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1315 Morena Blvd1 / 19 · Click to zoom

About this home

Lowest Coastal Price Per Unit! Introducing a fully renovated 12-unit apartment community in the heart of Bay Park, one of San Diego's most walkable coastal neighborhoods. Located just blocks from Mission Bay and within walking distance to restaurants and bars, the property offers strong tenant appeal and everyday convenience. The unit mix includes 3 studios, 8 one-bedroom/one-bath units, and 1 two-bedroom/two-bath unit, all renovated through a city-permitted down-to-the-studs remodel. Improvements include a new fire sprinkler system, all-new plumbing and electrical, new drywall and insulation, secured gated access, and off-street parking. Each unit features modern interiors, upgraded finishes, and in-unit washers and dryers, supporting stable rental income and reduced maintenance. The property offers quick access to the Tecolote Trolley Station, Interstate 5, University of San Diego, Old Town, Fashion Valley, San Diego International Airport, Mission Bay, Fiesta Island, and Tecolote Park, placing major employment, transit, and recreation within minutes.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,500,000 · Dec 2017
📋 Assessed value$1,888,791
💵 Annual tax$23,199
🏫 School districtSan Diego City Unified School District

MLS #260006537

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$21,238
Principal & interest$17,142
Property tax$3,108
Home insurance$989
Down payment: $678,000Loan: $2,712,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.