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$ 1,100,000
Est. payment | /mo
5 Beds
2 Baths
700 SqFt
$ 1,100,000
Est. payment | /mo
5 Beds
2 Baths
700 SqFt
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $1,571
Subdivision Logan Heights
MLS Listing ID 250022037
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1927
Lot Size 7,085 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Value add opportunity in the redevelopment zone. You can add sq footage to existing homes. And, you can add Adu's to each unit with room to expand. Potential to split lots and sell separately. Discover this outstanding investment opportunity on a corner lot with views of Coronado. Featuring two remodeled homes, each with their own fenced yards and separate entrances. The first unit offers two bedrooms and one bath, Garage while the second unit includes two bedrooms and one bath. Both units showcase newer kitchens, bathrooms, doors, water heaters, wall heaters, and fresh paint. Additional upgrades include new flooring in the Gamma St unit and beautifully restored oak floors in the 40th St unit. Both units currently rented by amazing long term tenants, both paid rent through covid and are low maintenance. This property is ideally located close to major freeways, Downtown San Diego, the Convention Center, Petco Park, and Seaport Village, enhancing its potential as an Airbnb or a live-in plus rental scenario. Tenants currently pay for electric and gas, adding to the investment appeal. With separate outdoor spaces for each unit, this property combines privacy with convenience, making it an excellent choice for both investors and those seeking a versatile living arrangement.
Location
State CA
County San Diego
Community Logan Heights
Area Logan Heights (92113)
Building/Complex Name San Diego
Zoning R-2:MINOR
Interior
Heating Natural Gas
Exterior
Exterior Feature Wood/Stucco
Garage Spaces 2.0
Fence Full
Roof Type Composition
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $2,600
Listing Terms Cash, Conventional
Pets Allowed Yes
Listed by Bobby Martins • eXp Realty of California, Inc