Great Value Add Opportunity! Best Price per Unit in 92113! This is a Fixer property where rents are approx. 35% Below Market! Located on a Nice Street with Many SFR's around. Gated property Front & Back. Separate Water Heaters. 3 Units in Single Level. Has 1 Garage & Common Laundry Room. Single Units are Huge and have potential to add bedrooms. Marketing Package Coming Soon. Hurry! This property will Sell Fast! Please Do Not Disturb Tenants or Go on Property.
Food truck space available. The historic Barrio Logan neighborhood in San Diego is a vibrant area known for its rich cultural heritage and bustling culinary scene. Notable establishments such as Border X Brewing and Fish Guts contribute to its lively atmosphere. This makes it an ideal location to park your food truck and attract a diverse clientele. Additionally, there is commercial space available within the property structure, offering further opportunities for your business.
Includes two APNs 550-600-54-00 and 550-600-72-00. This is a must-see, turn-key property. Outstanding investment opportunity to potentially acquire 8 units with residential financing! Each building has its own APN, address and consists of 4 studios per building for a total of 8 studio units. Strong rental demand with potential upside in rents. Well-maintained with pride of ownership by a long-term owner. 4 units have been freshly painted & have undergone several recent updates. All units have been well maintained with updates over the years. Water heater ~2 years old in 1702 & new in 1704. Tenants enjoy two spacious outdoor areas, a BBQ area, and common laundry facilities which provide additional income. Drought-tolerant landscaping with drip irrigation for easy maintenance. The property is located in an opportunity zone and a neighborhood comprised of many single-family homes. Close to downtown, Navy Base SD, Barrio Logan, National City and so much more. Easy freeway access.
Includes two APNs 550-600-54-00 and 550-600-72-00. This is a must-see, turn-key property. Outstanding investment opportunity to potentially acquire 8 units with residential financing! Each building has its own APN, address and consists of 4 studios per building for a total of 8 studio units. Strong rental demand with potential upside in rents. Well-maintained with pride of ownership by a long-term owner. 4 units have been freshly painted & have undergone several recent updates. All units have been well maintained with updates over the years. Water heater ~2 years old in 1702 & new in 1704. Tenants enjoy two spacious outdoor areas, a BBQ area, and common laundry facilities which provide additional income. Drought-tolerant landscaping with drip irrigation for easy maintenance. The property is located in an opportunity zone and a neighborhood comprised of many single-family homes. Close to downtown, Navy Base SD, Barrio Logan, National City and so much more. Easy freeway access.
PRICE IMPROVEMENT + INCREASED RENTS! Bring All Offers! Potential Creative Financing (inquire w/ listing agent). Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building has 4 1bd/1bt units and front detached cottage 2bd/1bt. Roof has recently been replaced and all units have A/C and tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.
3607-15 Logan Avenue consists of 5 units totaling 3,747 square feet built in 1960 and 2024 on a large 7,284 square foot lot. The unit mix consists of one 4 bed / 2 bath, two 2 bed / 2 bath, one 1 bed / 1 bath and one studio units. There is ample parking. Four of the units are brand new construction and the original house is completely remodeled. The units feature A/C, dishwashers, washers and dryers, new appliances, new vinyl plank flooring, granite counter tops and high-speed internet access. The property is located in an Opportunity Zone.
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.
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.
Pleased to present 234 S Francis Street, a 29-unit multifamily property located in the Logan Heights neighborhood of San Diego. The property is situated on a .7-acre lot, featuring sixteen (16) studios and thirteen (13) one-bedroom / one-bathroom units across 4 buildings. The property currently has 25 of the 29 units vacant providing an easy path to complete an interior and exterior renovation program. Recent improvements to the property include sewer replacement, gas plumbing replacement, new paint, water heaters, tile flooring, new windows, new bath, and lighting for select units. There is also the potential to add additional units or ADUs to the property by building on the undeveloped land to the south or converting ancillary rooms in the existing building. The Logan Heights San Diego community is rich in cultural heritage, and burgeoning potential. The asset is ideally located in close proximity to the heart of Downtown San Diego, a Tier-1 employment center. A new Community Master Plan was recently adopted that aims to strengthen residents and businesses in the Greater Southeast San Diego neighborhoods. Coupled with an overall well-designed economic expansion of Downtown San Diego, the new community plan will bring major positive implications in the submarket over the next few decades. As major economic milestones are being reached nearby and submarket demand continues to increase, this opportunity presents investors the opportunity to capture market rental momentum.
Unlock the potential of this versatile property, perfectly zoned for industrial use with significant opportunities for multi-family or commercial development. Nestled in a strategic location west of the 5 freeway and just two blocks from the Navy base, this site offers both convenience and immense growth potential. The property features a turnkey, 3-bedroom, 2-bathroom single-family home, ideal for immediate rental income while you plan your development. With access from both Dalbergia Street and an adjacent alley, the site allows for seamless construction behind the existing home without disrupting its current use. Whether you're looking to expand with a multi-family complex or embark on a commercial project, this property offers the flexibility and location to bring your vision to life. Don't miss out on this rare opportunity in the heart of San Diego.
This is a multi-residential unit development opportunity. Seller believes "highest and best use" would be a residential development....maybe "low income" ! Currently it is a a very well maintained (owner managed) 5 bed 3 bath home plus 4 x2 bedroom units (in 2 duplex unit buildings). Nice rectangle shape lot with great access for development. Basketball pad and lots of parking
Great Investment Opportunity in Logan Heights! Rare opportunity to own a commercial building which is currently being used as an Auto Body repair shop, and a residential 2 BD/ 1BA residential unit located behind the commercial building. The property is centrally located with close vicinity to Downtown, Military Base and great freeway access.
Rare property for sale located at 2946 Commercial Street. The property consists of a 900 square foot 3br/1ba home on a 6909 square foot lot. The lot is zoned CN 1-4 which offers a plethora of development opportunities. The house consists of 3br/1ba and leases for $1945/mo and is on a MTM lease. The back half of the lot is leased out separately as storage and leases for $600/mo and is on a MTM lease. Bring all offers!
Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego's Logan Heights neighborhood. This location isn't just a property; it's a gateway to endless potential in one of the city's most up-and-coming areas. Currently fully tenanted, this 17,568-square-foot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income, envision the immediate returns as you plot its future transformation. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC-3-6 Multi-Use and Opportunity Zone designation. The locale is situated for development, lying just a stone's throw from the thriving San Diego Naval Base, an 8-minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. Why invest here? Logan Heights is on the brink of a renaissance, with 3096 National Avenue at its center. The area's expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed-use development combining retail excellence with residential luxury. Imagine a development where the ground floor buzzes with retail activity, while above, residential units offer breathtaking bay and city skyline views. This property comes with a concept for a mixed-use marvel, envisioning ten units per floor that promise not just a place to live or work, but a community to thrive in. 3096 National Avenue represents more than an investment; it's a cornerstone for future success in San Diego's real estate landscape. We invite you to seize this unparalleled opportunity, imagine the possibilities, and then make them a reality. Your future at Logan Heights begins today.
375 S 49th Street is located in an Opportunity Zone and is part of the Complete Communities Plan. The property is situated on a large 17,694 square foot lot and has a strong unit mix of (4) 3 Bedroom / 2 Bathroom units appx 1,000 square feet and (6) 2 Bedroom / 1 Bathroom units appx 830 square feet. The 8,984 square foot structure built in 1971 has been thoroughly renovated 10 years ago, has onsite laundry facilities, and approximately 20 gated parking spaces with a rear entrance and frontage on S Willie James Jones Avenue. There is upside in the development potential on or over the parking lot. The kitchens and baths have tile, new cabinets, vanities, and appliances. The bedrooms have mirrored closet doors. The current $1,660,000 loan at 2.94% fixed until June 2026 can be assumed.
The median home value in San Diego, CA is $833,500. This is lower than the county median home value of $846,300. The national median home value is $338,100. The average price of homes sold in San Diego, CA is $833,500. Approximately 44.5% of San Diego homes are owned, compared to 48.82% rented, while 6.68% are vacant. San Diego real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Diego real estate agent to arrange a tour today!
San Diego, California 92113 has a population of 1,385,398. San Diego 92113 is less family-centric than the surrounding county with 32.06% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in San Diego, California 92113 is $89,457. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in San Diego 92113 is 35.4 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 45.6 degrees. The average rainfall is approximately 11.7 inches per year, with 0 inches of snow per year.