$1,299,000

1111 Colusa St, San Diego, CA 92110

Multi-Family Home
Built in 1947
—— sqft lot
—— car garage
$——/sqft
Listed 22 hours ago

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.

Listing Status:: Active
Date Added:: April 1, 2026
Data Last Updated:: April 2, 2026 at 3:19AM
Listing Office:: Landmark Multifamily and Development : 408-368-5225
Listing Agent:: Daniel Sipher : 408-368-5225
MLS ID:: 260007634SD

A/C: See Remarks
Heating:

Parking: Parking spaces: 0

General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS_SAND
County: San Diego

Zoning: 4365910500

Source: CRMLS_SAND

This listing courtesy of Daniel Sipher , Landmark Multifamily and Development

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Longfellow K-8

5055 July St, San Diego, CA, 92110

Grades KG-8

1.17 miles away

Twain High School

6402 Linda Vista Rd, San Diego, CA, 92111

Grades 7-12

0.72 miles away

Twain High School

6402 Linda Vista Rd, San Diego, CA, 92111

Grades 7-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.