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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

    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.

    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#: SC22256766MLS LogoOriginating 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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