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. Extremely 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.
MLS# | 240013209SD |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Days On Site | 125 |
Listing Provided By | Urban Dwellings 619-543-9500 | Tami McCraw |
Units | 8 |
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Building(s) | 2 |
State | CA |
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County | San Diego |
City | San Diego |
Zip Code | 92113 |
Area | 92113 Logan Heights |
Listing VS Median (in 92113) | |
Price: $1,678,000 low | high Med: $700,000 On Site: 125 low | high Med: 175.500000 |