1901-1911 Morena Blvd Immeuble residentiel 7 lots 2 632 954 € (376 136 €/Lot) Taux de capitalisation 2,97 % San Diego, CA 92110

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.