831 Morro Bay Boulevard, Morro Bay, CA 93442, Morro Bay, California, United States. - Hero Image
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831
Morro Bay Boulevard
Morro Bay | California

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Natalie  White
Natalie White
Presented At
$759,000
831 Morro Bay Boulevard, Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 1
831 Morro Bay Boulevard, Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 2
831 Morro Bay Boulevard, Morro Bay, CA 93442, Morro Bay, California, United States. - Photo 3
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831 Morro Bay Boulevard, Morro Bay, CA 93442, Morro Bay, California, United States. , Morro Bay , California 93442

Other Residential

Mixed use building in downtown Morro Bay. There is a commercial space downstairs (1262 square feet) and a licensed 2 bedroom vacation rental upstairs. The upstairs 2 bedroom 2 bath OCEAN and ROCK VIEW apartment is approximately 495 square feet has an active Vacation Rental License in place and could be a good source of income. This property is zoned C2 with many potential uses. The commercial space downstairs is approximately 1262 square feet and has been a retail store and a grocery store but was most recently used as an office. The upstairs 2 bedroom apartment was expanded and remodeled in 2004 and is immaculate and very comfortable. The entire block building was retrofitted for earthquake safety and both units have been updated with very nice finishes. There are 4 designated onsite parking spaces, a fenced back yard with storage sheds and laundry facilities and both units have front and rear building access. The commercial component has fabulous street exposure and is one of the first commercial buildings at the entrance to Morro Bay and there is plenty of street parking for potential patrons. Information is not verified.

Gallery

3D Street View Tour

Map showing 831 Morro Bay Boulevard, Morro Bay, CA 93442, Morro Bay, California, United States.

Property Location

831 Morro Bay Boulevard, Morro Bay, CA 93442, Morro Bay, California, United States., Morro Bay California

Local Weather & Climate

Morro Bay, California

Current Conditions Updated recently
69 °F
Few clouds
Feels Like 68°F
Humidity 59%
Wind 2 mph
Visibility 6.2 mi
Sunrise 2:11 PM
Sunset 2:12 AM
5-Day Forecast
Wed 18 Mar
Clouds
High 77°
Low 66°
Thu 19 Mar
Clear
High 83°
Low 65°
Fri 20 Mar
Clear
High 81°
Low 66°
Sat 21 Mar
Clouds
High 73°
Low 61°
Sun 22 Mar
Clouds
High 68°
Low 56°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Morro Bay?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Market Rate

Our perspective on current market conditions in Morro Bay. For informational purposes only — always consult a licensed real estate professional before making decisions.

Neutral Market
Balanced conditions. Negotiate wisely.
58
Buyer Score
Prices are down 0.8% year-over-year

Local Market Price Trends

Median home sale prices in Morro Bay, California — ZIP code 93442 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $759,000
Area median: $957,923
-0.8% year-over-year (well below the 3.5% historical avg)

Market Competition

Future Value & Wealth Building

Starting investment: $759,000 20% down ($151,800)

42.4 years
Double Your Investment
Based on current market trends, your property value could double
$372,805
10-Year Equity
Your potential equity after 10 years of payments and appreciation
$4,040
Monthly Investment
Estimated monthly mortgage payment (principal & interest)
$1,239,713
30-Year Wealth Potential
Total equity after full mortgage payoff with market appreciation
2.5x
Leverage Power
Your $151,800 down payment could grow to $372,805 in equity (10 yrs)
Investment Perspective
$ $ $
$1 → $1.18
Every dollar invested today could become $1.18 in 10 years
$100 → 118 $1,000 → $1,178
+$34
$34/day
Your home may appreciate while you sleep
$241/week $1,043/mo $12,515/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$189K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential -27% advantage over stocks
RENT 💸 -$418K
vs
OWN 📈 +$373K
$373K Potential Equity
vs $418K lost to rent over 10 years
$152K Down Payment Growth
2.5x
10yr
$373K
4.6x
20yr
$705K
8.2x
30yr
$1.2M
Wealth Comparison
×3
Equivalent to 3 average US homes
top 10%
US household wealth ranking
Median: $193K Yours: $1.2M
Time to Double Your Investment (accounting for market cycles)
76.9
years
Conservative
0.91% effective/yr
18.2
years
Optimistic
3.88% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $831K +9%
Market $894K +18%
Optimistic $1.1M +46%
$373K est. equity
20 Years
Conservative $909K +20%
Market $1.1M +39%
Optimistic $1.6M +114%
$705K est. equity
30 Years
Conservative $995K +31%
Market $1.2M +63%
Optimistic $2.4M +213%
$1.2M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average
4.27 %
1967 – 2024
57 years of U.S. home price data
Recent Decade Average
6.5 %
2014 – 2024
Post-recovery bull market
Opportunity Zone
Current 2.5% appreciation is below the national historical average. This market may offer value opportunities.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 1.6%. Market scenario reflects current 2.5% YoY trend from Zillow (Apr 2026). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Apr 2026

Neighborhood Demographics

ZIP 93442 • 2022 ACS Data

11,399 Population
Median Age: 52.0
$88,309 Median Income
Above Average
$809,900 Median Home Value
Rent: $1,727
42.1% College Graduates
Above Average

Housing

Homeowners 46.6%
Renters 33.6%
Vacancy Rate 19.7%

Employment

8.7% Unemployment
15.7% Work From Home

Education Attainment (Age 25+)

High School+ 92.6%
Bachelor's+ 42.1%
Graduate+ 18.4%
Data from U.S. Census Bureau American Community Survey 2022

Frequently Asked Questions

Common questions about this property

This property is listed at $75,900,000.
In Morro Bay, home prices have decreased 0.8% over the past year, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.
Based on current market indicators, Morro Bay shows an active market. The market opportunity score is 58 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Morro Bay, California. The property is situated in an established neighborhood with convenient access to local amenities and services.
Natalie  White

Natalie White

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