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.
MLS #
CRSC25108161
MLS Source
California Regional MLS
Days on Site
62
Bedrooms
Ground Floor Bedroom, Other
Kitchen
Other
Appliances
Other, Oven Range - Gas
Fireplace
None
Flooring
Laminate
Laundry
Other
Cooling
None
Roof
Composition, Rolled/Hot Mop
Foundation
Raised
Pool
None
Garage/Parking
Attached Garage, Garage, Other, Parking Area, RV Access, Garage: 2 Car(s)
Elementary District
San Luis Coastal Unified
High School District
San Luis Coastal Unified
HOA Fee
$0
Zoning
R1
998 Balboa St is a Single Family Residence in Morro Bay, CA 93442. This 896 square foot property sits on a 9,400 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $1,069,000 and was built in 1949.
This address can also be written as 998 Balboa St, Morro Bay, CA 93442.©2025 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 17, 2025. For the most current information, please contact Stanley Craig, (805) 592-2050