Morro Bay, CA 93442,695 Olive Street
Morro Bay, CA 93442,695 Olive Street
Morro Bay, CA 93442,695 Olive Street
$911,780
Est. payment /mo
$985,000
7.4%
Est.Price: ?

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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 Detached

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

Year Built 1952

Property Sub-Type Detached

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

Zoning R2

Direction Hwy 1 to Morro Bay Blvd to Piney Way to Olive

Interior

Fireplaces Type FP in Living Room

Fireplace No

Laundry Gas

Exterior

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Public

View Bay, Ocean, Marina, Rocks

Total Parking Spaces 2

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Jack Franklin Franklin Real Estate & Rentals
Bought with Sarah Diggs Vintage Investment Properties
Kobe Zimmerman

+1(858) 753-3353

kobezimmerman@bhhscal.com

Serving San Diego County, United States

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