Residential Income - 3610 16 Logan Avenue, San Diego, CA

$1,300,000

3610 16 Logan Avenue, San Diego, CA

3610 16 Logan Avenue, San Diego, CA 92113 - $1,300,000 · Multi-Family Home for Sale, photo 3

3610 16 Logan Avenue, San Diego, CA 92113 - $1,300,000 · Multi-Family Home for Sale, photo 4

3610 16 Logan Avenue, San Diego, CA 92113 - $1,300,000 · Multi-Family Home for Sale, photo 5

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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.

Property details

Year built

1956

Property type

Residential Income

Lot size

6,828 sqft

Location

3610 16 Logan Avenue • San Diego, CA 92113

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Listed by

Grant Myerson · The Browar Group

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