1260 Main Street, Morro Bay, California 93442, Morro Bay, 93442 - 2 bed, 1 bath
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Morro Bay, California 93442
Analysis of 1260 Main Street, Morro Bay, California 93442 is currently available with a list price of $719,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Morro Bay Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1952, the property is functional but significantly outdated. The kitchen features older wood cabinetry, laminate countertops, and dated white appliances, while the interior retains mid-century elements like wood-paneled walls and older carpeting. While the structure appears maintained, it lacks modern updates to its fixtures, flooring, and major systems, requiring modernization to meet current market standards.
Situated just steps from Morro Rock and the Embarcadero, this property offers exceptional visibility and proximity to Morro Bay's most popular tourist destinations.
The Community Commercial zoning provides incredible flexibility, allowing for a mix of retail, professional offices, and residential uses, making it an ideal investment for diverse business models.
With a generous 14,810 SF lot, the property offers significant potential for expansion, redevelopment, or the addition of outdoor amenities that are rare in coastal commercial zones.
The property was recently sold within the past year on 2025-03-20. The sold price is $600,000.00.
Built in 1952, the structure likely requires modernization and potential upgrades to meet current building codes and contemporary commercial standards.
The current configuration of only one bathroom for a 1,754 SF mixed-use space may be insufficient for high-traffic commercial operations or multi-tenant residential use.
Located just steps from Morro Rock and the Embarcadero, 1260 Main Street offers 1,754 SF and endless potential. Situated on the main road, this versatile property can serve as a charming coastal getaway, an income-producing Airbnb, or a unique storefront. The property is in the C-2 Community Commercial zoning district, which is intended for walkable, community-oriented commercial areas. This zoning allows for a mix of retail, restaurants, professional and medical offices, and personal services. It also permits residential uses above or behind commercial buildings and as stand-alone developments in select areas. This designation implements the city’s community commercial and mixed-use general plan land use plan, offering flexibility for a variety of uses in the heart of Morro Bay. A rare opportunity to own in this highly desirable coastal location. *** Information deemed reliable but not guaranteed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 3.0 | 33% |
| Square foot | 1,754 | 1,754 | 50% |
| Lot Size | 14,810 | 17,822 | 33% |
| Price | $719.0K | $1.15M | 33% |
| Price per sq ft | $410 | $410 | 50% |
| Built year | 1952 | 1930 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 219 | 370 | 33% |
Sep 15, 2025
$719,000
Initial Listing
Mar 20, 2025
$600,000
Public Record
Sep 22, 2021
$450,000
Public Record