3643 Logan Ave, San Diego, CA 92113
  • MLS#: 240022607SD ( Commercial/Residential )
  • Street Address: 3643 Logan Ave
  • Viewed: 1
  • Price: $1,599,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 54
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92113
  • Provided by: Starker West, Inc.
  • Contact: Nicholas Nicholas
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Property Location and Similar Properties
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Features
Carport Spaces
  1. 1.00
Construction Materials
  1. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Current Financing
  1. Other
Parcel Number
  1. 5500920700
Property Type
  1. Commercial/Residential
Roof
  1. Composition
Totalmonthlyrent
  1. 12550
Virtual Tour Url
  1. https://starkerwest-my.sharepoint.com/:f:/p/azoff/ElUWhKNdiWFKgIlpzhAtSUsBmodCiOVdTsl5FVJsrkOGlw?e=DcNAE9
Zoning
  1. R-3:RESTRI