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$3,300,000
Est. payment /mo
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250025814
Property Description
Situated on a prominent corner lot in the desirable Bay Park neighborhood, 1901–1911 Morena Blvd offers a rare opportunity to acquire a seven-unit apartment building with significant upside potential. Each unit boasts a unique layout, with most having undergone renovations over the years, including the installation of vinyl windows. The property features a newly constructed concrete parking lot, providing 14 off-street parking spaces—a valuable amenity in this high-demand area. Located within the CC-4-2 zoning designation, the property allows for a variety of residential and commercial uses, presenting potential redevelopment opportunities. Its prime location offers easy access to major freeways (I-5 and I-8), public transportation, and is just minutes from the University of San Diego, Mission Bay Park, Tecolote Canyon Natural Park, and a variety of dining and shopping options along Morena Blvd. This asset is ideal for investors seeking stable income with long-term growth prospects in one of San Diego's most sought-after neighborhoods.
Location
State CA
County San Diego
Area Old Town Sd (92110)
Building
Story 2
Others
Space Rent $170,040
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Listed by Adrian Gonzalez-Pureco • South Coast Commercial, Inc.
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Ian Collins, MBA
Team Lead / Agent | CA DRE# 0202209201858943
Team Lead / Agent CA DRE# 0202209201858943