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Sold for $920,000
  • Listing Provided by: Realty World Advantage
    Bought with: NONMEMBER MRML
    $920,000

    240 Pacific St, Morro Bay, CA 93442

    2beds
    768sqft
    Duplex
    Built in 1930
    3,150 Square Feet Lot
    $926,100 Zestimate®
    $1,198/sqft
    $2,753 Estimated rent

    Home value

    $926,100

    $852,000 - $1.01M

    $2,753/mo

    Zestimate® history
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    What's special

    Foundation levelingFull kitchenNew decksBedroom spaceComfortable livingTwo onsite parking spaces
    Currently a cash-flowing property with six-figure earnings, located half a block from Morro Bay Embarcadero and marine life, you don’t want to miss out on this two-unit residential complex overlooking picturesque Morro Rock and its surroundings. An incredible sited parcel steps away from dining, Marina Square, shopping, beaches, and downtown. This duplex offers a true coastal hideaway of unsurpassed natural beauty. The duplex each includes 1 bedroom and 1 bathroom and are enjoyed by visitors around the globe. Both residences were recently remodeled from ground up, including foundation leveling, new decks, and high-end luxury vinyl plank flooring. This coastal getaway offers comfortable living, bedroom space, a full kitchen, and decks that encourage an outdoor living environment. Two onsite parking spaces and one reserved space for the owner. This is a great business opportunity for those looking to invest in a property with expanding future potential.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Kimberly Cade DRE #02210603 805-405-6271,

    Realty World Advantage

    Bought with:

    Jerry Baker, DRE #01423355

    NONMEMBER MRML

    Source: CRMLS,MLS#: SC25269318MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bidet, Bathroom Exhaust Fan, Bathtub, Low Flow Plumbing Fixtures, Quartz Counters, Separate Shower, Upgraded
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Quartz Counters, Remodeled, Updated Kitchen
    Heating
    • Ductless, Wall Furnace
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Gas Oven, Gas Water Heater, Microwave, Tankless Water Heater, Water Heater
    • Laundry: Common Area
    Features
    • Furnished, High Ceilings, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary
    • Flooring: Vinyl
    • Windows: Casement Window(s), Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Electric
    • Furnished: Yes
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 768 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Assigned, Paved
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Patio & porch: Deck, Front Porch
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Bay, Coastline, Landmark, Ocean, Rocks, Water
    • Has water view: Yes
    • Water view: Bay,Coastline,Ocean,Water
    Lot
    • Size: 3,150 sqft
    • Features: Drip Irrigation/Bubblers, Sprinklers In Front, Irregular Lot, Level, Sprinklers Timer, Sprinkler System
    Details
    • Additional structures: Shed(s)
    • Parcel number: 066301017
    • Zoning: CSV
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Concrete, Vertical Siding
    • Foundation: Combination, Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Morro Bay
    • Subdivision: Embarcadero(750)

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/29/2026Sold$920,000-4.7%$1,198/sqft
    Source: CRMLS #SC25269318 Report a problem
    4/16/2026Pending sale$965,000$1,257/sqft
    Source: CRMLS #SC25269318 Report a problem
    3/25/2026Contingent$965,000$1,257/sqft
    Source: CRMLS #SC25269318 Report a problem
    1/1/2026Price change$965,000-3.5%$1,257/sqft
    Source: CRMLS #SC25269318 Report a problem
    12/3/2025Listed for sale$1,000,000+37%$1,302/sqft
    Source: CRMLS #SC25269318 Report a problem
    3/29/2024Sold$730,000-8.6%$951/sqft
    Source: CRMLS #SC24038374 Report a problem
    3/19/2024Pending sale$799,000$1,040/sqft
    Source: CRMLS #SC24038374 Report a problem
    3/4/2024Contingent$799,000$1,040/sqft
    Source: CRMLS #SC24038374 Report a problem
    2/25/2024Listed for sale$799,000+36.6%$1,040/sqft
    Source: CRMLS #SC24038374 Report a problem
    6/16/2020Sold$585,000+30%$762/sqft
    Source: Public Record Report a problem
    12/27/2015Listing removed$450,000$586/sqft
    Source: Coldwell Banker Premier Real Estate #1056738 Report a problem
    11/17/2015Price change$450,000-7.2%$586/sqft
    Source: Coldwell Banker Premier Real Estate #1056738 Report a problem
    7/1/2015Listed for sale$485,000$632/sqft
    Source: Coldwell Banker Premier Real Estate #1056738 Report a problem
    3/31/2015Listing removed$485,000$632/sqft
    Source: Coldwell Banker Premier Real Estate #1052734 Report a problem
    3/20/2015Listed for sale$485,000+38.6%$632/sqft
    Source: Coldwell Banker Premier Real Estate #1052734 Report a problem
    11/19/2003Sold$350,000$456/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,207 +18.4%$744,600 +18.7%
    2024$6,932 +1.8%$627,235 +2%
    2023$6,807 +6.7%$614,937 +2%
    2022$6,380 +1.6%$602,880 +2%
    2021$6,279 +58.3%$591,060 +58.3%
    2020$3,967 +1%$373,438 +2%
    2019$3,926 +2%$366,116 +2%
    2018$3,849 +2%$358,938 +2%
    2017$3,773 -15.2%$351,900 -15.2%
    2016$4,450 $415,000 +27.7%
    2015$4,450 +50.2%$325,000 +10.2%
    2014$2,962 $295,000
    2012-- $295,000 -24%
    2011-- $388,412 +0.8%
    2010-- $385,510 -0.2%
    2009-- $386,426 +2%
    2008-- $378,850 +2%
    2007-- $371,422 +2%
    2006-- $364,140 +2%
    2005-- $357,000 +2%
    2004-- $350,000 +224.6%
    2003-- $107,830 +2%
    2002-- $105,717 +2%
    2001-- $103,645

    Find assessor info on the county website

    Neighborhood: 93442

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