Listed by Coldwell Banker Realty Carmel Valley-Southern California
$1,095,000
641 Morrison Street
Details
APN 5460720700
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 5.60%
Buildings 3
Stories 1
Acreage 0.140
Multifamily | 5.60% CAP | 3 Units
Marketing description
Triplex located in San Diegos Mount Hope neighborhood, offering flexibility for a variety of occupancy or rental arrangements. The property includes three separate units: a spacious 3-bed/1-bath, a 2-bed/1-bath, and a newly built studio ADU. The site features 5 uncovered off-street parking spaces that provide added convenience for occupants. The location offers access to nearby shops, local markets, major freeways, Balboa Park, downtown San Diego, and regional employment centers. The central setting supports steady interest from prospective renters. This property may be suitable for owner-occupants, investors, or those seeking additional living space. Buyers are advised to verify all measurements, income potential, zoning, and use possibilities with appropriate professionals and local agencies. **Fully permitted ADU was built in 2024. All units have new water heaters. Middle unit has new roof.
Listing Contacts
Listed by Coldwell Banker Realty Carmel Valley-Southern California
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