464 Morro Bay Blvd

Morro Bay, CA 93442

$1,400,000
Last Sold Price
1
Bed
1
Bath
8,810 Sq. Ft.
$159 / Sq. Ft.
8,810
Sq. Ft.
$159
per Sq. Ft.

Description

Entertain, Live, Play in the very heart of downtown Morro Bay at the beautiful Bay Theatre! The 800 sqft one bedroom apartment, the two-car garage, the additional 520 sqft open space above the garage (possible office rental), and the keystone feature - the 314 seat Bay Theatre - are all ready for new ownership. Originally built by the Army Corp of Engineers in 1942, the current ownership for the past 38 years has been a marvelous steward of this "Rock" solid beauty. Very well maintained and cared...Entertain, Live, Play in the very heart of downtown Morro Bay at the beautiful Bay Theatre! The 800 sqft one bedroom apartment, the two-car garage, the additional 520 sqft open space above the garage (possible office rental), and the keystone feature - the 314 seat Bay Theatre - are all ready for new ownership. Originally built by the Army Corp of Engineers in 1942, the current ownership for the past 38 years has been a marvelous steward of this "Rock" solid beauty. Very well maintained and cared for, everything is in place to take advantage of multiple income streams, including the apartment, which can be used as a long-term or short-term vacation rental.
  1. Listed by Thomas Barket • DRE #02037199 • Brokerage DRE #02037199 • Tom Barket, Real Estate Broker

Property Details for 464 Morro Bay Boulevard

Parking Spaces Total
2
Private Pool
No
Total Units
1.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
8810
Assessor Parcel Number
066121013
Property Attached YN
true
LISTING UPDATED: 10/26/2023 02:41 AM

Property Details for 464 Morro Bay Boulevard

StatusClosed
MLS #SC23122152
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
CountySan Luis Obispo County

Location

Listing Courtesy of Tom Barket, Real Estate Broker, Thomas Barket, DRE #02037199

Sold By Compass, Frankie Ciano, DRE #01412309

Add your commute

Building Information for 464 Morro Bay Boulevard

Building/Complex464 Morro Bay BlvdFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1942Building Size-

Payment Calculator

$8,440 per month

30 year fixed, 6.845% Interest

Principal and Interest

$7,335

Property Taxes

$1,105

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 464 Morro Bay Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Rear
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 464 Morro Bay Boulevard

DateEvent & SourcePriceAppreciation
Oct 26, 2023

Sold

CLAW #SC23122152MR

$1,400,000—
Oct 26, 2023

Sold

SDMLS #SC23122152

$1,400,000—
Oct 26, 2023

Sold

CRMLS #SC23122152

$1,400,000—
Aug 23, 2023

Sold (Public Record)

Public Record #1520850176

$1,000,000—
Aug 5, 2023

Pending

CRMLS #SC23122152

—
Aug 5, 2023

Pending

SDMLS #SC23122152

—
Aug 5, 2023

Pending

CLAW #SC23122152MR

—
Jul 10, 2023

Listed (Active)

SDMLS #SC23122152

$1,625,000—
Jul 10, 2023

Listed (Active)

CRMLS #SC23122152

$1,625,000—
Jul 10, 2023

Listed (Active)

CLAW #SC23122152MR

$1,625,000—
DateEvent & SourcePrice
10/26/2023

Sold

CLAW #SC23122152MR

$1,400,000
10/26/2023

Sold

SDMLS #SC23122152

$1,400,000
10/26/2023

Sold

CRMLS #SC23122152

$1,400,000
08/23/2023

Sold (Public Record)

Public Record #1520850176

$1,000,000
08/05/2023

Pending

CRMLS #SC23122152

—
08/05/2023

Pending

SDMLS #SC23122152

—
08/05/2023

Pending

CLAW #SC23122152MR

—
07/10/2023

Listed (Active)

SDMLS #SC23122152

$1,625,000
07/10/2023

Listed (Active)

CRMLS #SC23122152

$1,625,000
07/10/2023

Listed (Active)

CLAW #SC23122152MR

$1,625,000

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

Public Records for 464 Morro Bay Boulevard

Taxable ValueLand$500,000Additions$700,000Total$1,200,000
Tax Record2024$13,262 ($1,105 / month)
Home Facts
Total Finished SqFt7,404 SqFtAbove Grade Finished SqFt7,404 SqFtLot Size8,760 SqFtStyleRecreationalYear Built1940ZoningC1CountySAN LUIS OBISPOAPN066-121-013

Schools near 464 Morro Bay Boulevard

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tom Barket, Real Estate Broker, Thomas Barket, DRE #02037199

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.