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Value add opportunity in the redevelopment zone. You can add sq footage to existing homes. And, you can add Adu's to each unit with room to expand. Potential to split lots and sell separately. Discover this outstanding investment opportunity on a corner lot with views of Coronado. Featuring two remodeled homes, each with their own fenced yards and separate entrances. The first unit offers two bedrooms and one bath, Garage while the second unit includes two bedrooms and one bath. Both units showcase newer kitchens, bathrooms, doors, water heaters, wall heaters, and fresh paint. Additional upgrades include new flooring in the Gamma St unit and beautifully restored oak floors in the 40th St unit. Both units currently rented by amazing long term tenants, both paid rent through covid and are low maintenance. This property is ideally located close to major freeways, Downtown San Diego, the Convention Center, Petco Park, and Seaport Village, enhancing its potential as an Airbnb or a live-in plus rental scenario. Tenants currently pay for electric and gas, adding to the investment appeal. With separate outdoor spaces for each unit, this property combines privacy with convenience, making it an excellent choice for both investors and those seeking a versatile living arrangement.
Property Type(s):
Residential Income
| Last Updated | 3/20/2025 | Tract | Logan Heights |
|---|---|---|---|
| Year Built | 1927 | Community | Logan Heights |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| AREA | Logan Heights |
| HEAT | Natural Gas |
| HOA DUES | 0 |
| LOT | 7085 sq ft |
| STORIES | 1 |
| SUBDIVISION | Logan Heights |
| ZONING | R-2:MINOR |
Location
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Listed with eXp Realty of 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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