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Triplex with Garage Parking

4051 Morrell Street, San Diego, CA 92109

For Sale
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Two separate buildings offer three residences with private outdoor areas, shared laundry, and courtyard space.

Property SizeContact for details
Days on Market24

Property Features for 4051 Morrell Street

General Information

Standard status Active
Net Rentable 3,158 SF
Total Parking Spaces 5
Property subtype Multifamily

Site & Location

Neighborhood Mission Bay

Units

Unit Mix 2 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Amenities

private patios and balconies
on-site laundry facility
shared outdoor courtyard space

Building Details

Year Built 1950
Buildings 2
Listing Agency: WHITEWATER Commercial Real Estate
Listed By: Carson Trujillo · License CA #01974818
Source: Crexi
Added: Oct 19 Changed: Nov 10 Last Checked: Nov 10 at 2:13PM

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 WHITEWATER Commercial Real Estate

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Investment Insights

Based on property information with market context.

Built in 1950, the property comprises two buildings with a combined 3,158 rentable square feet. Its three residences include two 2-bedroom, 2-bathroom units and one 3-bedroom, 2-bathroom unit, ranging from 950 to 1,258 square feet. Private patios and balconies, five single-car garages, an on-site laundry facility, and a common courtyard are part of the property. Garage access is from the alley.

The property is at 4051 Morrell Street in San Diego, near Mission Bay, Crown Point Park, beaches, and waterfront recreation. Restaurants and retail along Grand and Garnet Avenues are also nearby.

Key Highlights

  • Three residences across two buildings; 3,158 rentable square feet total
  • Unit mix: two 2‑bedroom/2‑bathroom residences and one 3‑bedroom/2‑bathroom residence
  • Units range from 950 to 1,258 square feet

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,700
Businesses Nearby

Demographics for 92109, CA

44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value
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Market

Average Price Trend$/SF for Triplexes in San Diego, CA

$886 Jul
$789 Aug
$793 Sep
$743 Oct

Properties on Market for Triplexes in San Diego

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two separate buildings offer three residences with private outdoor areas, shared laundry, and courtyard space.
Where is this triplex located?
The property is located at 4051 Morrell Street San Diego, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Three residences across two buildings; 3,158 rentable square feet total; Unit mix: two 2‑bedroom/2‑bathroom residences and one 3‑bedroom/2‑bathroom residence; Units range from 950 to 1,258 square feet
(859) 433-8741 Call to check price and availability
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