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

641 Shasta Ave, Morro Bay, CA 93442

$1,556,000

Last sold 05/17/2017 for $915K

2
bed
2
bath

House not for sale

About 641 Shasta Ave

Property type House

Neighborhood

Year built 1978

HOA fee $0/month

Lot size 8,712 Sqft

Movoto estimate

Rental estimate

Property description

What an incredible opportunity to own 4 units in central Morro Bay. This wonderful income property features each unit with 2 bedrooms and 1.5 baths. There are exterior decks facing the ocean with two having bay views. Parking is incredible, 4 enclosed garages, 2 carports, 2 open spaces. Each unit has had long term tenants, therefore, rents are extremely low and they would all love to stay. Owner has always taken good care of this property and just this past month New Roof and 8 skylights (by Quaglino Roof

Listed by

Listing Agent - Steve

Listing Office - Century 21 Hometown Realty, San Luis Obispo Office

Source: San Diego MLS

MLS#SP17078551 • last updated 6 years ago

Movoto checked San Diego MLS for data 5 minutes ago

Overview
Heating	Electric
Levels/Style	2 Story
Status	SOLD
SubType	Res Income 2-4 Units
MLS #	SP17078551
Lot Size (SqFt)	8712
Year Built	1978

Amenities / Utilities
Water Source	Meter On Property
Pool Desc	N/K

Location
Neighborhood	Morro Heights (810)
County	San Luis Obispo
APN	66124020
Zoning	R2
Directions	Morro Bay Blvd To Shasta

Multifamily Details
Unit 1: # Total Baths	2
Unit 1: # Bedrooms	2
Unit 1: Garage Desc	Assigned
Total # of Units	4
Gross Scheduled Income	45600

$1.55M

Range: $1.05M-$2.05M

Last 30 days

Rental est.: $1,788/month

• Gross rent multiplier: 42.7

Lower your payment with the loan terms that fit you.

May 2017
Public Records
May 17, 2017 Sold
$915,000
May 2017
MLS # SP17078551
May 17, 2017 Sold
$915,000
May 17, 2017 Sold
$915,000 (-2.1%)
Apr 16, 2017 Pending
—
Apr 12, 2017 Listed
$935,000
Apr 12, 2017 Listed
$935,000 (+4.4%)
Mar 2017
MLS # SC1037326
Mar 10, 2017 Sold
$895,500
Feb 9, 2005 Listed
$999,900 (+108.3%)
Apr 2005
Public Records
Apr 20, 2005 Sold
$895,500 (-10.4%)
Jul 2001
Public Records
Jul 18, 2001 Sold
$480,000

Year Property taxes Tax assessment
2024
$11,506 +1.8%

$1,041,108
2023
$11,298 +6.7%

$1,041,108 +2.0%
2022
$10,590 +1.6%

$1,020,695 +4.04%
2021
$10,421 +1.0%

$981,062
2020
$10,314 +1.0%

$981,062 +1.04%
2019
$10,207 +2.0%

$971,004 +2.0%
2018
$10,007 -13.2%

$951,966 -11.44%
2017
$11,526 +2.0%

$1,074,927 +2.0%
2016
$11,300 +1.5%

$1,053,851
2015
$11,127

—

641 Shasta Ave
$915K
Morro Heights (810)
—
93442
$915K -26% y/y
Morro Bay
$952K -23% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
667 Shasta Ave, Morro Bay, CA 93442	$1,575,000	4/—	2,795	0.01
565 Marina St, Morro Bay, CA 93442	$1,714,000	3/2	1,870	0.02
660 Shasta Ave, Morro Bay, CA 93442	$910,000	2/1	606	0.03
670 Shasta Ave, Morro Bay, CA 93442	$778,000	1/1	600	0.03
590 Marina St, Morro Bay, CA 93442	$993,000	3/1	1,260	0.04
680 Shasta Ave, Morro Bay, CA 93442	$1,252,000	3/2	1,868	0.04
560 Marina St, Morro Bay, CA 93442	$1,014,000	2/1	1,083	0.04
510 Marina St, Morro Bay, CA 93442	$857,000	2/1	946	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.