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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Checking…
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Last updated May 17, 2025
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MLS# CRSC25108161 —
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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Building Area Units:Square Feet
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Roof:Composition
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Foundation Details:Raised
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Stories:1
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Levels:One Story
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Security Features:Carbon Monoxide Detector(s)
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Other Equipment:Other
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Building Area Total:896
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Building Area Source:Assessor Agent-Fill
Interior
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Interior Features:Kitchen/Family Combo
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Kitchen Features:Electric Range/Cooktop
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Flooring:Carpet
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:896
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Living Area Units:Square Feet
Location
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Directions:Morro Bay Blvd toward Harbor St, at the traffic ci
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Exterior Features:Backyard
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Parcel Number:066084063
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Zoning:R1
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Lot Features:Corner Lot
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Lot Size Area:0.2158
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Lot Size Acres:0.2158
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Lot Size SqFt:9400
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Lot Size Units:Acres
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View:Hills
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View:true
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Fencing:Wood
Listing Agent
- Contact info:
- Agent phone:
- (805) 592-2050
Taxes
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Tax Tract:106.02
Beds
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Bedrooms Total:3
Baths
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Total Baths:2
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Full Baths:2
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Bath Includes:Shower Over Tub
The Listing
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Listing Terms:Cash
Heating & Cooling
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Cooling:None
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Cooling:false
Utilities
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Utilities:Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Electric Range
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Laundry Features:Inside
Schools
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High School District:San Luis Coastal Unified
The Community
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Association:false
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Association Amenities:Park
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# of Units In Community:2
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Parking Total:2
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Parking Features:Attached
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Covered Spaces:2
Extra Units
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Other Structures:Guest House
Monthly cost estimate
Asking price
$1,069,000
| Expense | Monthly cost |
|---|---|
|
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.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/17/25
May 17, 2025
|
Listed / Active | BRIDGE | $1,069,000 |
