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Sold for $2,100,000 on 08/03/23
  • $2,100,000

    2059-2065 N Morena Blvd, San Diego, CA 92110

    6beds
    --sqft
    Multi Family
    Built in 1951
    -- sqft lot
    $2,053,900 Zestimate®
    $--/sqft
    $4,266 Estimated rent

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    $4,266/mo

    Rent Zestimate®

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    $13,353/mo

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    $13,353/mo

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    What's special

    Unbelievable opportunity with this mixed use frontage lot on Morena Blvd! FIRST time available for sale in almost 40 years! Located directly across the Bay and Fiesta Island, walking to dining, breweries and steps away from the San Diego Trolley at Morena & Napier for USD students or for carefree trips to shopping at Fashion Valley, Downtown shopping/dining, Padres Stadium, Seaport Village, endless possibilities to effortlessly enjoy San Diego! Potential for add-on to existing buildings in rear or above or re-build to enjoy the Bay View Sunsets as a Dining frontage, Strip mall with Shop Keep units/ADUs, Automotive Repair, or as Dormitory units for USD Student Housing and so much more. Do Note, the Dealership on 2111 Morena Blvd has recently sold to Regents Of The University Of California per current tax records, for intended redevelopment, so the future potential of this location is abundant with opportunity. Currently, the lot has 4 older units which are fully rented, rented under market value with long term tenants. 2 buildings with 2 units each: Identical buildings with front units as 2 bed 1 bath and rear units as 1 bed 1 bath & 2 car garages in the rear of each building. Currently parking available in rear of units and for additional buildable lot square footage. Alley access. This Lot is Zoned CC-4-2: Commercial-Community allowing for mixed use of community serving commercial and residential, See Attached Zoning Municipal Code in Documents. Home Inspection included in Documents (low grade due to file size).

    Zillow last checked: 8 hours ago

    Listing updated: August 13, 2025 at 04:42am

    Listed by:

    Shana R Gridley DRE #01383969 858-229-6949,

    Crescent Bay Properties

    Bought with:

    Kelly Gilson, DRE #01955189

    eXp Realty of California, Inc.

    Source: SDMLS,MLS#: 230007082MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • N/K
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: 1 Story
    • Fencing: N/K
    • Has view: Yes
    • View description: Bay, Evening Lights
    • Has water view: Yes
    • Water view: Bay
    • Frontage type: Bay
    Lot
    • Size: 6,969 sqft
    Details
    • Zoning: COMMERCIAL
    • Zoning description: COMMERCIAL

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1951

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Security
    • Security features: N/K
    Location
    • Region: San Diego
    • Subdivision: BAY PARK

    Other

    Other facts
    • Listing terms: Cash,Conventional,Exchange
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    Estimated market value
    $2,053,900