About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

560 Olive St, Morro Bay, CA 93442

$936,000

Last sold 02/25/2025 for $799K

2
bed
1
bath
806
Sqft ($991/Sqft)

House not for sale

About 560 Olive St

Property type House

Year built 1958

HOA fee $0/month

Lot size 4,500 Sqft

Movoto estimate

Rental estimate

Property description

Views, views, views! Welcome home to this amazing beach bungalow with unobstructed views towards the ocean, north shore bay, Morro Rock and the hills. This large lot has unbelievable potential to expand in this Morro Heights neighborhood. The inside of this home is clean, updated, and move in ready. Recent upgrades include luxury vinyl plank flooring, new gas range, upgraded electrical panel with outlets, and new HVAC system. Cerrito Peak is only 1 block away where you can enjoy a great trail, nature, and views. Watch killer sunsets as you relax looking out to the ocean from your front porch and embrace the dreamy California lifestyle. There are parks, stores, restaurants and the Embarcadero within walking distance. Come check out the possibilities with this home and property. Land survey and cultural report included. Buyers are encouraged to verify building requirements with the City. Schedule your private tour and hurry before its gone!

Listed by

Listing Agent - Valerie Simpson

Listing Agent Contact: 805-431-7419

Listing Office - eXp Realty of Greater Los Angeles, Inc.

Source: CRMLS

MLS#PI25005634 • last updated 1 year ago

Movoto checked CRMLS for data 3 minutes ago

Overview
Levels/Style	One, Bungalow, House
Type	Residential
SubType	Single Family Residence
Status	Closed
Living Area	806
Lot Size (Acres)	0.1033
Lot Size (SqFt)	4500
Year Built	1958
Condition	Turnkey

Interior
Total # of Bathrooms	1
# Full Baths	1
Total # of Bedrooms	2
Kitchen	Kitchen Open To Family Room
Flooring	Laminate
Appliances	Disposal, Gas Range, Microwave
Window Features	Blinds

Exterior
Foundation	Block, Pier Jacks, Pillar/Post/Pier, Raised
Construction	Board & Batten Siding
Roof	Rolled/Hot Mop
Parking	Driveway
Lot Description	0-1 Unit/Acre, Back Yard, Front Yard, Up Slope From Street
Patio/ Porch	Wood

Amenities / Utilities
Fireplaces	Family Room, See Remarks
Sewer/ Septic	Public Sewer
Water Source	Public
Spa	None
Pool	None

Location
View	Bay, City Lights, Coastline, Harbor, Ocean, Panoramic
County	San Luis Obispo
Community Features	Biking, Golf, Hiking, Park, Watersports, Preserve/Public Land, Street Lights
Subdivision	Morro Heights (810), Morro Heights (810)
High School District	San Luis Coastal Unified
Zoning	R1
Directions	House Is Located On South Side Of Olive Street Between Shasta And Napa/Cerrito Place.
APN	66223008

Lot/ Land Details
Road Frontage	City Street
Road Surface	Paved

$936K

Range: $739K-$1.13M

Last 30 days

Rental est.: $1,788/month

• Gross rent multiplier: 37.2

Lower your payment with the loan terms that fit you.

Feb 2025
MLS # PI25005634
Feb 25, 2025 Sold
$799,000
Feb 13, 2025 Pending
—
Jan 18, 2025 Active
—
Jan 8, 2025 Listed
$799,000 (+29.9%)
Feb 2025
Public Records
Feb 25, 2025 Sold
$799,000
Sep 2020
Public Records
Sep 11, 2020 Sold
$615,000
Sep 2020
MLS # SC20035915
Sep 11, 2020 Sold
$615,000
Sep 11, 2020 Sold
$615,000 (-0.8%)
Jul 30, 2020 Pending
—
Jul 29, 2020 Pending
—
Jul 20, 2020 Price Change
$620,000 (-0.8%)
Jul 6, 2020 Listed
$625,000
Feb 17, 2020 Listed
$625,000 (-3.8%)
Feb 17, 2020 Listed
$650,000 (+88.4%)
May 2012
Public Records
May 17, 2012 Sold
$345,000
May 2012
MLS # SC184701
May 17, 2012 Sold
$345,000
May 17, 2012 Sold
$345,000 (-1.1%)
Mar 15, 2012 Listed
$349,000 (+1.2%)
Feb 2009
Public Records
Feb 18, 2009 Sold
$345,000
Feb 2009
MLS # SC139874
Feb 18, 2009 Sold
$345,000

Year Property taxes Tax assessment
2024
$7,213 +1.8%

$652,642 +2.0%
2023
$7,082 +6.7%

$639,846
2022
$6,638 +1.6%

$639,846 +2.0%
2021
$6,533 +55.2%

$627,300 +2.0%
2020
$4,209 +1.0%

$615,000 +55.21%
2019
$4,165 +2.0%

$396,227 +2.0%
2018
$4,084 +2.0%

$388,459 +2.0%
2017
$4,004 +2.0%

$380,843 +4.04%
2016
$3,925 +1.5%

$366,056
2015
$3,865

—

560 Olive St
$799K
—
93442
$875K -20% y/y
Morro Bay
$875K -20% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
380 Cerrito Pl, Morro Bay, CA 93442	$1,670,600	6/4	3,543	0.01
570 Olive St, Morro Bay, CA 93442	$1,102,000	2/1	921	0.01
580 Olive St, Morro Bay, CA 93442	$964,000	2/1	900	0.02
367 Shasta Ave, Morro Bay, CA 93442	$1,321,000	3/2	1,868	0.03
404 Napa Ave, Morro Bay, CA 93442	$801,100	2/1	824	0.04
413 Shasta Ave, Morro Bay, CA 93442	$1,052,000	2/1	1,112	0.04
371 Cerrito Pl, Morro Bay, CA 93442	$1,877,000	4/3	3,067	0.04
360 Cerrito Pl, Morro Bay, CA 93442	$768,400	1/1	802	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.