3643 Logan Ave, San Diego, CA 92113
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Listed Price :
$1,599,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
7% cap rate on actuals! Motivated Seller! Presenting 3643-49 Logan Avenue, a multifamily investment gem comprising five units, three of which are newly constructed, situated on a 6,956 square foot lot. The newly built structure is designed for modern living, featuring separately metered utilities, solar panels, and a detached laundry facility to minimize operational costs and maximize profitability. Notably, the new construction units are exempt from AB 1482 Rent Control Restrictions for the next 15 years. Each unit is thoughtfully equipped with practical amenities such as stainless steel appliances, mini-split A/C units, and individual water heaters, all within a secure gated complex. Additionally, two original units present opportunities for further value optimization, providing a diverse mix of rental income streams.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
3643 Logan Ave |
| City |
San Diego |
| State |
CA |
| Zip |
92113 |
| County |
San Diego |
| Listing Agent |
Nicholas Azoff DRE #02035396 |
| Co-Listing Agent |
Seth Watje DRE #01805453 |
| Courtesy Of |
Starker West, Inc. |
| List Price |
$1,599,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
6,956 |
Listing information courtesy of: Nicholas Azoff, Seth Watje, Starker West, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 27th, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
