Property Details
About this Property
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.
MLS Listing Information
MLS #
SD240022607
MLS Source
San Diego MLS
Days on Site
59
Interior Features
Flooring
Concrete, Vinyl
Cooling
Window/Wall Unit
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Carport, Other, Garage: Car(s)
Zoning
R-3:RESTRI
Contact Information
Listing Agent
Nicholas Azoff
Starker West, Inc.
License #: 02035396
Phone: (858) 867-3714
Co-Listing Agent
Seth Watje
License #: 01805453
Phone: (619) 358-3748
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $6,200 | – |
| 2 | – | – | 0/0 | – | $2,600 | – |
| 3 | – | – | 0/0 | – | $1,700 | – |
| 4 | – | – | 0/0 | – | $1,600 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3643-49 Logan Ave is a Residential Income in San Diego, CA 92113. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,599,000 and was built in –. This address can also be written as 3643-49 Logan Ave, San Diego, CA 92113.
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This listing information is up-to-date as of October 14, 2024. For the most current information, please contact Nicholas Azoff, (858) 867-3714
