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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.
Property Type(s):
Residential Income
| Last Updated | 1/10/2025 | Tract | San Diego |
|---|---|---|---|
| Year Built | 1950 | Community | Logan Heights |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| AREA | Logan Heights |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | 0 |
| STORIES | 2 |
| SUBDIVISION | San Diego |
Location
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Listed with eXp Realty of Southern California, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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