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Sold on 08/25/2020
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234 Pacific St, Morro Bay, CA 93442

$904,000

Last sold 08/25/2020 for $600K

  • —

    bed

  • —

    bath

  • 804

    Sqft ($746/Sqft)

Multi-family not for sale
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About 234 Pacific St

Property type Multi-family
Year built 1938
HOA fee $0/month
Lot size 3,800 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Residential home within close proximity to picturesque Morro Bay harbor and Embarcadero. An incredibly sited parcel conveniently close to world-class dining, Marina Square, shopping, beaches, and downtown. Only a half block to the Embarcadero and harbor. This residence offers a true coastal hideaway of unsurpassed natural beauty. Licensed as a Vacation Rental with increasing monthly year over year income. Immediate receivable 2020 cash flow with future booked reservations. The home's comprised of 2 bedrooms, 1 bathroom, 1 car garage and large private yard. Refreshed from floor to ceiling, carefully furnished, and being enjoyed daily by vacationers from around the globe. The residence offers comfortable living, bedroom space and full kitchen. Large private yard encourage an outdoor living environment. Zoned CVS – Community Visitor Serving, the property is primed positioned to continue as a successful Vacation Rental, primary or second home, or the location invites potential redevelopment. A Premier Partner on VRBO and Superhost on Airbnb. This property has a great track record and is a turn-key opportunity for those looking to invest in a property with expanding future potential.
Listed by
Listing Agent - Patrick Mulholland
Listing Office - Ciano Real Estate Inc.
Source: CRMLS mls logo
MLS#SC20091678 • last updated 6 years ago
Movoto checked CRMLS for data 10 minutes ago
Overview
Levels/Style One, Craftsman
SubType Single Family Residence
Status Closed
Lot Size (Acres) 0.0872
Lot Size (SqFt) 3800
Year Built 1938
Condition Updated/Remodeled
Interior
Laundry Individual Room
Other Room(s) All Bedrooms Down
Appliances Dishwasher, Microwave, Refrigerator, Water Heater
Interior Features Beamed Ceilings, Ceiling Fan(s), Furnished, Granite Counters
Exterior
Foundation Slab
Building Area Square Feet, 804
Roof Composition
Parking Assigned, Garage - Single Door
# Parking Spaces 1
# Garage Spaces 1
Other Structures Storage
Lot Description Back Yard, Level, Paved, Sprinklers Drip System, Value In Land
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric 220 Volts
Spa None
Pool None
Location
View Coastline, Harbor, Landmark
County San Luis Obispo
Community Features Biking, Dog Park, Fishing, Golf, Hiking, Park, Watersports, Preserve/Public Land, Sidewalks
Subdivision Embarcadero(750), Embarcadero(750)
Directions Pacific Street Between Market Ave And Embarcadero On South Side Of The Street.
APN 66301018
Multifamily Details
Operating Expense 33317
Total Expenses 33317
Gross Income 54016
Gross Scheduled Income 54016
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$904K
Range: $705K-$1.1M
Last 30 days 
Rental est.: $1,788/month
Gross rent multiplier: 28.0
  • Aug 2020
    Public Records
  • Aug 25, 2020 Sold
    $600,000
  • Aug 2020
    mls logo MLS # SC20091678
  • Aug 25, 2020 Sold
    $600,000
  • Jul 27, 2020 Pending
    —
  • Jul 13, 2020 Listed
    —
  • Jun 22, 2020 Pending
    —
  • May 13, 2020 Listed
    $595,000
  • Aug 2020
    mls logo MLS # SC20087660
  • Aug 25, 2020 Sold
    $600,000 (+0.8%)
  • Jul 24, 2020 Pending
    —
  • Jul 13, 2020 Listed
    —
  • Jun 22, 2020 Pending
    —
  • May 13, 2020 Listed
    $595,000 (-63.9%)
  • Jul 2016
    mls logo MLS # PI1056739
  • Jul 1, 2016 Expired
    —
  • Jun 30, 2015 Listed
    $470,000 (-6.9%)
  • Jun 30, 2015 Listed
    $505,000
  • May 2016
    Public Records
  • May 20, 2016 Sold
    $1,650,000 (+251.1%)
  • Mar 2015
    mls logo MLS # PI1052735
  • Mar 28, 2015 Cancelled
    —
  • Mar 27, 2015 Canceled
    —
  • Mar 19, 2015 Listed
    $505,000
  • Mar 19, 2015 Listed
    $505,000 (+44.3%)
  • Nov 2003
    Public Records
  • Nov 19, 2003 Sold
    $350,000
  • Year Property taxes Tax assessment
  • 2024
    $7,037 +1.8%
    $636,724 +2.0%
  • 2023
    $6,910 +6.7%
    $624,240 +2.0%
  • 2022
    $6,476 +1.6%
    $612,000 +2.0%
  • 2021
    $6,374 +63.0%
    $600,000
  • 2020
    $3,909 +1.0%
    $600,000 +63.03%
  • 2019
    $3,869 +2.0%
    $368,025 +2.0%
  • 2018
    $3,793 +2.0%
    $360,810 +2.0%
  • 2017
    $3,719 -18.4%
    $353,736 -16.77%
  • 2016
    $4,557 +19.4%
    $425,000
  • 2015
    $3,816
    —
  • 234 Pacific St
    $600K
  • —
  • 93442
    $885K -29% y/y
  • Morro Bay
    $890K -28% y/y
No chart available
Statistics calculated by Movoto

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7/10
Del Mar Elementary School
public Grades K-5
San Luis Coastal Unified School District
7/10
Los Osos Middle School
public Grades 6-8
San Luis Coastal Unified School District
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 10/27/2026. 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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