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240 Pacific St

Morro Bay, CA 93442

2 bd 2 ba 768 sqft Built 1930 Lot 3,149 sqft multi_family
Most recent sale
$730,000
Mar 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Sold $730,000 CRMLS
Feb 25, 2024 Listed $799,000 CRMLS
Feb 24, 2024 Listing removed CRMLS
Jan 19, 2024 Price changed $799,000 CRMLS
Jan 5, 2024 Price changed $849,500 CRMLS
Nov 30, 2023 Price changed $895,500 CRMLS
Nov 13, 2023 Listed $950,000 CRMLS
Jun 16, 2020 Sold $585,000 Public Record
May 20, 2016 Sold $1,650,000 Public Record
Jan 29, 2016 Listing removed $450,000 CentralCoast
Nov 13, 2015 Price changed $450,000 CentralCoast
Jun 30, 2015 Listed $485,000 CentralCoast
Mar 29, 2015 Listing removed $485,000 CentralCoast
Mar 19, 2015 Listed $485,000 CentralCoast
Nov 19, 2003 Sold $350,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $209,100 $535,500 $744,600 $8,207
2024 $209,100 $535,500 $744,600 $6,931
2023 $141,907 $473,030 $614,937 $6,806
2022 $139,125 $463,755 $602,880 $6,379
2021 $136,398 $454,662 $591,060 $6,278
2020 $48,709 $324,729 $373,438 $3,966
2019 $47,754 $318,362 $366,116 $3,925
2018 $46,818 $312,120 $358,938 $3,848
2017 $45,900 $306,000 $351,900 $3,773
2016 $65,000 $350,000 $415,000 $4,449
2015 $50,000 $275,000 $325,000 $3,483
2014 $40,000 $255,000 $295,000 $2,961
2013 $40,000 $255,000 $295,000 $2,961
2012 $40,000 $255,000 $295,000 $2,961
2010 $55,486 $332,926 $388,412 $3,866
2009 $55,203 $331,223 $386,426 $3,872
2008 $54,121 $324,729 $378,850 $3,796
2007 $53,060 $318,362 $371,422 $3,722

Property facts

Year built
1930
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
768 sqft
Lot size
3,149 sqft
ZIP code
93442
City
Morro Bay
Street
Pacific St
Coordinates
35.36476, -120.85193

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,458
Gross rental yield
4.04%
Implied cap rate
2.63%
Trend-extrapolated value

Frequently asked questions

When did 240 Pacific St last sell?
240 Pacific St most recently sold on Mar 29, 2024 for $730,000.
What is the current tax assessment for 240 Pacific St?
The most recent total assessment for 240 Pacific St (year 2025) is $744,600 with $8,207 in property tax.
How does 240 Pacific St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $730,000.
When was 240 Pacific St built?
240 Pacific St was built in 1930.
How does 240 Pacific St compare to others on Pacific St?
We track 8 other properties on Pacific St. Browse the list under "Other properties on Pacific St" to compare beds, baths, and sale history.
What are the property facts for 240 Pacific St?
240 Pacific St is a 2 bed, 2 bath, 768 sqft, 3,149 sqft lot multi_family.
Is 240 Pacific St a flip candidate?
No — 240 Pacific St does not appear in our flips dataset.
Is 240 Pacific St a tax-appeal candidate?
No — 240 Pacific St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.7%
Implied 1-yr
-6.9%
2026 Q3
$673K
2026 Q4
$659.9K
ZIP 93442 — Median Price History + Forecast

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