Description
Well-maintained and stabilized 4 Unit property located in the highly desirable Morena neighborhood of San Diego. The building is currently occupied by solid, long-term tenants and provides reliable in-place income from day one. The units have been partially renovated and present a clear value-add opportunity through selective renovations, including kitchens, bathrooms, finishes, windows, and other cosmetic upgrades to further increase rents and overall return. The roof is in good condition. Each unit is assigned one on-site parking space in an area where parking is a premium. The location is a major strength—centrally positioned with easy access to University of San Diego, Tecolote Canyon, multiple Golf Courses, Mission Bay, Pacific Beach, SeaWorld, and Fashion Valley Mall, along with nearby freeway access to I-5 and I-8. This proximity to employment centers, recreation, shopping, and transit drives consistent rental demand. An excellent opportunity for investors seeking stable cash flow today with upside potential tomorrow in one of San Diego’s most supply-constrained rental markets.
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School Ratings & Info
Description
Well-maintained and stabilized 4 Unit property located in the highly desirable Morena neighborhood of San Diego. The building is currently occupied by solid, long-term tenants and provides reliable in-place income from day one. The units have been partially renovated and present a clear value-add opportunity through selective renovations, including kitchens, bathrooms, finishes, windows, and other cosmetic upgrades to further increase rents and overall return. The roof is in good condition. Each unit is assigned one on-site parking space in an area where parking is a premium. The location is a major strength—centrally positioned with easy access to University of San Diego, Tecolote Canyon, multiple Golf Courses, Mission Bay, Pacific Beach, SeaWorld, and Fashion Valley Mall, along with nearby freeway access to I-5 and I-8. This proximity to employment centers, recreation, shopping, and transit drives consistent rental demand. An excellent opportunity for investors seeking stable cash flow today with upside potential tomorrow in one of San Diego’s most supply-constrained rental markets.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.