Morena Blvd Redevelopment
For Sale
$6,750,000
1013 Morena Blvd, San Diego, CA 92110
Infill redevelopment opportunity in San Diego's Morena Station District.
Property Size7,425 SF
Lot Size0.61 Acres
Price / SF$909.09
Days on Market92
Property Features for 1013 Morena Blvd
General Information
Standard status
Active
Size
7,425 SF
Lot size
0.61 Acres
Property subtype
Shopping Strip
Building Details
Building Size
7,425 SF
Year Built
1954
Listing Agency:
Marcus & Millichap | San Diego
(858) 373-3161
Listed By:
Ethan Costa · License #License(s): CA: 02239620
(858) 373-3161
Source:
Marcusmillichap
Added: Jun 1
Changed: Aug 8
Last Checked: Aug 31 at 12:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | San Diego
Investment Insights
Based on property information with market context.
Located in San Diego’s Morena Station District, 1013 Morena Blvd presents a redevelopment opportunity. The site consists of approximately 0.61 acres with 75 feet of frontage along Morena Blvd and 359 feet of depth. A commissioned feasibility study confirms a maximum FAR of 4.0, allowing approximately 104,648 gross square feet and potential for up to 114 residential units through the Morena Corridor Specific Plan, Morena Station District, Complete Communities Housing Solutions Tier 4, TOD Enhancement, and applicable state density bonus programs. The existing approximately 7,400-square-foot building generates roughly $198,000 in annual income. Phase I and Phase II environmental reports have been completed, and the property has received a No Further Action letter from the SAM Division, providing environmental clarity for future development. Additionally, there are no known fatal geotechnical or development constraints based on completed diligence. The zoning framework provides meaningful advantages for developers, including significant parking relief, potential waivers on setbacks, open space, lot coverage, and design standards, along with a ministerial approval path intended to reduce entitlement risk and accelerate housing production.
Key Highlights
- High‑density redevelopment potential with a maximum FAR of 4.0, allowing for approximately 104,648 gross square feet and up to 114 residential units.
- Located in San Diego’s Morena Station District within the Morena Corridor Specific Plan, near major transit, USD, and coastal/urban demand drivers.
- Favorable entitlement framework with significant parking relief and potential waivers on setbacks, open space, lot coverage, and design standards.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,397
Businesses Nearby
Explore this area
Business Placement
Demographics for 92110, CA
31,048
Population
13,227
Households
2.3
Avg Household Size
34
Median Age
54%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
6,210
Density / Sq Mi
$102,508
Median Household Income
$52,150
Median Earnings
$2,298
Median Rent
$885,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Infill redevelopment opportunity in San Diego's Morena Station District.
Where is this commercial land located?
The property is located at 1013 Morena Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: High‑density redevelopment potential with a maximum FAR of 4.0, allowing for approximately 104,648 gross square feet and up to 114 residential units.; Located in San Diego’s Morena Station District within the Morena Corridor Specific Plan, near major transit, USD, and coastal/urban demand drivers.; Favorable entitlement framework with significant parking relief and potential waivers on setbacks, open space, lot coverage, and design standards.
