: Public Record Report a problem
    4/26/2016Pending sale$595,000$397/sqft
    Source: Franklin Real Estate & Rentals #SC1064251 Report a problem
    3/8/2016Listed for sale$595,000$397/sqft
    Source: Franklin Real Estate & Rentals #SC1064251 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $724,330 +2%
    2025$7,827 +1.7%$710,128 +2%
    2024$7,694 +1.8%$696,205 +2%
    2023$7,555 +6.7%$682,555 +2%
    2022$7,082 +1.6%$669,173 +2%
    2021$6,969 +1%$656,053 +1%
    2020$6,897 +1%$649,327 +2%
    2019$6,826 +6.4%$636,596 +6.4%
    2018$6,415 +2%$598,230 +2%
    2017$6,289 +392.5%$586,500 +392.5%
    2016$1,277 $119,079 +1.5%
    2015$1,277 $117,292
    Find assessor info on the county website

    Neighborhood: 93442

    Nearby schools

    GreatSchools rating
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    $990,100
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    With Zillow Showcase(estimated)
    $1,009,902
    Sell for more on Zillow
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    $990,100
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    +$19,802
    With Zillow Showcase(estimated)
    $1,009,902

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