$1,333,000
About this home
1% rate buydown with accepted offer! Exceptional multifamily investment opportunity in San Diego’s Logan Heights neighborhood with rents at $98k annually. This gated property features FOUR spacious 2-bedroom, 1-bath units, 784sqft each, offering assigned parking, in-unit laundry, and private patio space. 100% occupied — day-one cash flow, no lease-up risk. All tenant leases are month-to-month. Low-maintenance ownership potential. Recent capital improvements include updated electrical systems, newer dual-pane windows, and fresh exterior paint. With upside potential through future rent increases to market rates, this value-add San Diego income property presents an outstanding opportunity for investors seeking long-term appreciation and consistent returns in a high-demand rental market less than 3 mile to SD Naval Base Downtown.
Facts & features
- Bathrooms
- 0
- Appliances
- Gas Water Heater
- Heating
- Natural Gas
- Cooling
- None
- Levels
- One
- Lot size
- 0.159 acres (6,942 sq ft)
- Pool
- None
- View
- None
- Year built
- 1959
- Area
- 92113 - Logan Heights
- County
- San Diego
- Status
- Active
- Property type
- Residential Income
- Days on market
- 1
- Listed
- 2026-07-24
- Terms
- Cash, Conventional, Cal Vet Loan, FHA, Va Loan
- Parcel #
- 5514520800
- MLS #
- 260018144SD
