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.
Sold for $911,780 on 02/01/23
Listing Provided by:
Jack Franklin DRE #00426210 805-459-3055,
Franklin Real Estate & Rentals
$911,780
695 Olive St, Morro Bay, CA 93442
3beds
1,648sqft
Single Family Residence
Built in 1952
6,300 Square Feet Lot
$-- Zestimate®
$553/sqft
$3,613 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 28, 2023 at 01:57pm
Listing Provided by:
Jack Franklin DRE #00426210 805-459-3055,
Franklin Real Estate & Rentals
Bought with:
Sarah Diggs, DRE #01391621
Vintage Investment Properties
Source: CRMLS,MLS#: SC22256766
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Cooling
- None
Appliances
- Laundry: Gas Dryer Hookup, Laundry Room
Features
- All Bedrooms Up, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
- Has basement: Yes
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,648 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Has view: Yes
- View description: Bay, Marina, Ocean, Rocks
- Has water view: Yes
- Water view: Bay,Marina,Ocean
Lot
- Size: 6,300 sqft
- Features: Corner Lot
Details
- Parcel number: 066187005
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Golf, Hiking, Park, Water Sports
Location
- Region: Morro Bay
- Subdivision: Morro Heights (810)
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability

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