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2059-65 Morena Blvd
Metro San Diego 92110

$1,900,000
Residential Income beds: 6 baths: 4.0 0 sq. ft. built: 1951

Main Photo: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
Photo 1: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
Photo 2: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
Photo 3: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
Photo 4: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260021403
Bedrooms:
6
Bathrooms:
4
Year Built:
1951
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.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Metro
Neighborhood Code:
Bay Park
Name of Complex/Subdivision:
BAY PARK
Building Name:
Bay Park
Total Building Area:
2,280 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
6
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1951
Age (in years):
75 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Exchange
Cap Rate.:
0.0
Gross scheduled income:
0.0
Other income actual:
0
Operating expense:
38035.0
Gross Rent Multiplier:
0.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
N/K
Unit Number for Unit 1:
4059
Unit Number for Unit 2:
2061
Unit Number for Unit 3:
2063
Unit Number for Unit 4:
2065
Projected Rent for Unit 1:
$2,200
Projected Rent for Unit 2:
$3,400
Projected Rent for Unit 3:
$3,400
Projected Rent for Unit 4:
$3,400
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
6,970 sq. ft.
Parcel Number:
430-331-02-00
Cooling:
N/K
Roof:
Tile/Clay
Security:
N/K
Zoning:
COMMERCIAL
Fencing:
Partial
  • Photo 1: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
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  • Photo 2: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
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  • Photo 3: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
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  • Photo 4: Residential Income for sale : 6 bedrooms : 2059-65 Morena Blvd in San Diego
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Listed by Colliers International SD, Inc
Data was last updated September 2, 2026 at 01:10 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$1,897,500
Min list price:
$875,000
Max list price:
$6,350,000
Avg days on market:
65
Min days on market:
20
Max days on market:
440
These statistics are generated based on the current listing's property type and located in Metro. Average values are derived using median calculations. This data is not produced by the MLS® system.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.