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2059-2065 Morena Blvd

San Diego, CA 92110
  • $2,100,000
  • STATUS: CONTINGENT
  • ON SITE: 39 Days
  • ID#: 230007082
Under Contract
UPDATED: 62 min ago
$2,100,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

Unbelievable opportunity with this mixed use frontage lot on Morena Blvd! FIRST time available for sale in almost 40 years! Located directly across the Bay and Fiesta Island, walking to dining, breweries and steps away from the San Diego Trolley at Morena & Napier for USD students or for carefree trips to shopping at Fashion Valley, Downtown shopping/dining, Padres Stadium, Seaport Village, endless possibilities to effortlessly enjoy San Diego! Potential for add-on to existing buildings in rear or above or re-build to enjoy the Bay View Sunsets as a Dining frontage, Strip mall with Shop Keep units/ADUs, Automotive Repair, or as Dormitory units for USD Student Housing and so much more. Do Note, the Dealership on 2111 Morena Blvd has recently sold to Regents Of The University Of California per current tax records, for intended redevelopment, so the future potential of this location is abundant with opportunity. Currently, the lot has 4 older units which are fully rented, rented under market value with long term tenants. 2 buildings with 2 units each: Identical buildings with front units as 2 bed 1 bath and rear units as 1 bed 1 bath & 2 car garages in the rear of each building. Currently parking available in rear of units and for additional buildable lot square footage. Alley access. This Lot is Zoned CC-4-2: Commercial-Community allowing for mixed use of community serving commercial and residential, See Attached Zoning Municipal Code in Documents. Home Inspection included in Documents (low grade due to file size). 2 buildings with 2 units each: Identical buildings with front units as 2 bed 1 bath and rear units as 1 bed 1 bath & 2 car garages in the rear of each building. Currently parking available in rear of units and for additional buildable lot square footage. Alley access. This Lot is Zoned CC-4-2: Commercial-Community allowing for mixed use of community serving commercial and residential, see Attached Zoning Municipal Code in Documents. Home Inspection included in Documents (low grade due to file size).

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/138681538
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2059-2065 Morena Blvd San Diego, CA 92110

  • Price: $2,100,000
  • Status: CONTINGENT
  • On Site: 39 Days
  • Updated: 62 min ago
  • ID#: 230007082
6
Beds
4
Baths
0
½ Baths
0.16
Acres
1951
Built
Neighborhood:
Bay Park
County:
San Diego
Area:
Old Town Sd (92110)
Property Description
Unbelievable opportunity with this mixed use frontage lot on Morena Blvd! FIRST time available for sale in almost 40 years! Located directly across the Bay and Fiesta Island, walking to dining, breweries and steps away from the San Diego Trolley at Morena & Napier for USD students or for carefree trips to shopping at Fashion Valley, Downtown shopping/dining, Padres Stadium, Seaport Village, endless possibilities to effortlessly enjoy San Diego! Potential for add-on to existing buildings in rear or above or re-build to enjoy the Bay View Sunsets as a Dining frontage, Strip mall with Shop Keep units/ADUs, Automotive Repair, or as Dormitory units for USD Student Housing and so much more. Do Note, the Dealership on 2111 Morena Blvd has recently sold to Regents Of The University Of California per current tax records, for intended redevelopment, so the future potential of this location is abundant with opportunity. Currently, the lot has 4 older units which are fully rented, rented under market value with long term tenants. 2 buildings with 2 units each: Identical buildings with front units as 2 bed 1 bath and rear units as 1 bed 1 bath & 2 car garages in the rear of each building. Currently parking available in rear of units and for additional buildable lot square footage. Alley access. This Lot is Zoned CC-4-2: Commercial-Community allowing for mixed use of community serving commercial and residential, See Attached Zoning Municipal Code in Documents. Home Inspection included in Documents (low grade due to file size). 2 buildings with 2 units each: Identical buildings with front units as 2 bed 1 bath and rear units as 1 bed 1 bath & 2 car garages in the rear of each building. Currently parking available in rear of units and for additional buildable lot square footage. Alley access. This Lot is Zoned CC-4-2: Commercial-Community allowing for mixed use of community serving commercial and residential, see Attached Zoning Municipal Code in Documents. Home Inspection included in Documents (low grade due to file size).
Exterior Features

Exterior Stucco Fencing N/K Frontage Bay Parking Non Garage Desc Unit1 Assigned Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 Assigned Parking Non Garage Desc Unit4 Assigned Roof Composition Site Alley AccessPublic StreetOther/Remarks Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 2 Units With Patios 0 View BayEvening Lights

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

Property Features

Actual Cap Rate 0.0 Additional Property Use Res/Business Use OkWith StructuresOrmks Age Restrictions N/K Annual Expense Actual 5000 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Bay Park Complex Park 2059-2065 Morena Blvd Cross Streets Napier Gross Rent Multiplier Actual 0.03 Gross Scheduled Income Actual 55800 Mandatory Remarks First Right Of Refusal Market Area Metro Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Yes Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Electricity Terms CashConventionalExchange Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Rent Actual 0.0 Unit4 Deposit 0 Unit4 Occupied Tenant Unit4 Rent Actual 0.0 Water Meter On Property Water District City Of San Diego Zoning Commercial

San Diego MLS logo Listing provided courtesy of Shana Gridley of Crescent Bay Properties, Inc.: 858-229-6949. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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