540 Avalon Street, Unit 2

Morro Bay, CA 93442

$750,000
Price
2
Beds
1
Bath
1,800 Sq. Ft.
$417 / Sq. Ft.
1,800
Sq. Ft.
$417
per Sq. Ft.

Description

Cozy two story 2-unit apartment with storage shed in rear. Laminate flooring throughout, large 1 bedroom(s) great views of the Ocean and Morro Rock. Each unit has a full bath, small kitchen(s) large living rooms. Each unit has a separate entry. Extra room in rear of property used as a large storage area. Great backyard with private paradise area for downstairs unit. Street parking, laundry room downstairs for both units. Property is in great neighborhood. Upper unit has large deck with panoramic...Cozy two story 2-unit apartment with storage shed in rear. Laminate flooring throughout, large 1 bedroom(s) great views of the Ocean and Morro Rock. Each unit has a full bath, small kitchen(s) large living rooms. Each unit has a separate entry. Extra room in rear of property used as a large storage area. Great backyard with private paradise area for downstairs unit. Street parking, laundry room downstairs for both units. Property is in great neighborhood. Upper unit has large deck with panoramic views of Morro Rock and Ocean. Downstairs unit has been occupied for years, upstairs unit newer tenant. Rents currently $3,100 month.
  1. Listed by Linda McClure • DRE #00808187 • Brokerage DRE #00808187 • American Property Services • 805-748-7673

Property Details for 540 Avalon Street, Unit 2

View
Bay, Bluff, City Lights, Coastline, Harbor, Hills, Marina, Neighborhood, Ocean, Rocks, See Remarks, White Water
Parking Spaces Total
2
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1800

Location

Listing Courtesy of American Property Services, Linda McClure, DRE #00808187
Add your commute
LISTING UPDATED: 06/13/2024 09:07 AM

Property Details for 540 Avalon Street, Unit 2

StatusPending
MLS #PI24073273
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1949
Lot Size0.06 AC / 2,800 SF
CountySan Luis Obispo County

Location

Listing Courtesy of American Property Services, Linda McClure, DRE #00808187
Add your commute

Building Information for 540 Avalon Street, Unit 2

Stories2Residences-Year Built1949Building Size-Lot Size0.06 AC / 2,800 SF

Payment Calculator

$4,093 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 540 Avalon Street, Unit 2

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $18,000
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $18,000
Expense Details
  • Operating Expense: $18,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $18,000
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps, See Remarks
  • Disability Access: No Interior Steps
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Lake, Watersports, Mountainous
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Microwave, Refrigerator, Water Heater
  • Equipment: Inside, Laundry Area, Microwave, Refrigerator, Room, Washer, Washer Hookup, Washer Included
  • Interior Features: Balcony, Ceiling Fan(s)
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, See Remarks
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room, Inside, Washer Hookup, Washer Included
  • Fireplace Features: None, Bath, Guest House
  • Fireplace Rooms: Bath, Guest House, None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Window Features: Double Pane Windows, Drapes, Screens, Wood Frames
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Entry Location: 2
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • View Description: Bay, Bluff, City Lights, Coastline, Harbor, Hills, Marina, Ocean, Rocks, White Water
  • Waterfront Features: Lake Front
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: County Road
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: None, On street
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None, Detached Carport, Unpaved, Driveway Level, Street
Property / Structure Info
  • Builders Tract Name: Morro del Mar
  • Builders Tract Code: Morro del Mar(800)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 0

Property History for 540 Avalon Street, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 540 Avalon Street, Unit 2

This home is within San Luis Coastal Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Del Mar Elementary School
PublicK to 5

Los Osos Middle School
Public6 to 8

Morro Bay High School
Public9 to 12

Pacheco Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of American Property Services, Linda McClure, DRE #00808187

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.