$806,000
SOLD AUG 11, 2020

1245 Colusa St San Diego, CA 92110

Morena Neighborhood
4 Beds
2 Baths
1,953 Sq Ft
3,312 Sq Ft Lot

Recently Sold

$413 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • City Lights View
  • Partially Fenced Property
  • 1-Story Property
  • Fireplace
  • Gentle Sloping Lot

About This Home

As of September 2023

Amazing opportunity, two on one located near The University of San Diego with great income potential. Lauretta St: Two story, 2 bedroom, 1 bathroom, plus a separate den/office featuring hardwood flooring and an upgraded bathroom and kitchen. Currently rented at $2,300 month. Colusa St: Single level 2 bedroom/1 bathroom with an attached one-car garage offering dual pane windows, a cozy fireplace, and hardwood flooring. Currently rented at $2,100 a month. Conveniently located, just minutes away from shopping, dining, parks, Fiesta Island, golf amenities, Interstates 5 and 8, plus so much more. Don’t let this opportunity pass you by!

Last Agent to Sell the Property

Tamara Markey

Redfin License #01372439 Listed on: 07/17/2020

Redfin

Last Buyer's Agent

Dan Floit

Floit Properties License #00701020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 3,312 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Fireplace
  • City Lights Views

Eco-Friendly Details

  • Sprinklers on Timer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 436-581-01-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $23,098

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Riley and Lauretta
  • Neighborhood: Morena
  • Supplement: Conveniently located, just minutes away from shopping, dining, parks, Fiesta Island, golf amenities, Interstates 5 and 8, plus so much more. Don’t let this opportunity pass you by!
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1940
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Evening Lights

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Fireplace, Wall/Gravity

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Irrigation: Automatic, Drip
  • Lot Size: 1-3,999 SF
  • Topography: Slope Gentle
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 436-581-01-00
  • Estimated Lot Sq Ft: 3312
  • Estimated Number of Acres: 0.08
  • Map Code Column: G
  • Map Code Page: 1268
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 23098
  • Annual Expense Actual: 23098
  • Gross Rent Multiplier Actual: 15.0
  • Gross Sched Income Actual: 52800
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Similar Homes in San Diego, CA

  • 2732-38 Fairmount Ave, San Diego, CA 92105

    $999,900

    • 6 Beds
    • 3 Baths
    • 2,212 Sq Ft
    • 2732-38 Fairmount Ave
    • San Diego, CA

    Savvy investors recognize that below-market rents mean instant equity growth, and this triplex zoned R-4 delivers exactly that. Featuring three 2BR/1BA units, including a standalone front home (approx. 761 sq ft) and stacked units with alley access (approx. 720 sq ft each), this property is fully occupied on month-to-month leases, allowing immediate rent adjustments to market rates. With pro

    Andrew Santiago Real Broker

    Section Image
  • 2925 Franklin Ave, San Diego, CA 92113

    $949,000

    • 6 Beds
    • 4 Baths
    • 2,432 Sq Ft
    • 2925 Franklin Ave
    • San Diego, CA

    Variance Granted 2-4 Units. Spacious Home with Guest Unit & Detached Shed Conversion in the Heart of the Arts District. This expansive two-story home offers 5 bed/2 bath, and an abundance of character, making it the perfect blend of historic charm and modern versatility. This unique property includes an attached 1-bed guest unit, ideal for extended family, rental income, or a private retreat.

    Ryan Main Compass

    Section Image
  • 4472 51st St Unit 74, San Diego, CA 92115

    $1,000,000

    • 4 Beds
    • 2 Baths
    • 4472 51st St
    • Unit 74
    • San Diego, CA

    **Charming Talmadge Duplex – Ideal Investment or Owner-Occupant Opportunity!** Located in the highly desirable **Talmadge neighborhood**, this **versatile duplex** offers a fantastic opportunity for investors or homeowners looking for rental income. With **two separate units**, each with **private entrances and a gated division for privacy**, this property provides flexibility and convenience.

    Jessica Nguyen HomeSmart Realty West

    Section Image
  • 4044 Eta St, San Diego, CA 92113

    $735,000

    • 5 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 4044 Eta St
    • San Diego, CA

    Fantastic Investment or Owner-Occupant Opportunity! This centrally located duplex at 4044-4046 Eta St, San Diego, CA 92113 features two units in one building. The front unit offers 3 bedrooms and 1 bathroom, while the rear unit includes 2 bedrooms and 1 bathroom — ideal for multi-generational living or generating rental income. Live in one unit and rent out the other! Enjoy easy access to major

    Robert Guerrero CFL Realty

    Section Image
  • 4046 Eta St Unit 48, San Diego, CA 92113

    $735,000

    • 5 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 4046 Eta St
    • Unit 48
    • San Diego, CA

    Welcome to 4046–4048 Eta St, San Diego, CA 92113—a well-located duplex offering both comfort and opportunity. This property mirrors the neighboring parcel and features two units. Front Unit: 3 bedrooms | 1 bathroom Rear Unit: 2 bedrooms | 1 bathroom. Whether you're looking to live in one unit and rent the other, house extended family, or maximize rental income, this setup provides flexibility for

    Robert Guerrero CFL Realty

    Section Image
  • 2222-24 W Dunlop St, San Diego, CA 92111

    $939,900

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • 2222-24 W Dunlop St
    • San Diego, CA

    Don't miss this development opportunity, located in an excellent pocket of San Diego, close to bus, USD, UCSD, and our beautiful Pacific Ocean! Existing duplex + large metal building used as shop with comfortable space for off-street parking for 8-10 vehicles allow for immediate cash flow for an investor while submitting plans to build. Rent duplex, workshop and provide parking for all tenants.

    Libby Rogers R.B. Haley, Inc

    Section Image
  • 7136-38 E Hyatt St, San Diego, CA 92111

    $930,000

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft
    • 7136-38 E Hyatt St
    • San Diego, CA

    ESTATE SALE WITH NO ANTICIPATED COMPLICATIONS. GREAT CURB APPEAL, NICELY UPGRADED DUPLEX ON A HUGE LOT WITH POSSIBLE ADU POTENTIAL. BOTH UNITS HAVE WHAT APPEARS TO BE ORIGINAL AND POLISHED HARDWOOD FLOORS. BOTH UNITS HAVE UPGRADED KITCHENS WITH WHITE CABINETRY, AND STAINLESS STEEL FIXTURES AND APPLIANCES. BOTH BATHROOMS HAVE BEEN REPLACED AND UPGRADED. BOTH UNITS HAVE REPLACEMENT WINDOWS, AND

    Russell Walker Keller Williams Realty

    Section Image
  • 3208-10 32nd St, San Diego, CA 92104

    $995,000

    • 3 Beds
    • 2 Baths
    • 1,459 Sq Ft
    • 3208-10 32nd St
    • San Diego, CA

    BACK ON MARKET 6-27-2025, Buyer could not perform. Subject to cancelation of current escrow. Looking for a duplex in the desirable neighborhood of North Park ? Contractors this is your opportunity to restore this charming Spanish style front house with an additional unit. This 6235 square foot lot goes to an alley. Front house has an additional room behind kitchen, potential for a 3rd BR.

    Diana Weinrieb Century 21 Affiliated

    Section Image
  • 3524-26 36th St, San Diego, CA 92104

    $999,000

    • 3 Beds
    • 2 Baths
    • 3524-26 36th St
    • San Diego, CA

    HUGE ORIGINAL PRICE REDUCTION! What an incredible opportunity to own and grow all on one property! These 2 on 1 individual Move-In Ready Homes are nestled in Cherokee Point in the North Park area! Each home has updated kitchen and bathrooms along with new flooring and interior/exterior paint throughout with private yard space for outdoor entertaining along with plenty of parking/RV parking

    Marcella Prado Direct Realty

    Section Image
See All Homes in San Diego

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $1,500,000 -3.2% $650 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $1,550,000 -2.5% $672 / Sq Ft
06/14/2023 06/14/23 Price Changed $1,590,000 -3.0% $689 / Sq Ft
05/09/2023 05/09/23 For Sale $1,640,000 +103.5% $711 / Sq Ft
08/11/2020 08/11/20 Sold $806,000 -3.5% $413 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $835,000 -- $428 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Conor Brennan

    Seller's Agent in 2023

    Conor Brennan

    Marcus & Millichap

    (720) 841-8139

    1 in this area

    25 Total Sales

    Conor Brennan
    Section Image

  • M

    Buyer's Agent in 2023

    Maria Storti

    eHomes

    (714) 293-8625

    1 in this area

    3 Total Sales

    Section Image
  • Tamara Markey

    Seller's Agent in 2020

    Tamara Markey

    Redfin

    (619) 370-3256

    Section Image

  • D

    Buyer's Agent in 2020

    Dan Floit

    Floit Properties

    (619) 417-4567

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200033515

San Diego MLS

APN: 436-581-01-00

California San Diego County San Diego 92110 Morena

1245 Colusa St, San Diego, CA

This home is located at 1245 Colusa St, San Diego, CA 92110 and is currently priced at $806,000, approximately $412 per square foot. This property was built in 1940. 1245 Colusa St is a home located in San Diego County with nearby schools including Carson Elementary School, Montgomery Middle School, and Empower Language Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes