San Diego, CA 92110,2059-2065 Morena Blvd
San Diego, CA 92110,2059-2065 Morena Blvd
San Diego, CA 92110,2059-2065 Morena Blvd
$2,100,000
Est. payment /mo
$2,100,000
Est.Price: ?

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6 Beds
4 Baths
6,826 Sqft Lot
SOLD DATE : 08/03/2023

Key Details

Sold Price $2,100,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Bay Park

MLS Listing ID 230007082

Sold Date 08/03/23

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1951

Lot Size 6,826 Sqft

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).

Location

State CA

County San Diego

Community Bay Park

Area Old Town Sd (92110)

Building/Complex Name 2059-2065 Morena Blvd

Zoning COMMERCIAL

Exterior

Exterior Feature Stucco

View Bay, Evening Lights

Roof Type Composition

Building

Lot Description Alley Access, Public Street, Other/Remarks

Story 1

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Conventional

Pets Description Yes

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San Diego Regional MLS (SDMLS)
Listed by Shana R Gridley • Crescent Bay Properties, Inc.
Bought with Kelly Gilson • eXp Realty of California, Inc.
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