See all 7 photos
$1,299,000
Est. payment /mo
3 Beds
3 Baths
Active
1111 Colusa St San Diego, CA 92110
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 260007634
Bedrooms 3
Full Baths 3
Year Built 1947
Property Sub-Type Res Income 2-4 Units
Property Description
Value-add opportunity in the heart of Morena. This 5,000 SF lot zoned RM-3-7 supports increased residential density by right, making it an ideal acquisition for a developer or investor with a multifamily vision. The property consists of (2) units — (1) 1bed/1bath and (1) 2bed/2bath — currently tenant-occupied with in-place cash flow while you plan or entitle. A private driveway provides ample off-street parking for both units. Steps from USD, minutes to Mission Bay, Old Town, Fashion Valley, and SAN Airport. Morena Boulevard's restaurants, coffee shops, and breweries are right around the corner — the kind of walkable, amenity-rich neighborhood that tenants don't leave. All zoning and development potential to be verified by buyer.
Location
State CA
County San Diego
Area Metro
Interior
Cooling Other/Remarks
Fireplace No
Exterior
Fence Other/Remarks
View Y/N No
Roof Type Other/Remarks
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 436-591-05-00
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Special Listing Condition Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/260007634

Listed by Daniel A Sipher, DRE#02043589 Landmark Multifamily and Development
NEARBY SCHOOL & BUSINESS
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