1315 Morena Blvd, Old Town, CA 92110
- $3,390,000
- List Price
- $3,390,000
- Price Change
- ▼ $4,000 1780119107
- Status
- ACTIVE
- MLS#
- 260006537SD
- Lot Size
- 6,387
- Acres
- 0.15
- Days on Market
- 134
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Lowest Coastal Price Per Unit! Introducing a fully renovated 12-unit apartment community in the heart of Bay Park, one of San Diego’s most walkable coastal neighborhoods. Located just blocks from Mission Bay and within walking distance to restaurants and bars, the property offers strong tenant appeal and everyday convenience. The unit mix includes 3 studios, 8 one-bedroom/one-bath units, and 1 two-bedroom/two-bath unit, all renovated through a city-permitted down-to-the-studs remodel. Improvements include a new fire sprinkler system, all-new plumbing and electrical, new drywall and insulation, secured gated access, and off-street parking. Each unit features modern interiors, upgraded finishes, and in-unit washers and dryers, supporting stable rental income and reduced maintenance. The property offers quick access to the Tecolote Trolley Station, Interstate 5, University of San Diego, Old Town, Fashion Valley, San Diego International Airport, Mission Bay, Fiesta Island, and Tecolote Park, placing major employment, transit, and recreation within minutes.
Additional Information
- Cooling
- Yes
- Attached Structure
- Detached
- Number Of Units Total
- 12
- Gross Scheduled Income
- $268,358
- Operating Expense
- 101095
Listing courtesy of Listing Agent: Seth Watje (Watje@starkerwest.com) from Listing Office: Starker West, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.