560 Shasta Avenue

Morro Bay, CA
$ 1,339,000 Beds 0 Baths 0 Sq 4,078 Virtual Tour
Monthly Estimate* How much can I afford?

Opportunity knocks! This spacious triplex in the Morro Bay Heights is in a prime location, and that's just the beginning! Each unit has 2 bedrooms 1.75 baths and an attached 2 car garage. All homes feature wonderful full harbor mouth, ocean and rock views. Recent upgrades including new paint inside and out, flooring, appliances, some counter tops and lighting are a bonus. Each unit has separate meters for all utilities and are 1,300 sq ft+. The estimated rents are $93,000 annually with a cap rate of almost 7%. Live in the single story front unit and rent the back two story units or just enjoy the income it's up to you. These type of opportunities do not come around often in our beautiful Morro Bay on the Central Coast of California!!

Contingent

  • Price
  • $ 1,339,000
  • Lot Size
  • 8,712 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,078
  • Full Bathrooms
  • 0
  • Year Built
  • 1973
  • Half Bathrooms
  • 0
  • City, Zip
  • Morro Bay
  • County
  • SAN LUIS OBISPO
  • Style
  • Traditional
  • Area
  • Morro Bay
  • MLS#
  • SC20138450
  • Zip
  • 93442
Listing Provided by: Stanley Craig with BHGRE HAVEN PROPERTIES.

Features

General

Appliances Dishwasher, Electric Range, Disposal, Gas Cooktop, Range Hood
Architectural Style Traditional
Assessments Sewer Assessments
Attached Structure Attached
Co-Listing Agent Last Name Pamela
Co-Listing Agent Last Name Craig
Co-Listing Agent State License # 01121920
Co-listing Agent Pamela Craig - BRE#01121920
Community Features Biking, Fishing, Golf, Hiking, Watersports, Street Lights
Cooling None
Directions Hwy 1 to Morro Bay Blvd to Shasta. Turn South and go two blocs. Main St. to Morro Bay Blvd to South on Shasta. go two blocks.
Flooring Bamboo, Tile, Vinyl
Garage Spaces 6.00
HOA Fee 0.00
Heating Wall Furnace, Forced Air
Interior Features Copper Plumbing Full, Tile Counters
Levels Two
Listagentaor Scenic Coast
Listing Agent Stanley Craig - BRE#00995466
Listing Agent State License 00995466
MLS Area MRBY - Morro Bay
Parking Features Garage - Single Door, On Site
Pool Features None
Price Per Square Foot 328.35
Property Attached Y/N Yes
PropertyCondition Turnkey, Updated/Remodeled
Sewer Public Sewer, Sewer Assessments
Source System CRMLS
Spa Features None
Special Listing Conditions Trust
Subdivision Name Morro Heights (810)
Subdivision Name Morro Heights (810)
Total Units 3
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Back Bay, Harbor, Rocks
Zoning R2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Appliances Y/N Yes
Common Walls 1 Common Wall, No One Above, No One Below
Dishwasher Count 3
Fireplace Features Living Room
Fireplace Y/N Yes
Garbage Disposal Count 3
Heating Y/N Yes
Laundry Features In Garage
Laundry Y/N Yes
Range Count 3
Refrigerator Count 2
Room Type Walk-In Closet, Walk-In Pantry
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 4078.00
Fence Y/N Yes
Fencing Block, Wood
Lot Features Lot 6500-9999, Up Slope from Street
Lot Size Acres 0.2000
Lot Size Area 8712.0000
Lot Size Source Assessor
Lot Size Square Feet 8712.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Number of Separate Water Meters 3
Parking Y/N Yes
Road Frontage Type City Street
Road Surface Type Paved
Total Parking 6.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/16/2020 Listed $1,339,000

Property vs Zip Code Average in 93442

Price
AVG $900K
$1.34M
Visits
AVG 25
24
Year Built
AVG 1967
1973

Map

Areas That We Cover

560 Shasta Avenue Morro Bay, CA is a Single Family Home for sale at $1339000 with 4078 sqft and a lot size of 8,712 SqFt Acre(s). 560 Shasta Avenue Morro Bay has 0 bedrooms, 0 baths and was built in 1973. The property's zip code is 93442 which is in Morro Bay, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.