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About This Home
This 3-bedroom, 2-bathroom multi-family at 260 Pacific in Morro Bay, CA is listed for $1,030,000 ($687 per sqft). Built in 1935, the home offers 1,500 sqft of living space on a 0.13 acres lot.
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. For more information or to schedule a showing, please call Jim Kelsey with Century 21 Masters, at 805-709-4828.
Key Features
- Built in 1935
- 0.13 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$5,509/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
260 Pacific
Morro Bay, CA 93442
Embarcadero(750)
Features & Amenities
Exterior Features
Questions & Answers
This 3-bedroom, 2-bathroom multi-family at 260 Pacific is listed at $1,030,000 ($687/sqft). The estimated monthly payment is $4,463 based on 20% down at 6.5% interest.
Key features include: Built in 1935, 0.13 acre lot, 2 parking spaces. Exterior Features: Community Features Included: Street Lights, Sidewalks, 2-5 Units/Acre.
This property is listed by James Kelsey and can be reached at 8057094828 or jim.kelsey1@gmail.com.
