3610 16 Logan AVE, San Diego, CA 92113
3610 16 Logan AVE, San Diego, CA 92113
3610 16 Logan AVE, San Diego, CA 92113
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,200,000
Est. payment /mo
6,825 Sqft Lot
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2606495

HOA Y/N No

Year Built 1956

Lot Size 6,825 Sqft

Property Description

Rare opportunity to acquire a 5 unit property in Logan Heights, built in 1956/1957 and held by the same family since 1979. The offering includes two detached two bedroom cottages (782 square feet each) plus a two story rear building consisting of a two bedroom apartment upstairs, a one bedroom unit downstairs, and an additional legal studio, totaling approximately 3,098 square feet of combined living space. Long term ownership has kept rents well below market, offering a new buyer meaningful upside through both rent growth and interior modernization. All units are currently occupied, providing day one cash flow while a new owner phases in upgrades over time. Centrally located in one of San Diego's most active submarkets for multifamily investment, close to downtown, the trolley, and major freeway access. A strong candidate for value add investors or 1031 exchange buyers looking for scale and upside in the 92113 zip code.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning RM-1-1

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Curbs, Suburban, Sidewalks, Park

View Y/N No

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Lawn, Level, Near Park, Near Public Transit, Yard

Story 2

Sewer Public Sewer

Others

Senior Community No

Tax ID 5500910200

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac

Listing Terms Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2606495

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Listed by Grant Myerson The Browar Group grant@thebrowargroup.com, DRE #02095348

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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3610 16 Logan AVE

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