SoldJun 22, 2021

Listed by Raymond Choi from Marcus & Millichap

Source: San Diego MLS #210003507

2821 Morena Boulevard, San Diego, CA, 92117

$5,835,000

1
20
10150 sq. ft.
0.27 ac.

Other

30+ days on the market

Sold: Jun 22, 2021

What's around 2821 Morena Boulevard

About this property

2821 Morena Boulevard, also known as Sunset Studios, is a well maintained 20-unit multi-family offering comprised of 20 large studios with 10 of the units facing westerly with expansive views of the popular Mission Bay. Built in 1977, the property rests on a 11,782 sq ft parcel. The oversized Studio units feature large walk-in closets with select units partially renovated, & has the potential to be converted to junior one-bedroom units. Attractive tenant offerings include: views of Mission Bay, close proximity to freeways and beaches, steps from a new trolley stop, on-site laundry, assigned off-street parking, on-site management, & secure gated access to the property. The property has been well maintained with upgrades such as solar light tubes in the 2nd floor hallway, vinyl double pane windows, & replacement hot water lines. Additionally, the all-electric units are separately metered for electric, the building has 1 main gas meter, 1 large water heater, 4 storage/utility rooms, & is on a raised foundation.

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