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685 Kings Ave

Morro Bay, CA 93442

– beds
– baths
– sqft
~1/2 acre lot
1930 build
– on site

Great investment opportunity in the heights of Morro Bay! This Spanish-style five-unit apartment complex offers incredible potential, featuring one 2-bedroom unit, one studio, and three 1-bedroom apartments. Original hardwood flooring runs through all living rooms, and apartments 1 and 2 offer views of Morro Rock. The front lot, which includes the building, is 13,733 sq. ft., while the rear lot adds an additional 5,000 sq. ft. Combined, the two total approximately 18,733 sq. ft. (0.43 acres), offering a rare opportunity in this highly desirable location. Conveniently located near downtown Morro Bay, with easy access to the highway, and close to Black Hill and the golf course. Whether you’re seeking an income-producing property or a unique renovation project, this is a rare find! Buyer to verify all information and conduct their own due diligence regarding lot size, zoning, and development potential. Agents please see private remarks.

Listed By CRMLS_CA / Natalie Boudreau White / BHGRE HAVEN PROPERTIES / 805-975-5063

Last checked: Checking… • Last updated Apr 22, 2025 •

MLS# SC25082846 —

This property is listed in more than one place. See it here, and here.

The Building

Year Built:

1930
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3066.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

1
Roof:

Tile
Stories Total:

1
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Electric Meters:

5

Interior

Features:

Beamed Ceilings
Levels:

One
Entry Location:

1
Flooring:

Laminate, Wood
Room Type:

Kitchen, Living Room
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Common Area
Laundry:

1

Location

Directions:

On the corner of Kings & Las Tunas
Latitude:

35.36504400
Longitude:

-120.83757900

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

0-1 Unit/Acre, Corner Lot
Lot Size Area:

18733.0000
Lot Size Acres:

0.4301
Lot Size SqFt:

18733.00
Lot Size Source:

Assessor
View:

1
View:

Ocean, Water
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

066-082-048
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Trust
Parcel Number:

066082049

Heating & Cooling

Cooling:

No
Cooling:

None

Utilities

Utilities:

Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Oven
Included:

Yes

The Community

Subdivision:

Morro Heights (810)
Subdivision:

Morro Heights (810)
Neighborhood:

Heights
Features:

Golf, Hiking
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Gravel
Parking Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/17/25 Apr 17, 2025	Listed / Active	CRMLS_CA	$1,745,000

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This multifamily located in Morro Bay, CA 93442 is currently for sale for $1,745,000. 685 Kings Ave is a – square foot multifamily with – beds and – baths that has been on Estately for 5 days. This multifamily is in the attendance area of Morro Bay High School, Los Osos Middle School, and Del Mar Elementary School.

Listing Courtesy of: CRMLS_CA and BHGRE HAVEN PROPERTIES. Based on information from California Regional Multiple Listing Service, Inc. as of 19:34 on Apr 22.

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.