Morena Real Estate

Welcome to Morena, a vibrant neighborhood nestled in the heart of San Diego's historic Old Town. Known for its rich cultural heritage and picturesque landscapes, Morena offers a unique blend of urban convenience and suburban charm. As you stroll through the tree-lined streets, you'll discover a delightful mix of quaint shops, local eateries, and stunning parks, all set against the backdrop of California's stunning coastal scenery.

Morena boasts a diverse community that embraces both the old and the new. The area is steeped in history, with Old Town State Historic Park just a stone's throw away, inviting residents and visitors alike to explore the preserved buildings and learn about California's early days. The neighborhood is also known for its vibrant arts scene, with galleries and theaters showcasing local talent and creativity.

For outdoor enthusiasts, Morena is a paradise. With easy access to Mission Bay and the Pacific Ocean, residents can enjoy a variety of recreational activities, from kayaking and paddleboarding to leisurely beach walks. The nearby Tecolote Canyon Natural Park offers miles of hiking trails, perfect for those looking to immerse themselves in nature.

Families will appreciate the excellent schools and community resources available in the area. With a strong sense of community and a welcoming atmosphere, Morena is an ideal place to call home. Whether you’re seeking a lively urban lifestyle or a peaceful retreat, this neighborhood has something for everyone. Experience the charm of Morena and discover why it’s one of San Diego’s most sought-after locales!

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

Start Your Search

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,