NOT LISTED FOR SALE

992 Pacific St Morro Bay, CA 93442

3 Beds
4 Baths
2,200 Sq Ft
8,150 Sq Ft Lot

Last Sold June 13, 2019

Last sale price $747,500 $340 Per Sq Ft

3 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Laundry Room
  • Del Mar Elementary School Rated A-
  • Hiking Trails
  • Level Lot

About This Home

As of June 2019

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.)

Last Agent to Sell the Property

Jack Franklin

Franklin Real Estate & Rentals License #00426210 Listed on: 05/07/2019

Last Buyer's Agent

Kathy Mizell

Home & Ranch Sotheby's Intl License #00887086

Home & Ranch Sotheby's Intl

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,150 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • 2,200 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 066164031

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $7,500
  • Gross Income $49,200
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • Zoning: 20
  • Property Type: Residential Income
  • Parcel Number: 066164031
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 339.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Golf, Hiking, Park, Watersports, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 8150.00
  • Lot Size Acres: 0.1871

Multi Family

  • Average1 Bed Area: 750 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Average Studio Area: 450 Square Feet
  • Gross Income: 49200.00
  • Gross Scheduled Income: 49200.00
  • Lot Size Area: 8150.0000 Square Feet
  • Net Operating Income: 32000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 17200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Census Tract: 106.02

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $747,500 -0.3% $340 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $750,000 +53.1% $341 / Sq Ft
10/25/2013 10/25/13 Sold $490,000 0.0% $204 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $490,000 -- $204 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jack Franklin

    Seller's Agent in 2019

    Jack Franklin

    Franklin Real Estate & Rentals

    (805) 459-3055

    7 in this area

    14 Total Sales

    Jack Franklin
    Section Image

  • K

    Buyer's Agent in 2019

    Kathy Mizell

    Home & Ranch Sotheby's Intl

    (805) 434-9700

    5 in this area

    12 Total Sales

    Kathy Mizell
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC19096667

California Regional Multiple Listing Service (CRMLS)

APN: 066-164-031

California San Luis Obispo County Morro Bay 93442

992 Pacific St, Morro Bay, CA

This home is located at 992 Pacific St, Morro Bay, CA 93442 since 07 May 2019. This property was built in 1978. 992 Pacific St is a home located in San Luis Obispo County with nearby schools including Del Mar Elementary School, Los Osos Middle School, and Morro Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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