$911,780
$985,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
695 Olive ST Morro Bay, CA 93442
3 Beds
2 Baths
1,648 SqFt
Key Details
Sold Price $911,780
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,648 sqft
Price per Sqft $553
Subdivision Morro Heights (810)
MLS Listing ID SC22256766
Sold Date 02/01/23
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1952
Lot Size 6,298 Sqft
Property Description
Check out this property with two homes on a corner lot in the heights of Morro Bay. The main house has 2 bedrooms, 1 bath, with hardwood floors in the living room, bonus room, and both bedrooms. Both the large kitchen and bath have vinyl flooring. The home features a nice fireplace and has an ocean view deck off the kitchen, and a downstairs workshop, storage room, and laundry room. For those that have an artistic touch the home could use a new coat of paint inside and out and new vinyl flooring in the kitchen and bathroom. There is lots of space to putter in the two-car detached garage, or in the professionally designed landscape with an herbal garden. It also has a separate front yard patio deck for entertaining your neighbors. The other home has 1 bedroom, 1 bath, it's quaint and clean with a nice ocean view deck, a new roof, a new hot water heater, and the exterior was freshly painted also. Both homes are tenant occupied on a month-to-month tenancy with total rents of $2,800 per month. The property is perfect for a retired couple to enjoy and have additional income to pay for taxes, insurance, and upkeep or keep as an investment rental property. Within walking distance to Morro Bay's famous Embarcadero, a short drive to Hearst Castle, the north county with over 432 wineries, and the Mission of San Luis Obispo.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Zoning R2
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Up, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry Gas Dryer Hookup, Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Golf, Hiking, Park, Water Sports
View Y/N Yes
View Bay, Marina, Ocean, Rocks
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District San Luis Coastal Unified
Others
Senior Community No
Tax ID 066187005
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Lease Land No
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Bought with Sarah Diggs • Vintage Investment Properties