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Exceptional investment or redevelopment opportunity in the sought-after Morena District, just minutes from USD, Mission Bay, and Fashion Valley. This 3-bed, 2-bath single-family home sits on a 5,000 sq ft lot with alley access "” ideal for ADU additions, redevelopment, or multi-unit potential under San Diego's Complete Communities program which extends the density to 4.0 FAR or (20,000 sqft). The existing home offers approximately 1,080 sq ft of living space with classic mid-century charm, a detached garage, and a functional layout ready for renovation or re-use. The property's location, zoning flexibility, and strong rental demand make it a standout opportunity for builders, investors, and small-scale developers alike. Highlights include, flat 5,000 sq ft lot with alley access, zoned for density bonus / ADU potential (verify with city), centrally located near USD, Mission Valley, and major freeways, minutes to beaches, downtown, and top retail centers, strong rental demand and redevelopment upside. Don't miss this rare chance to secure a property with both short-term income potential and long-term development value in one of San Diego's fastest-growing submarkets.
Property Type(s):
Single Family
| Last Updated | 10/9/2025 | Tract | Old Town |
|---|---|---|---|
| Year Built | 1956 | Community | 92110 - Old Town Sd |
| Garage Spaces | 2.0 | County | San Diego |
Additional Details
| AIR | None |
|---|---|
| AREA | 92110 - Old Town Sd |
| GARAGE | Yes |
| LOT | 5001 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Old Town |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with RAD Real Estate Co.
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.
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