$890,000
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5,366 Sqft Lot
SOLD DATE : 10/29/2021
Key Details
Sold Price $890,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 210025318
Sold Date 10/29/21
HOA Y/N No
Year Built 1950
Lot Size 5,366 Sqft
Property Description
Great ‘4-unit’ income property just South of downtown SD in Logan Heights! Units are currently rented well below market-value leaving lots of potential for increased rental income! 2BR/1BA unit in the front house w/ 3 additional 1BR/1BA units on-site; zoned 'R-4' for multiple residential units. Property has 3 SDG&E meters, the 2 front units share utilities while each 1BR in the back have its’ own meter. Water & sewer are currently provided by owner to tenants. Shared washer/ dryer unit on-site. Large driveway w/ 'off-street' parking allowing for up to 4 cars w/ potential space for RV, work trucks, etc. Don't miss out on these 4 units with potential of almost doubling the current rents! Located conveniently close to all Downtown SD has to offer w/ NO HOA; you manage your own investment! Perfect for an owner occupant looking for that extra rental income OR seasoned investor looking to increase the property value & rents! Exterior: Wood/Stucco Unit # for Unit 1: 712 Unit # for Unit 2: 712.5 Unit # for Unit 3: A Unit # for Unit 4: B Number of Furnished Units: 0
Location
State CA
County San Diego
Area 92113 - Logan Heights
Building/Complex Name n/a.
Interior
Heating FloorFurnace, NaturalGas
Cooling None
Fireplace No
Exterior
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5386301800
Security Features WindowBars
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States