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Multifamily

1270 Colusa

1270 Colusa St, San Diego, CA 92110

Listing Price: $1,000,000

Cap Rate
2.74%
Number of Units
2
GRM
20.03
Occupancy
100.0%
Price/Unit
$500,000
Price/Gross SF
$781.25
Gross SF
1,280

Investment Overview

Marcus & Millichap is pleased to present this well-maintained duplex situated on a 5,200 square foot parcel in one of San Diego’s most desirable coastal rental markets. This rare offering features two detached homes, ample parking, and immediate appeal for both owner occupants and investors seeking a low maintenance asset with stable income and long term upside.

The property consists of a 2 bedroom / 1 bath front house and a 1bedroom, 1bath rear house, each with functional layouts, strong natural light, and private outdoor areas. The detached configuration enhances livability and renter demand, offering residents the comfort and privacy of standalone homes - a premium characteristic in this tight coastal submarket.

A standout feature of the property is the abundance of onsite parking, a valuable amenity in high density beach neighborhoods where off-street spaces are limited. The large 5,200squarefoot lot provides additional flexibility for future improvements, value add renovations, or long-term redevelopment potential (buyer to verify).

With consistent occupancy, stable cash flow, and the ability to capture immediate upside through interior upgrades or repositioning, this duplex presents a compelling opportunity to own a versatile and low-maintenance coastal asset.

Investment Highlights

  • Two detached homes: one 2BR/1BA and one 1BR/1BA, ideal for strong long term tenancy
  • Located on a 5,200 SF lot with significant onsite parking - a rare coastal advantage
  • Stable, easy to manage property with consistent historical occupancy
  • Immediate value add upside through interior renovations or strategic improvements
  • Attractive option for both investors and owner-users in a supply constrained coastal rental market

Exclusively Listed By

Multifamily

1270 Colusa

Listing Price: $1,000,000

Cap Rate
2.74%
Number of Units
2
GRM
20.03
Occupancy
100.0%
Price/Unit
$500,000
Price/Gross SF
$781.25
Gross SF
1,280

Investment Highlights

  • Two detached homes: one 2BR/1BA and one 1BR/1BA, ideal for strong long term tenancy
  • Located on a 5,200 SF lot with significant onsite parking - a rare coastal advantage
  • Stable, easy to manage property with consistent historical occupancy
  • Immediate value add upside through interior renovations or strategic improvements
  • Attractive option for both investors and owner-users in a supply constrained coastal rental market

Investment Overview

Marcus & Millichap is pleased to present this well-maintained duplex situated on a 5,200 square foot parcel in one of San Diego’s most desirable coastal rental markets. This rare offering features two detached homes, ample parking, and immediate appeal for both owner occupants and investors seeking a low maintenance asset with stable income and long term upside. The property consists of a 2 bedroom / 1 bath front house and a 1bedroom, 1bath rear house, each with functional layouts, strong natural light, and private outdoor areas. The detached configuration enhances livability and renter demand, offering residents the comfort and privacy of standalone homes - a premium characteristic in this tight coastal submarket. A standout feature of the property is the abundance of onsite parking, a valuable amenity in high density beach neighborhoods where off-street spaces are limited. The large 5,200squarefoot lot provides additional flexibility for future improvements, value add renovations, or long-term redevelopment potential (buyer to verify). With consistent occupancy, stable cash flow, and the ability to capture immediate upside through interior upgrades or repositioning, this duplex presents a compelling opportunity to own a versatile and low-maintenance coastal asset.

Exclusively Listed By

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