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$1,599,000

Beds
Unknown
sq ft
Unknown

3643 Logan Ave, San Diego, CA 92113

3643 Logan Ave

San Diego, CA 92113

  • 60 days on market
    • Price drop $76,000↓
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.

Details

Property type

Lot size

6,956 sq ft

Price per sq ft

Unknown

Year built

Unknown

Price History

10/14/2024
SanDiego

SanDiego #240022607

Price change
$1,599,000
-4.54%
09/23/2024
SanDiego

SanDiego #240022607

Listed
$1,675,000
-1.41%
09/05/2024
SanDiego

SanDiego #240008218

Removed
$1,699,000

Schools & Community

Neighborhood: 

Mountain View

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/22/2024 at 10:45 AM

Listing updated: 10/14/2024 at 12:24 PM

Listed by: Nicholas S Azoff, Starker West, Inc. Phone #: (858) 867-3732

MLS: SanDiego #240022607

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