Residential Income For Sale – – – – Price $1,699,000 – 240014596
Property Description

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.

Features
: 2 story
Address Map
US
California
San Diego
San Diego
92113
Logan Ave
3645-49
W118° 53' 3.1''
N32° 41' 48.8''
Neighborhood
Neighborhood
Additional Information
48
R-3:RESTRI
Click here!
Nicholas
Azoff
Starker West, Inc.
$0
$0
$0
$0
$0
$0
$0
4,000-7,499 sf
Logan Heights
Logan heights
Fallbrook union elementary distr
: N/k
Fallbrook union elementary distr
Fallbrook union high school dist
2

Residential Income For Sale

3645-49 Logan Ave, San Diego, California 92113

6,956 Sqft
$1,699,000
Listing ID #240014596
Basic Details
Property Description :

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.

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240014596
Price : $1,699,000
Year Built : 1958
Lot Sq Ft : 6,956 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 3
Unit 2 # Bedrooms : 3
Unit 3 # Bedrooms : 3
Unit 4 # Bedrooms : 1
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 4 # Total Baths : 1
Unit 1 # of Full Baths : 1
Unit 2 # of Full Baths : 1
Unit 3 # of Full Baths : 1
Unit 4 # of Full Baths : 1
Unit 1 Estimated SqFt : 1,020 Sqft
Unit 2 Estimated SqFt : 1,020 Sqft
Unit 3 Estimated SqFt : 680 Sqft
Unit 4 Estimated SqFt : 420 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern