$1,699,000
- Beds
- Unknown
- sq ft
- Unknown
3643 Logan Ave, San Diego, CA 92113
3643 Logan Ave
San Diego, CA 92113
- 75 days on market
- Price drop $51,000↓
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. With a favorable 6.6% cap rate and a low down payment financing option, this property offers an accessible entry point and promising returns for investors. 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.
Details
Property type
Lot size
6,956 sq ft
Price per sq ft
Unknown
Year built
Unknown
Price History
06/28/2024
![SanDiego](/_next/static/media/sanDiegoLogo.387eb7a6.png)
SanDiego #240008218
Price change
$1,699,000
-2.91%
05/30/2024
![SanDiego](/_next/static/media/sanDiegoLogo.387eb7a6.png)
SanDiego #240008218
Price change
$1,750,000
-2.51%
05/22/2024
![SanDiego](/_next/static/media/sanDiegoLogo.387eb7a6.png)
SanDiego #240008218
Pending
$1,795,000
Schools & Community
Neighborhood:
Mountain View
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/01/2024 at 8:05 AM
Listing updated: 06/28/2024 at 2:45 PM
Listed by: Nicholas S Azoff, Starker West, Inc. Phone #: (858) 867-3732
MLS: SanDiego #240008218
![SanDiego logo](/_next/static/media/sanDiegoLogo.387eb7a6.png)
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