Movoto Real Estate
Sold on 02/01/2023
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695 Olive St, Morro Bay, CA 93442

$987,000

Last sold 02/01/2023 for $911K

  • 3

    bed

  • 2

    bath

  • 1,648

    Sqft ($553/Sqft)

House not for sale

About 695 Olive St

Property type House
Year built 1952
HOA fee $0/month
Lot size 6,300 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
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.
Listed by
Listing Agent - Jack Franklin
Listing Agent Contact: 805-459-3055
Listing Office - Franklin Real Estate & Rentals
Source: CRMLS mls logo
MLS#SC22256766 • last updated 3 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style Two, House
Type Residential
SubType Single Family Residence
Status Closed
Living Area 1648
Lot Size (Acres) 0.1446
Lot Size (SqFt) 6300
Year Built 1952
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 3
Exterior
# Parking Spaces 2
# Garage Spaces 2
Lot Description Corner Lot
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
View Bay, Marina, Ocean, Rocks
County San Luis Obispo
Community Features Biking, Golf, Hiking, Park, Watersports
Subdivision Morro Heights (810), Morro Heights (810)
High School District San Luis Coastal Unified
Zoning R2
Directions Hwy 1 To Morro Bay Blvd To Piney Way To Olive
APN 66187005
$987K
Range: $552K-$1.42M
Last 30 days 
  • Feb 2023
    mls logo MLS # SC22256766
  • Feb 1, 2023 Sold
    $911,780
  • Jan 1, 2023 Pending
    —
  • Dec 15, 2022 Listed
    $985,000
  • Feb 2023
    Public Records
  • Feb 1, 2023 Sold
    $912,000 (-7.4%)
  • Year Property taxes Tax assessment
  • 2024
    $10,275 +145.4%
    $929,730 +145.82%
  • 2023
    $4,186 +6.7%
    $378,215 +2.0%
  • 2022
    $3,924 +1.6%
    $370,800
  • 2021
    $3,862 +1.0%
    $370,800 +3.06%
  • 2020
    $3,822 +1.0%
    $359,805
  • 2019
    $3,782 +2.0%
    $359,805 +2.0%
  • 2018
    $3,708 +2.0%
    $352,751 +2.0%
  • 2017
    $3,636 +82.1%
    $345,835 +85.76%
  • 2016
    $1,996 +1.5%
    $186,170
  • 2015
    $1,966
    —
  • 695 Olive St
    $911K
  • —
  • 93442
    $849K -22% y/y
  • Morro Bay
    $849K -22% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
665 Olive St, Morro Bay, CA 93442 $1,552,300 2/3 2,286 0.01
635 Olive St, Morro Bay, CA 93442 $764,200 2/1 914 0.02
450 Piney Way, Morro Bay, CA 93442 $1,265,400 1/1 712 0.03
690 Olive St, Morro Bay, CA 93442 $955,000 2/1 1,139 0.03
426 Shasta Ave, Morro Bay, CA 93442 $1,090,000 3/2 1,830 0.04
454 Piney Way, Morro Bay, CA 93442 $738,200 1/1 816 0.04
670 Olive St, Morro Bay, CA 93442 $1,059,100 3/2 1,524 0.04
449 Estero Ave, Morro Bay, CA 93442 $763,600 1/1 832 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.

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Source: GreatSchools.org © 2026. All rights reserved.

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