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Sold on 03/27/2013
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831 Pacific St, Morro Bay, CA 93442

$1,970,000

Last sold 03/27/2013 for $866K

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    bed

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    bath

Multi-family not for sale
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About 831 Pacific St

Property type Multi-family
Year built 1982
HOA fee $0/month
Lot size 9,714 Sqft
Movoto estimate
Rental estimate
Property description
Marketing Remarks: Incredible opportunity to own income property in the picturesque seaside village of Morro Bay. One large 3-bedroom owners unit with ocean views and a huge deck, 3 extra large 2-bedroom units, and a studio. Very desirable location, short distance to downtown and the Embarcadero. Always fully rented and room for rent increases. Separate utilities, including water. Property goes street to paved alley with 8 garages, 4 each front and back. Well built and low maintenance, this property is for the investor that appreciates high quality. Owner will carry small second.
Listed by
Listing Agent - Kevin King
Listing Office - King Properties
Source: CRMLS mls logo
MLS#SL191525 • last updated 9 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Multi/Split
Type Residential Income
Status Closed
Lot Size (Acres) 0.22
Lot Size (SqFt) 9714
Year Built 1982
Interior
Interior Features Storage
Exterior
Foundation Slab
Building Area 5372
Parking Covered
Lot Description Paved, Level With Street, Sprinkler System
Location
County San Luis Obispo
Community Features Sidewalks, Curbs, Street Lights
Subdivision Morro Heights(810), Morro Heights(810)
Zoning R4
APN 66075020
Multifamily Details
Operating Expense 14312
Gross Operating Income 64200
$1.97M
Range: $1.3M-$2.63M
Last 30 days 
Rental est.: $1,788/month
Gross rent multiplier: 40.4
  • Mar 2017
    mls logo MLS # SL191525
  • Mar 10, 2017 Sold
    $866,650
  • Nov 14, 2012 Listed
    $925,000
  • Mar 2013
    Public Records
  • Mar 27, 2013 Sold
    $867,000 (-6.3%)
  • Year Property taxes Tax assessment
  • 2024
    $11,563 +1.8%
    $1,046,282 +2.0%
  • 2023
    $11,354 +6.7%
    $1,025,767
  • 2022
    $10,642 +1.6%
    $1,025,767 +4.04%
  • 2021
    $10,473 +1.0%
    $985,937 +1.04%
  • 2020
    $10,366 +1.0%
    $975,828
  • 2019
    $10,258 +2.0%
    $975,828 +2.0%
  • 2018
    $10,057 +2.0%
    $956,695 +2.0%
  • 2017
    $9,860 +2.0%
    $937,937 +4.04%
  • 2016
    $9,667 +1.5%
    $901,517
  • 2015
    $9,519
    —
  • 831 Pacific St
    $866K
  • —
  • 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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CRMLS Multiple Listing Service™ system
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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