Properties

San Diego, CA 92110 1111 Colusa St

1111 Colusa St San Diego, CA - Image 11111 Colusa St San Diego, CA - Image 21111 Colusa St San Diego, CA - Image 3
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1111 Colusa St San Diego, CA - Image 41111 Colusa St San Diego, CA - Image 51111 Colusa St San Diego, CA - Image 6
Presented By: Daniel Sipher with Landmark Multifamily and Development;
  • MLS# 260007634SD
  • 04/01/2026
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Home Details

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 โ€” (1) 1bed/1bath and (1) 2bed/2bath โ€” 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 โ€” the kind of walkable, amenity-rich neighborhood that tenants don't leave. All zoning and development potential to be verified by buyer.
Presented By: Daniel Sipher with Landmark Multifamily and Development;

Interior Features for 1111 Colusa St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories1

General for 1111 Colusa St

Cap Rate1.9
CitySan Diego
CoolingSee Remarks
CountySan Diego
DirectionsCrossStreet: Colusa St & Gaines St
HOA Fee$
LevelsOne
MLS Area92110 - Old Town Sd
Net Operating Income24633
Number Of Units Total2
PostalCitySAN DIEGO
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameSan Diego
Tenant PaysSee Remarks
Year Built1947

Exterior for 1111 Colusa St

Lot Size SourceAssessor
Number of Buildings2
Park NameMorena
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,299,000
MLS#260007634SD
List Date 04/01/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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