1270 Colusa Street, Old Town, CA 92110

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Sold Price
$1,045,000
List Price
$1,045,000
Closing Date
Apr 30, 2026
Status
CLOSED
MLS#
260005566SD
Days on Market
37
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

We are 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 longterm upside. The property consists of a 2bedroom, 1bath 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.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$49,920
Operating Expense
21462

Listing courtesy of Listing Agent: Austin Huffman (ahuffman@ipausa.com) from Listing Office: Marcus & Millichap.

Listing sold by Austin Huffman from Marcus & Millichap

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.