Morro Bay, CA 93442,695 Olive ST
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Morro Bay, CA 93442,695 Olive ST
Morro Bay, CA 93442,695 Olive ST
Morro Bay, CA 93442,695 Olive ST
Morro Bay, CA 93442,695 Olive ST

$911,780

Est. payment /mo

$985,000

7.4%
Est.Price: ?

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695 Olive ST Morro Bay, CA 93442

3 Beds

2 Baths

1,648 SqFt

SOLD DATE : 02/01/2023

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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California Regional MLS (CRMLS)
Listed by Jack Franklin • Franklin Real Estate & Rentals • 805-459-3055
Bought with Sarah Diggs • Vintage Investment Properties

Tari Haberfield

Agent | SCKELLWILL01918524

+1(805) 234-6882

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