Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Lot size

6,826 sqft

Year built

1951

Stories

1

Cooling

None

Status

Active

Days on market

41

MLS #

246618211

About this property

Vacant four-unit investment opportunity in Bay Park, consisting of two duplexes with detached rear garages. The property offers flexibility for an investor or developer to renovate and reposition the existing residences, with potential to convert the garages into two additional dwelling units, subject to City approval. The current unit mix includes one- and two-bedroom floor plans, and the vacant condition allows a new owner to begin improvements and establish market rents without relocating existing tenants. The site may also offer longer-term redevelopment potential under current zoning and applicable housing programs. Conveniently located near the Morena/Linda Vista Trolley Station, Mission Bay, USD, major employment centers, shopping, dining, and freeway access. Buyer to independently verify zoning, allowable density, development potential, ADU feasibility, square footage, and all property information with the appropriate agencies.

Location

65 Morena Blvd

San Diego, San Diego, CA, 92110