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3607-15 Logan Avenue

San Diego, CA 92113
  • $1,950,000
  • STATUS: ACTIVE
  • ON SITE: 58 Days
  • ID#: 240024026
UPDATED: 29 min ago
$1,950,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

3607-15 Logan Avenue consists of 5 units totaling 3,747 square feet built in 1960 and 2024 on a large 7,284 square foot lot. The unit mix consists of one 4 bed / 2 bath, two 2 bed / 2 bath, one 1 bed / 1 bath and one studio units. There is ample parking. Four of the units are brand new construction and the original house is completely remodeled. The units feature A/C, dishwashers, washers and dryers, new appliances, new vinyl plank flooring, granite counter tops and high-speed internet access. The property is located in an Opportunity Zone.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/156559285
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3607-15 Logan Avenue San Diego, CA 92113

  • Price: $1,950,000
  • Status: ACTIVE
  • On Site: 58 Days
  • Updated: 29 min ago
  • ID#: 240024026
7
Beds
6
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Logan Heights (92113)
County:
San Diego
Area:
Logan Heights (92113)
Property Description
3607-15 Logan Avenue consists of 5 units totaling 3,747 square feet built in 1960 and 2024 on a large 7,284 square foot lot. The unit mix consists of one 4 bed / 2 bath, two 2 bed / 2 bath, one 1 bed / 1 bath and one studio units. There is ample parking. Four of the units are brand new construction and the original house is completely remodeled. The units feature A/C, dishwashers, washers and dryers, new appliances, new vinyl plank flooring, granite counter tops and high-speed internet access. The property is located in an Opportunity Zone.
Interior Features

Sq Ft Of Improvement 3747 Units With Dishwashers 5 Units With Disposals 5 Units With Ranges 5 Units With Refrigerators 5

Property Features

Actual Cap Rate 5.59 Actual Gross Operating Income 156209 Actual Gross Scheduled Income 161040.0 Actual Operating Expense 47203 Actual Vacancy And Credit Loss 4831 Assumable Finance 0 Buildings 3 Gross Equity 675000 Gross Multiplier 12.1 Have Units Leased Apartments 5 Mandatory Remarks None Known Market Area Metro Central Monthly Rent Total 13420 Motive Want Sell Projected Cap Rate 5.69 Projected Gross Multiplier 12 Projected Gross Operating Inc 158188 Projected Gross Scheduled Inc 163080 Projected Net Income 110985 Projected Operating Expense 47203 Projected Vacancy And Credit Loss 4892 Short Sale No Unit Number1 1 Unit Number2 2 Unit Number3 1 Unit Number4 1 Unit Rent Total1 3950 Unit Rent Total2 5750 Unit Rent Total3 1985 Unit Rent Total4 1735 Unit Rent1 3950 Unit Rent2 2875 Unit Rent3 1985 Unit Rent4 1735

San Diego MLS logo Listing provided courtesy of Benn Vogelsang of NorthMarq Multifamily: 415-250-4947. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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