998 Balboa Street
Morro Bay, CA 93442
- 3 beds
- 2 baths
- 896 sqft
- 9,400 sqft lot
- $1,193 per sqft
- 1949 build
- – on site
Endless Possibilities in Morro Heights! This expansive corner lot offers exceptional versatility with two separate homes on a spacious 9,400 sq. ft. lot. The primary residence features 2 bedrooms and 1 bathroom, while the secondary unit is a 1 bedroom, 1 bathroom—perfect for rental income, extended family, or a private guest retreat. Located in desirable Morro Heights, you're just blocks away from Morro Bay's historic downtown, charming shops, restaurants, and the stunning Morro Bay State Park. Whether you're looking to build your dream home with a detached rental unit, renovate and maximize rental income, or explore adding a third unit (buyer to verify with the City of Morro Bay),this property offers a rare opportunity in a neighborhood evolving toward the future.
Last checked:
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Last updated May 17, 2025
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MLS# SC25108161 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1949
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Year Built Source:Public Records
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New Construction:No
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Total Number Of Units:2
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Roof:Composition, Rolled/Hot Mop
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Foundation:Raised
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Structure Type:House
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Stories Total:1
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Entry Level:2
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Patio And Porch Features:Deck
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Patio:1
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Common Walls:No Common Walls
Interior
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Features:Formica Counters
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Levels:One
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Entry Location:Up Stairs
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Kitchen Features:Formica Counters, Kitchen Open to Family Room
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Eating Area:In Family Room
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Flooring:Carpet, Laminate
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Room Type:All Bedrooms Down, All Bedrooms Up, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:Gas & Electric Dryer Hookup, Inside
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Laundry:1
Room Dimensions
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Living Area:896.00
Financial & Terms
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Disclosures:Accessory Dwelling Unit, Coastal Zone
Location
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Directions:Morro Bay Blvd toward Harbor St, at the traffic circle, continue straight to stay on Morro Bay Blvd., turn right onto Quintana Rd., turn right onto Kings Ave., turn right onto Balboa St.
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Latitude:35.36420500
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Longitude:-120.83760300
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Property Condition:Fixer
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Zoning:R1
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Lot Features:Back Yard, Corner Lot, Front Yard, Gentle Sloping, Lot 6500-9999, Park Nearby, Sprinklers None, Utilities - Overhead
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Lot Size Area:9400.0000
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Lot Size Acres:0.2158
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Lot Size SqFt:9400.00
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Lot Size Source:Assessor
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View:1
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View:Hills, Ocean
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Fencing:Fair Condition, Wood
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Fence:Yes
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Sprinklers:No
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Additional Parcels:No
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Other Structures:Guest House, Guest House Detached
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:106.02
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Tax Lot:18
Beds
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Total Bedrooms:3
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Main Level Bedrooms:2
Baths
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Total Baths:2
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Bathroom Features:Bathtub, Shower in Tub, Formica Counters, Main Floor Full Bath
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Full & Three Quarter Baths:2
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Main Level Baths:1
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:066084063
Heating & Cooling
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Cooling:No
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Cooling:None
Utilities
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Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas & Electric Range, Gas Water Heater, Water Heater
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Included:Yes
Schools
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High School District:San Luis Coastal Unified
The Community
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Subdivision:Morro Heights (810)
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Subdivision:Morro Heights (810)
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Features:Biking, Fishing, Golf, Hiking, Park, Watersports, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Driveway - Combination, Garage Faces Front, Garage - Two Door, Parking Space, RV Access/Parking
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Parking Spaces:2.00
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Attached Garage:Yes
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Garage Spaces:2.00
Monthly cost estimate

Asking price
$1,069,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,724
|
Taxes | N/A |
Insurance | $293 |
Utilities | $151 See report |
Total | $6,168/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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5/16/25
May 16, 2025
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Listed / Active | CRMLS_CA | $1,069,000 |