1270 Colusa St - Multi-Family FOR SALE


San Diego, CA 92110- Morena
$1,000,000 USD
858-373-3216
1270 Colusa St, San Diego, CA for Sale
$1,000,000 USD
Multi-Family - FOR SALE
1/5
null | 2.74% Cap Rate

1270 Colusa St
San Diego, CA 92110
Morena


HIGHLIGHTS

  • Two detached homes: one 2BR/1BA and one 1BR/1BA, ideal for strong long term tenancy
  • Located on a 5,200 SF lot with significant onsite parking - a rare coastal advantage
  • Stable, easy to manage property with consistent historical occupancy
  • Immediate value add upside through interior renovations or strategic improvements
  • Attractive option for both investors and owner-users in a supply constrained coastal rental market

OVERVIEW

We are pleased to present this well-maintained duplex situated on a 5,200 square foot parcel in one of San Diego’s most desirable coastal rental markets. This rare offering features two detached homes, ample parking, and immediate appeal for both owner occupants and investors seeking a low maintenance asset with stable income and long-term upside. The property consists of a 2bedroom, 1bath front house and a 1bedroom, 1bath rear house, each with functional layouts, strong natural light, and private outdoor areas. The detached configuration enhances livability and renter demand, offering residents the comfort and privacy of standalone homes - a premium characteristic in this tight coastal submarket. A standout feature of the property is the abundance of onsite parking, a valuable amenity in high density beach neighborhoods where off-street spaces are limited. The large 5,200squarefoot lot provides additional flexibility for future improvements, value add renovations, or long-term redevelopment potential (buyer to verify). With consistent occupancy, stable cash flow, and the ability to capture immediate upside through interior upgrades or repositioning, this duplex presents a compelling opportunity to own a versatile and low-maintenance coastal asset.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$781 USD /SF

# OF UNITS

2

PRICE/UNIT

$500,000

CAP RATE

2.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1270 Colusa Sreet

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

436-385-08-00

ASK ABOUT THIS PROPERTY

Jamison WheelerMarcus & MillichapMore Info
858-373-3216

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Jamison WheelerMarcus & MillichapMore Info
858-373-3216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.