695 Olive Street, Morro Bay, CA 93442
Single-family home
Sold February 2023
Listing Agent: Jack Franklin (DRE #00426210) · Listing Office: Franklin Real Estate & Rentals · Contact: 805-459-3055 · Bought with: Sarah Diggs · Vintage Investment Properties · MLS #SC22256766 · Source: CRMLS
About this single-family home
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.
Listing description from the February 2023 sale, as reported to CRMLS.
Sale history