32
See all 32 photos
$1,300,000
Est. payment /mo
7 Beds
4 Baths
6,828 Sqft Lot
New
3610-16 Logan Avenue San Diego, CA 92113
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2606495
Bedrooms 7
Lot Size 6,828 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to acquire a 5 unit property in Logan Heights, built in 1956/1957 and held by the same family since 1979. The offering includes two detached two bedroom cottages (782 square feet each) plus a two story rear building consisting of a two bedroom apartment upstairs, a one bedroom unit downstairs, and an additional legal studio, totaling approximately 3,098 square feet of combined living space. Long term ownership has kept rents well below market, offering a new buyer meaningful upside through both rent growth and interior modernization. All units are currently occupied, providing day one cash flow while a new owner phases in upgrades over time. Centrally located in one of San Diego's most active submarkets for multifamily investment, close to downtown, the trolley, and major freeway access. A strong candidate for value add investors or 1031 exchange buyers looking for scale and upside in the 92113 zip code.
Location
State CA
County San Diego
Zoning Assessor
Direction Google Maps
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5500910200
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Virtual Tour https://view.spiro.media/3610_logan_ave-2634
Listed by Grant Myerson, DRE#02095348 The Browar Group
NEARBY SCHOOL & BUSINESS
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