NOT LISTED FOR SALE

695 Olive St Morro Bay, CA 93442

3 Beds
2 Baths
1,648 Sq Ft
6,300 Sq Ft Lot

Last Sold February 01, 2023

Last sale price $911,780 $553 Per Sq Ft

16 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Bonus Room
  • Del Mar Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of February 2023

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.

Last Agent to Sell the Property

Jack Franklin

Franklin Real Estate & Rentals License #00426210 Listed on: 12/16/2022

Last Buyer's Agent

Sarah Diggs

Vintage Investment Properties License #01391621

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,300 Sq Ft Lot
  • Corner Lot
  • Property is zoned R2

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Marina
  • Bay
  • Rock

Interior Spaces

  • 1,648 Sq Ft Home
  • Entryway
  • Living Room with Fireplace
  • Bonus Room
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 8 / F
  • Assessor Parcel Number 066187005

Community Details

Overview

  • No Home Owners Association
  • Morro Heights Subdivision

Recreation

  • Golf Course Community
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 066187005
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1648.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 553.26
  • Room Type: All Bedrooms Up, Basement, Bonus Room, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet

Exterior Features

  • View: Bay, Marina, Ocean, Rocks
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Park, Watersports

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1446

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6300.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: F
  • Tax Census Tract: 106.02
  • Tax Lot: 8

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $911,780 -7.4% $553 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $985,000 -- $598 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jack Franklin

    Seller's Agent in 2023

    Jack Franklin

    Franklin Real Estate & Rentals

    (805) 459-3055

    7 in this area

    14 Total Sales

    Section Image
  • Sarah Diggs

    Buyer's Agent in 2023

    Sarah Diggs

    Vintage Investment Properties

    (805) 215-2335

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22256766

California Regional Multiple Listing Service (CRMLS)

APN: 066-187-005

California San Luis Obispo County Morro Bay 93442

695 Olive St, Morro Bay, CA

This home is located at 695 Olive St, Morro Bay, CA 93442 since 16 December 2022. This property was built in 1952. 695 Olive St is a home located in San Luis Obispo County with nearby schools including Del Mar Elementary School, Los Osos Middle School, and Morro Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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