998 Balboa Street

  • $1,069,000
Morro Bay, California
Active
998 Balboa Street
Morro Bay, California
  • $1,069,000

Overview

  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 896
  • Sqft
  • 206563
  • Property ID

Description

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.

Details

Updated on May 17, 2025 at 6:41 am
Listed by Stanley Craig, BHGRE HAVEN PROPERTIES
  • Property ID: 206563
  • Price: $1,069,000
  • Property Size: 896 Sqft
  • Land Area: 9400 Square Feet
  • Bedrooms: 3
  • Bathrooms: 2
  • Garages: 2
  • Year Built: 1949
  • Property Type: Residential
  • Property Status: Active

Schedule a Tour

Tour Type

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Similar Listings

Compare listings

Compare
  • Eddy