2059-65 Morena Blvd, Old Town, CA 92110
- $1,900,000
- 6
- BD
- 4
- BA
- List Price
- $1,900,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 260021403
- Bedrooms
- 6
- Bathrooms
- 4
- Lot Size(apprx.)
- 6,826
- City
- Old Town
- Neighborhood
- Bay Park
- Complex/Building Name
- Bay Park
- Property Type
- Multifamily
- Year Built
- 1951
Property Description
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.
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Additional Information
- Building Name
- Bay Park
- Cooling
- None
- Lot Size
- 6,826
- Neighborhood
- Bay Park
- Roof
- Tile/Clay
- Tenant Pays
- N/K
- Year Built
- 1951
Mortgage Calculator
Listing courtesy of Listing Agent: Aaron Bove (858-945-7094) from Listing Office: Colliers International SD, Inc.
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