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260 Pacific — Morro Bay | Belmont Brokerage

Pending

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$1,030,000

5,808 sqft lot|1935 Built|68 DOM

260 Pacific, Morro Bay, CA 93442

Property Description

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.

Listing provided by: James KelseyDRE #01354722805-489-2100 jim.kelsey1@gmail.com, Century 21 Masters

MLS #: PI26106185