$799,950

540 Avalon St Morro Bay, CA 93442

Estimated payment $4,756/month

Total Views 17,580
2 Beds
2.5 Baths
1,210 Sq Ft
$661 Price per Sq Ft

Highlights

  • Ocean View
  • Art Studio
  • No HOA
  • Del Mar Elementary School Rated A-
  • Fishing
  • Home Office

About This Home

This home offers several options. Currently two one bedroom units with an additional art studio/bonus unit and separate laundry room with third bathroom. Has recently been updated inside and out with new flooring, paint, windows and ceiling fans. Downstairs features new granite kitchen counters and gas stove with a quiet landscaped yard for outdoor enjoyment. Upstairs is open and bright with some ocean and rock views and a spacious sunny deck. Great location convenient to restaurants, schools and park.

Listing Agent

Nadine Lilley

Highway One Real Estate Brokerage Phone: 805-235-2565 License #01008171 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,931

Year Built

  • Built in 1949

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 37 x 70
  • No Common Walls
  • Density is up to 1 Unit/Acre

Property Views

  • Ocean
  • Peek-A-Boo
  • Rock

Home Design

  • Duplex
  • Entry on the 2nd floor

Interior Spaces

  • 1,210 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Home Office
  • Art Studio
  • Utility Room
  • Laundry Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Driveway

Schools

  • Del Mar Elementary School

Listing and Financial Details

  • Legal Lot and Block 9 / 9
  • Assessor Parcel Number 068264021
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Morro Bay Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,931

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: North Morro Bay (820)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 068264021
  • Year Built: 1949
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1210.00 Square Feet
  • Stories: 2
  • Entry Location: 1 & 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 661.12
  • Room Type: Art Studio, Office, Utility Room
  • Window Features: Double Pane Windows

Exterior Features

  • View: Ocean, Peek-A-Boo, Rocks
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Watersports

Schools

  • School District: San Luis Coastal Unified
  • Elementary School: Del Mar
  • Elementary School: Del Mar
  • Elementary School #2: DEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 37 x 70
  • Lot Size Sq Ft: 2800.00
  • Lot Size Acres: 0.0643
  • Latitude Manual: 35.38505900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2800.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 105.05
  • Tax Lot: 9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,931 $724,200 $484,500 $239,700
2024 $5,823 $536,639 $383,317 $153,322
2023 $5,823 $526,117 $375,801 $150,316
2022 $5,458 $515,802 $368,433 $147,369
2021 $5,372 $505,689 $361,209 $144,480
2020 $5,317 $500,505 $357,506 $142,999
2019 $5,261 $490,693 $350,497 $140,196
2018 $5,158 $481,073 $343,625 $137,448
2017 $5,057 $471,641 $336,888 $134,753
2016 $4,450 $415,000 $295,000 $120,000
2015 $4,449 $415,000 $295,000 $120,000
2014 $3,514 $350,000 $255,000 $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $799,950 -- $661 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $550,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed $385,000 Fidelity Title Company
Grant Deed $210,000 First American Title
Interfamily Deed Transfer -- First American Title Ins Co
Gift Deed -- --
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $118,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $307,545 Unknown
Previous Owner $300,000 Stand Alone First
Previous Owner $69,800 Credit Line Revolving
Previous Owner $169,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $74,000 Credit Line Revolving
Previous Owner $171,000 Unknown
Previous Owner $168,000 No Value Available
Previous Owner $112,000 Unknown
Previous Owner $28,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25099400

California Regional Multiple Listing Service (CRMLS)

APN: 068-264-021