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).
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
Owner options
What's special
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#: 230007082
Originating 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