3645 49 Logan Ave, San Diego
San Diego Home For Sale
6.6% 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.
Property Details
Additional Information
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- City:
- San Diego
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- County:
- San Diego
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- Zip:
- 92113
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- MLS® #:
- 240014596SD
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- Bedrooms:
- 10
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- Bathrooms:
- 4
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- Lot Size:
- 0.16
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- Neighborhood:
- Logan Heights
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 3645 49 Logan Ave, San Diego, (MLS® #240014596SD)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $1,750,000) | $1,699,000 | $51,000 (2.91%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 17th, 2024 at 9:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.