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Sold for $1,425,000 on 12/31/24
  • $1,425,000

    3643-49 Logan Ave, San Diego, CA 92113

    8beds
    4baths
    3,560sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,405,000 Zestimate®
    $400/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: January 02, 2025 at 12:27pm

    Listed by:

    Nicholas S Azoff DRE #02035396 818-307-4535,

    Starker West, Inc.,

    Seth R Watje DRE #01805453 619-358-3748,

    Starker West, Inc.

    Bought with:

    Jeff Diller, DRE #01959483

    South Coast Commercial, Inc.

    Abe Peay, DRE #01935689

    South Coast Commercial, Inc.

    Source: SDMLS,MLS#: 240022607MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Cooling
    • Wall/Window
    Appliances
    • Laundry: Leased
    Features
    • Flooring: Slab
    Interior area
    • Total structure area: 3,560
    • Total interior livable area: 3,560 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carports, Spaces
    • Carport spaces: 1
    Features
    • Levels: 2 Story
    • Stories: 2
    Lot
    • Size: 6,969 sqft
    Details
    • Zoning: R-3:RESTRI
    • Zoning description: R-3:RESTRI
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block Fence
    • Roof: Composition

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: San Diego

    HOA & financial

    Other financial information
    • Total actual rent: 12550
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,405,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,405,000