Morena Real Estate

Welcome to Morena, a charming neighborhood nestled in the heart of San Diego County's Old Town. Known for its rich history and vibrant culture, Morena offers a unique blend of urban convenience and suburban tranquility, making it a prime destination for families, professionals, and retirees alike.

Morena is characterized by its tree-lined streets, inviting parks, and a strong sense of community. Residents enjoy the convenience of nearby shopping centers, delightful cafes, and a variety of dining options that cater to every palate. Whether you’re in the mood for a casual bite or a fine dining experience, the local culinary scene is sure to impress.

For outdoor enthusiasts, Morena is just a stone's throw away from some of San Diego's most beautiful parks and recreational areas. Enjoy a leisurely stroll or a weekend picnic at the scenic Mission Bay Park, or take advantage of the nearby hiking trails that offer breathtaking views of the Pacific Ocean.

Families will appreciate the excellent school districts serving the area, providing quality education and a nurturing environment for children. The neighborhood also boasts a range of community events throughout the year, fostering connections and friendships among residents.

With its prime location, rich cultural heritage, and welcoming atmosphere, Morena is more than just a place to live—it's a place to thrive. Discover your new home in this delightful neighborhood and experience the best that Old Town San Diego has to offer!

Newest Listings in Morena

$549,900

2 Beds ⋅ 1 Baths ⋅ 260018491 MLS ⋅ ACTIVE Status ⋅ Friars Village BLDG.

Welcome to Friars Village! Don't miss this beautifully updated 2-bedroom, 1-bathroom Townhome/PUD located in the heart of downtown San Diego. This two-story home features a thoughtfully designed, modern open-concept layout with a seamless flow between living spaces and an abundance of natural light throughout. A standout feature is the expanded dining area, adding valuable usable square footage and creating a more functional space for both everyday living and entertaining. New roof coming in Sept. What truly sets this home apart is land ownership — unlike a typical condo where you only own the structure, this PUD gives you true ownership of the land beneath your home. There's also a rare bonus: the basement area next to the garage offers real ADU potential. With some excavation, this space could be transformed into valuable additional living area, adding both function and future value to the property. Ideally located in the heart of downtown San Diego, this home offers unmatched walkability and centrality. A unique combination of updated living space, land ownership, and expansion potential — this one is truly worth seeing!

6238 Caminito Andreta, Linda Vista

$1,150,000

3 Beds ⋅ 1 Baths ⋅ 260015493 MLS ⋅ ACTIVE Status

Prime infill development opportunity blocks from USD. This RM-3-7 lot sits in a Sustainable Development Area and qualifies for the City’s Complete Communities Housing Solutions program, with preliminary plans submitted to the City for up to 23 units. Rear alley access opens up parking and site design flexibility that street-only lots can’t match. Add the program’s FAR and density bonuses, plus a ministerial path that can avoid discretionary review, and this is a rare entitlement play in a transit-served pocket of Linda Vista. Walk to a Trolley stop under a mile away, with quick access to Mission Bay, the beaches, Riverwalk Golf Club, Fashion Valley, and UTC. The existing mid-century home features original wood flooring, open beam ceilings, and wood-cased windows with strong natural light from its southern exposure, ideal income while you entitle.

5858 Riley St, Old Town

$1,595,000

4 Beds ⋅ 4 Baths ⋅ 260014837 MLS ⋅ ACTIVE Status ⋅ Na BLDG.

Well-maintained 4-unit property in San Diego's desirable Morena neighborhood. The property is occupied by long-term tenants in month to month contracts and provides stable in-place income from day one. Value add opportunity in renovating the units. The building has a good roof, one assigned on-site parking space for each unit, and a layout that is easy to manage. Parking is a valuable amenity in this area and helps support tenant retention or could be an ADU opportunity. Located just minutes from the University of San Diego, Mission Bay, Old Town, Fashion Valley, SeaWorld, and major employment centers, the property benefits from strong and consistent rental demand. Easy access to I-5, I-8, nearby trolley stations, and San Diego International Airport makes the location convenient for a wide range of tenants. This is an opportunity to acquire a stabilized asset in a central San Diego location with immediate cash flow and long-term upside through continued improvements and rent growth.

5707 Mildred St, Old Town

$1,750,000

9 Beds ⋅ 5 Baths ⋅ PTP2603261 MLS ⋅ ACTIVE Status

Rare opportunity directly across from the main entrance of the University of San Diego. The unit mix features two 2 bedroom / 1 bath units, one 3 bedroom / 1 bath, and one standout 2 bedroom / 2 bath owner's suite with hardwood floors, a private balcony, and exclusive access to a rooftop deck with sweeping views, ideal for an owner occupant looking to live in one and rent the others. Units are larger than typical vintage stock in the area, with five on-site parking spaces, common-area laundry, and a separate storage room. CC-3-4 zoning with a 4.0 FAR adds meaningful long-term flexibility for ADU addition or future density. Located in the heart of Morena, the property is minutes from Downtown, Mission Bay, Old Town, and Fashion Valley, with walkability to the Morena/Linda Vista Trolley station and Tecolote Canyon trails. A clean, turnkey asset with a built-in tenant pipeline from USD, local hospitals, and Downtown employment, well suited for an owner occupant, 1031 buyer, or local investor. Rare opportunity directly across from the main entrance of the University of San Diego. The unit mix features two 2 bedroom / 1 bath units, one 3 bedroom / 1 bath, and one standout 2 bedroom / 2 bath owner's suite with hardwood floors, a private balcony, and exclusive access to a rooftop deck with sweeping views, ideal for an owner occupant looking to live in one and rent the others. Units are larger than typical vintage stock in the area, with five on-site parking spaces, common-area laundry, and a separate storage room. CC-3-4 zoning with a 4.0 FAR adds meaningful long-term flexibility for ADU addition or future density. Located in the heart of Morena, the property is minutes from Downtown, Mission Bay, Old Town, and Fashion Valley, with walkability to the Morena/Linda Vista Trolley station and Tecolote Canyon trails. A clean, turnkey asset with a built-in tenant pipeline from USD, local hospitals, and Downtown employment, well suited for an owner occupant, 1031 buyer, or local investor.

5445 Mildred St, Old Town

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