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Sold on 07/13/2020
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218 Pacific St, Morro Bay, CA 93442

$1,293,000

Last sold 07/13/2020 for $850K

  • 4

    bed

  • 3

    bath

  • 1,580

    Sqft ($538/Sqft)

Multi-family not for sale
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About 218 Pacific St

Property type Multi-family
Year built 1946
HOA fee $0/month
Lot size 2,800 Sqft
Movoto estimate
Property description
A 5 Star three-unit residential complex overlooking picturesque Morro Bay harbor, Embarcadero, and Rock. An incredible sited parcel conveniently close to world-class dining, Marina Square, shopping, beaches, and downtown. Only a half block to the Embarcadero and harbor. This three-residence group offers a true coastal hideaway of unsurpassed natural beauty. Individually licensed as Vacation Rentals with increasing monthly year over year income. Immediate receivable 2020 cash flow with future booked reservations. Comprised of a 2 bedroom 1 bath, and two studio units. All refreshed from floor to ceiling, carefully furnished, and being enjoyed daily by vacationers from around the globe. Each residence offers comfortable living, bedroom space and full kitchen. Patios, decks, and large private courtyard encourage an outdoor living environment. Zoned CVS – Community Visitor Serving, the property is primed positioned to continue as a successful Vacation Rental, full time rental, or the location invites modern redevelopment. A Premier Partner on VRBO and Superhost on Airbnb. This offering has a great track record and is a growing turn-key business opportunity for those looking to invest in a property with expanding future potential.
Listed by
Listing Agent - Frankie Ciano
Listing Office - Ciano Real Estate Inc.
Source: CRMLS mls logo
MLS#SC20091500 • last updated 6 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style One, Cottage, Triplex
SubType Triplex
Status Closed
Living Area 1580
Lot Size (Acres) 0.0643
Lot Size (SqFt) 2800
Year Built 1946
Condition Turnkey
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 4
Laundry None
Appliances Barbecue, Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Water Heater
Interior Features Ceiling Fan(s), Furnished, Granite Counters, Living Room Deck Attached, Tile Counters, Track Lighting
Accessibility Features Parking
Exterior
Construction Stucco
Roof Rolled/Hot Mop
Parking Assigned, Paved, Parking Space
Lot Description Landscaped, Near Public Transit
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View Dunes, Bay, Coastline, Landmark, Marina, Ocean, Panoramic, White Water
County San Luis Obispo
Community Features Biking, Curbs, Dog Park, Fishing, Foothills, Golf, Hiking, Gutters, Park, Watersports, Preserve/Public Land, Storm Drains, Street Lights
Subdivision Embarcadero(750), Embarcadero(750)
High School District San Luis Coastal Unified
Directions Pacific Street Between Market Ave And Embarcadero On South Side Of The Street.
APN 66301033
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$1.29M
Range: $775K-$1.81M
Last 30 days 
  • Jul 2020
    mls logo MLS # SC20091628
  • Jul 13, 2020 Sold
    $850,000
  • Jun 1, 2020 Pending
    —
  • May 13, 2020 Listed
    $795,000
  • Jul 2020
    mls logo MLS # SC20091500
  • Jul 13, 2020 Sold
    $850,000
  • Jul 13, 2020 Sold
    $850,000
  • Jun 2, 2020 Pending
    —
  • Jun 1, 2020 Pending
    —
  • May 13, 2020 Listed
    $795,000
  • May 13, 2020 Listed
    $795,000 (-76.3%)
  • Jul 2020
    Public Records
  • Jul 10, 2020 Sold
    $850,000 (-70.5%)
  • May 2020
    mls logo MLS # SC20094873
  • May 30, 2020 Active
    —
  • May 18, 2020 Listed
    $2,880,000
  • May 2020
    mls logo MLS # SC19083813
  • May 13, 2020 Listed
    $2,880,000
  • Mar 18, 2020 Pending
    —
  • Feb 20, 2020 Listed
    —
  • Feb 4, 2020 Active
    —
  • Apr 12, 2019 Listed
    $3,450,000
  • Apr 12, 2019 Listed
    $3,450,000
  • May 2020
    mls logo MLS # SC19074578
  • May 13, 2020 Listed
    $2,880,000 (+262.3%)
  • Mar 18, 2020 Pending
    —
  • Feb 20, 2020 Listed
    —
  • Feb 4, 2020 Active
    —
  • Oct 4, 2019 Price Change
    $3,350,000 (-0.7%)
  • Aug 30, 2019 Price Change
    $3,375,000 (-1.5%)
  • Jul 5, 2019 Price Change
    $3,425,000 (-0.7%)
  • Apr 12, 2019 Listed
    $3,450,000 (+2.2%)
  • Apr 2019
    mls logo MLS # 14736360
  • Apr 12, 2019 Listed
    $3,375,000
  • Apr 2019
    mls logo MLS # 14735904
  • Apr 12, 2019 Listed
    $3,375,000 (+104.5%)
  • May 2016
    Public Records
  • May 20, 2016 Sold
    $1,650,000
  • May 2016
    mls logo MLS # PI1053272
  • May 20, 2016 Sold
    $1,650,000 (-21.4%)
  • Mar 28, 2015 Listed
    $2,100,000 (+500.0%)
  • Nov 2003
    Public Records
  • Nov 19, 2003 Sold
    $350,000
  • Year Property taxes Tax assessment
  • 2024
    $9,969 +1.8%
    $902,026
  • 2023
    $9,789 +6.7%
    $902,026 +4.04%
  • 2022
    $9,175 +1.6%
    $867,000 +2.0%
  • 2021
    $9,029 +96.3%
    $850,000 +96.32%
  • 2020
    $4,599 +1.0%
    $432,971
  • 2019
    $4,552 +2.0%
    $432,971 +2.0%
  • 2018
    $4,462 +2.0%
    $424,482 +2.0%
  • 2017
    $4,375 -2.9%
    $416,160 -1.0%
  • 2016
    $4,507 +13.6%
    $420,357
  • 2015
    $3,966
    —
  • 218 Pacific St
    $850K
  • —
  • 93442
    $849K -22% y/y
  • Morro Bay
    $849K -22% y/y
No chart available
Statistics calculated by Movoto

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8/10
Morro Bay High School
public Grades 9-12
San Luis Coastal Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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