Movoto Real Estate
Sold on 06/13/2019
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992 Pacific St, Morro Bay, CA 93442

$1,026,000

Last sold 06/13/2019 for $747K

  • —

    bed

  • —

    bath

  • 2,200

    Sqft ($340/Sqft)

Multi-family not for sale

About 992 Pacific St

Property type Multi-family
Year built 1978
HOA fee $0/month
Lot size 8,150 Sqft
Movoto estimate
Parking 3 garage spaces
Rental estimate
Property description
Great property and close to the Black Rock State Park. It features a secluded single family 1 bedroom 1 bath home at the rear of a rather deep lot with a fenced yard, and a large 2 bedroom 2 bath apartment, with ocean and mountains views, built over three 1-car garages, at the front of the lot. Tucked behind the garage is a nice studio. Imagine 2 couples buying the property together and using the front and back units for vacation plus having rent from the studio to pay property taxes, insurance, upkeep, etc. Or keep tenants and collect just shy of $50,000 annually. Call your Realtor today to get an appointment to preview. (24-hour notice required.)
Listed by
Listing Agent - Jack Franklin
Listing Office - Franklin Real Estate & Rentals
Source: CRMLS mls logo
MLS#SC19096667 • last updated 7 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.1871
Lot Size (SqFt) 8150
Year Built 1978
Interior
Laundry See Remarks
Exterior
Building Area Square Feet, 2200
# Parking Spaces 3
# Garage Spaces 3
Lot Description Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Luis Obispo
Community Features Biking, Fishing, Golf, Hiking, Park, Watersports, Street Lights
Subdivision Morro Heights (810), Morro Heights (810)
Zoning 20
Directions Hwy1 To Morro Bay Blvd Left On Kern The Left On Pacific On The Right Just Before Kings
APN 66164031
Multifamily Details
Operating Expense 17200
Gross Income 49200
Gross Scheduled Income 49200
Lot/ Land Details
Average Studio Area 450
$1.02M
Range: $574K-$1.47M
Last 30 days 
Rental est.: $1,788/month
Gross rent multiplier: 34.8
  • Mar 2022
    Public Records
  • Mar 21, 2022 Sold
    $338,000 (-54.8%)
  • Jun 2019
    mls logo MLS # SC19096667
  • Jun 14, 2019 Sold
    $747,500
  • Jun 13, 2019 Sold
    $747,500
  • May 10, 2019 Pending
    —
  • May 7, 2019 Listed
    $750,000
  • May 7, 2019 Listed
    $750,000 (+53.1%)
  • Jun 2019
    Public Records
  • Jun 12, 2019 Sold
    $747,500 (-0.3%)
  • Oct 2013
    Public Records
  • Oct 25, 2013 Sold
    $490,000
  • Oct 2013
    mls logo MLS # SC199077
  • Oct 25, 2013 Sold
    $490,000
  • Aug 1, 2013 Listed
    $490,000
  • Year Property taxes Tax assessment
  • 2024
    $9,893 +1.8%
    $895,133
  • 2023
    $9,714 +16.8%
    $895,133 +2.0%
  • 2022
    $8,315 +1.6%
    $877,583 +13.92%
  • 2021
    $8,183 +1.0%
    $770,348 +1.04%
  • 2020
    $8,099 +40.3%
    $762,450
  • 2019
    $5,774 +2.0%
    $762,450 +41.6%
  • 2018
    $5,660 +2.0%
    $538,465 +2.0%
  • 2017
    $5,550 +2.0%
    $527,908 +4.04%
  • 2016
    $5,441 +1.5%
    $507,411
  • 2015
    $5,358
    —
  • 992 Pacific St
    $747K
  • —
  • 93442
    $849K -22% y/y
  • Morro Bay
    $849K -22% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • San Luis Obispo County
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  • 93442
  • 992 Pacific St
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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.
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