53
See all 53 photos
$949,900
Est. payment /mo
3 Beds
3 Baths
6,835 Sqft Lot
New
3881-85 Logan Avenue San Diego, CA 92113
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 260022142
Bedrooms 3
Full Baths 3
Year Built 1927
Lot Size 6,835 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Beautiful well cared for 3-unit property with 3 one car garages and a set of Shovel Ready fully permitted plans for a 2-unit ADU that would go in between the back unit and the garage in the open space shown in the pictures. The plans are for a two-story property with a 1 bedroom 1 bath unit on the 2nd floor (533 Sq. Ft) accessible by an outside staircase, and a 2-bedroom, 2 bath unit on the 1st floor (656 Sq. Ft) Make this property a legal 5 unit and enjoy the extra rents without the hassle and expense (approximately 50,000 savings) of the planning and permitting process that the current seller already completed. Projected market rents are as follows 2,250 for the 1 Br unit and 2,750 for the 2 Br unit. That would add 60,000 to the GSI for a total potential yearly total rent of 128,000. The estimated cost of construction is 350K. SEE SUPPLEMENT!!
Location
State CA
County San Diego
Area Metro Central
Zoning R-3 multi
Direction 39th and Logan
Interior
Heating Wall/Gravity
Fireplace No
Exterior
Fence Full, Gate
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
Roof Type Rolled/Hot Mop
Building
Story 1
Water Meter on Property
Level or Stories 1
Others
HOA Fee Include Other/Remarks
Senior Community No
Tax ID 550-112-02-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Kevin F Sheedy, DRE#01783042 Kevin Sheedy Realty
NEARBY SCHOOL & BUSINESS
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