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PRICE REDUCED $200K!! 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. Agent has not verified public records, including but not limited to permits, lot size, number of units, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
Property Type(s):
Commercial
| Last Updated | 5/19/2025 | Community | Old Town Sd |
|---|---|---|---|
| County | San Diego |
Price History
| Prior to May 19, '25 | $3,300,000 |
|---|---|
| May 19, '25 - Today | $3,100,000 |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | Old Town Sd |
| HOA DUES | 0 |
Location
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Listed with South Coast Commercial, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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