1245 Colusa St San Diego, CA 92110
Morena Neighborhood
4
Beds
3
Baths
2,308
Sq Ft
3,312
Sq Ft Lot
About This Home
As of September 2023BIG PRICE REDUCTION! 1245 Colusa Street is a fully leased and rehabilitated triplex in the desirable Morena neighborhood of San Diego next to University of San Diego. The complex features two structures consisting of a 2-bedroom house at the corner of Lauretta and Colusa, a 2-bedroom / 1-bath unit and fully permitted Studio / 1-Bath ADU within the alley corner structure. The property sits on a 3,312 square foot lot built in 1940. All units have received top tier upgrades such as recessed lighting, new Frigidaire appliance packages, custom white cabinetry and hardware, sliding barn doors, backsplash, coil sinks, fans, flooring, doors and tiled walk-in showers. All units feature washer/dryers and exteriors have received new lighting, landscaping, private rear shed, mailboxes, unit numbers and paint. Morena is a densely populated urban neighborhood of San Diego neighboring Bay Park, Linda Vista, Mission Hills and the University of San Diego. The neighborhood is popular among students and young families with a median age of 25. A majority of the area is made up of homes and rentals with the main food and entertainment corridor along Linda Vista Road which includes breweries, coffee shops, a mixture of local and large food chains and shops. An astute investor may buy the property to live in and rent out the property or finish off renovations of the front house and sit on the property as a long-term investment.
Last Agent to Sell the Property
Marcus & Millichap License #01918598 Listed on: 05/09/2023
Last Buyer's Agent
Maria Storti
eHomes License #01052854
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 3,312 Sq Ft Lot
- Partially Fenced Property
Home Design
- Composition Roof
- Wood Siding
Additional Features
- 2-Story Property
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas/propane
- Assessor Parcel Number 436-581-01-00
- $57 annual special tax assessment
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Net Operating Income $72,236
Similar Homes in San Diego, CA
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Home Values in the Area
Average Home Value in this Area
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
Agents Affiliated with this Home
-
Seller's Agent in 2023
Conor Brennan
Marcus & Millichap
(720) 841-8139
1 in this area
27 Total Sales
-
M
Buyer's Agent in 2023
Maria Storti
eHomes
-
T
Seller's Agent in 2020
Tamara Markey
Redfin
-
D
Buyer's Agent in 2020
Dan Floit
Floit Properties
Map
Source: San Diego MLS
MLS Number: 230008540
APN: 436-581-01-00
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