Logan Heights, CA, CA 92113
- $1,333,000
- List Price
- $1,333,000
- Status
- ACTIVE
- MLS#
- 260018144SD
- County
- San Diego
- Year Built
- 1959
- Square Feet
- 6,942
- Days on Market
- 6
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Logan Heights
- Virtual Tour 1
- https://www.propertypanorama.com/instaview/snd/260010009
Property Description
1% rate buydown with accepted offer! Exceptional multifamily investment opportunity in San Diego’s Logan Heights neighborhood with rents at $98k annually. This gated property features FOUR spacious 2-bedroom, 1-bath units, 784sqft each, offering assigned parking, in-unit laundry, and private patio space. 100% occupied — day-one cash flow, no lease-up risk. All tenant leases are month-to-month. Low-maintenance ownership potential. Recent capital improvements include updated electrical systems, newer dual-pane windows, and fresh exterior paint. With upside potential through future rent increases to market rates, this value-add San Diego income property presents an outstanding opportunity for investors seeking long-term appreciation and consistent returns in a high-demand rental market less than 3 mile to SD Naval Base Downtown.
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Additional Information
- Parcel Number
- 5514520800
- Gross Scheduled Income
- $98,000
- Net Operating Income
- $73,004
- Number of Buildings
- 2
- Security Features
- Window Bars
- Appliances
- Gas Water Heater
- Heat
- Natural Gas
- View
- None
- Roof
- Composition
Listing courtesy of Listing Agent: Keke Jones (keke@obyrneteam.com) from Listing Office: Compass.
Mortgage Calculator
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.