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Back on Market, Prime Investment Opportunity in Logan Heights – Development Potential Exceptional opportunity to own a charming duplex in the heart of Logan Heights with immediate rental income and high upside potential for development. Situated on a large, flat lot with room for additional units, this property offers great potential for rental income or building generational wealth. The duplex includes two 2-bedroom, 1-bath units (approx. 650 sq. ft. each). The front unit (4041) is currently leased at $2,420/month until December 2025, and the back unit (4043) is available for showing, offering an opportunity for new tenants or personal use. The property comes with a comprehensive architectural report outlining the potential to build up to 10 dwelling units + 2 ADUs. Additionally, the proposal includes an option to develop up to 15,960 sq. ft. with affordable housing units – maximizing both density and future revenue potential. This report will be provided to the new buyer at no cost. This is an ideal investment for both short-term rental income and long-term growth in one of San Diego’s fastest-growing neighborhoods. Don’t miss out on this rare opportunity! FYI: the loan FHA is assumable @5.75%. We got the Termite clearance, The Appraisal came above $800k
Property Type(s):
Residential Income
| Last Updated | 4/24/2025 | Tract | Logan Heights |
|---|---|---|---|
| Year Built | 1938 | Community | Logan Heights |
| County | San Diego |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Logan Heights |
| HEAT | Electric, Forced Air |
| HOA DUES | 0 |
| LOT | 7154 sq ft |
| STORIES | 1 |
| SUBDIVISION | Logan Heights |
| VIEW | Yes |
| VIEW DESCRIPTION | None |
| ZONING | R-2:MINOR |
Location
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Listed with San Diego Zad, 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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