Prime Investment Opportunity in Logan Heights - High Cash Flow Potential from Day One! This fully leased 3-unit property is located in the highly sought-after rental market of Logan Heights, one of San Diego’s hottest neighborhoods. Just minutes from East Village, Balboa Park, and Downtown San Diego, this location is ideal for renters seeking convenience and vibrant city living. Each of the three units boasts private yards, offering tenants outdoor space. With parking for up to 8 vehicles, this property stands out in terms of tenant appeal and convenience. Stable tenant base with long-term tenants provide consistent income with the potential for rent increases to align with current market rates. Turnkey operation: The property generates cash flow from day one, making it perfect for investors looking for immediate returns. Upgrades and Maintenance: All water heaters were replaced within the last 3 years, ensuring efficiency and reliability for tenants. The roof was also replaced within the last 3 years, reducing maintenance concerns and providing long-term durability. This is a rare chance to acquire a fully leased, low-maintenance property in an area primed for continued appreciation. Ideal for both first-time investors and seasoned professionals looking to expand their portfolio in San Diego’s booming rental market.
|
DAYS ON MARKET
|
6
|
LAST UPDATED
|
1/10/2025
|
|
TRACT
|
San Diego
|
YEAR BUILT
|
1950
|
|
COMMUNITY
|
Logan Heights
|
COUNTY
|
San Diego
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
None |
| AREA |
Logan Heights |
| HEAT |
Forced Air, Natural Gas |
| HOA DUES |
0 |
| STORIES |
2 |
| SUBDIVISION |
San Diego |
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Listed with eXp Realty of Southern California, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/14/25 8:43 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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