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450 Pico St, Morro Bay, CA, 93442

$729,000

Home List Price

$8,657*

Closing Credit

2 Bedrooms
1 Full Bath
846 SqFt
$862/SqFt
House
Schools Nearby

Location

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450 Pico St, Morro Bay$729,000

Buyer Closing Credits

$8,657*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1952
CoolingNone
FireplaceNone
ViewOther, Mountain(s)
MLS #NS24014585
Lot Size0.11 Acres
StatusActive

About 450 Pico St

Charming beach bungalow with lots of potential and a possible ADU, all on a good size lot within a short walk to the beach! The main living area of the house is 846 square feet with 2 bedrooms and a bathroom. The kitchen has been nicely updated with stylish cabinetry, newer custom appliances and a large kitchen island. In addition to the main house there is a 359 square foot guest area attached to the back of the single car garage. This area was built before the main house was built in the 1950's and has an existing bathroom, a shower and is plumbed for a kitchenette. This guest area is not included in the permitted main homes square footage. There is great potential for this area to be converted to a separate living space, a granny unit or possibly a vacation rental. Spacious 5,000 square foot lot creates a large front and back yard with patio, perfect for entertaining and enjoying the wonderful coastal Morro Bay climate. A second story addition could provide a beautiful view of Morro Rock, the ocean and the hills to the east. Access to the beautiful Morro Strand State Beach is located just 3/4 miles away. Also within walking distance is Spencer's Fresh Market, several great restaurants, Del Mar Elementary School, Morro Bay High School and several parks. This home is looking for the perfect new owner to give it the love it needs to bring out all of its great possibilities. Check with the city of Morro Bay for more info on suggested improvements.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 1
  • Living Area: 846 SqFt

Listing Office:

  • Office Name: Avalon Real Estate
  • Office Phone: (805) 748-8780
  • Listing Agent: Emily Armet

Interior Features

Interior Information:

  • Interior: All Bedrooms Down, Bedroom on Main Level, Utility Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other, Mountain(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Pico Street comes off of Main St. one block south of Spencer's Fresh Market. The house is on right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $729,000
  • Price Per SqFt: $862/SqFt

Tax Information:

  • Annual Amount: $2,987
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Morro Bay, CA.

Med. Sold Price

$933.5K

Med. Price/SqFt

$646

Avg. Days On Market

16

# of Sold Homes

8

450 Pico St vs Morro Bay

93 DAYS ON ROCKET

+77 Days

$729,000

-$204.5K Less

$862/SqFt

+$216 More

KEY TAKEAWAY

This property is $204.5K less than the Median Sold Price and $216/SqFt more than other homes in Morro Bay, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NS24014585

Listing Office:

  • Office Name: Avalon Real Estate
  • Office Phone: (805) 748-8780
  • Listing Agent: Emily Armet

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,987$288,187
2020$2,955$285,233
2019$2,864$279,641
2018$2,865$274,158
2017$2,807$268,783

History based on county public records data.

Payment Calculator

$3,706

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,252

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1880222
6
/10
  • Del Mar Elementary School

  • 501 Sequoia St

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-1880223
5
/10
  • Baywood Elementary School

  • 1330 9th St

  • 4.46 miles

  • Public District Grades KG-5

school-card-donut-1880224
8
/10
  • Monarch Grove Elementary School

  • 348 Los Osos Valley Rd

  • 5.23 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,349. The majority of Morro Bay, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 450 Pico St

What is the listing price of this property?

The listing price of 450 Pico St property is $729,000.

What type of property is this?

The property 450 Pico St is a house located in Morro Bay, California, 93442.

Is this property for sale now?

Active Listing: 450 Pico St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,987 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 450 Pico St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 450 Pico St is 846 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 450 Pico St is 1952.

Rocket HomesCaliforniaSan Luis Obispo CountyMorro Bay93442450 Pico St

This home is located at 450 Pico St in Morro Bay, CA and zip code 93442. This 846 square foot home, which was built in 1952, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $729,000.

Morro Bay, CA housing market in March 2024 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. In March 2024 in Morro Bay, CA there were 3.3% less homes for sale than in February 2024. Listings spent 16 days on the market in March 2024, and had a median list price of $933,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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