3607-3615 Logan Avenue
3607-3615 Logan Avenue
San Diego, CA 92113
$2,075,000
Price
10
Beds
8
Baths
3,760 Sq. Ft.
$552 / Sq. Ft.
3,760
Sq. Ft.
$552
per Sq. Ft.
Description
An Investors Dream Home in Logan Heights
Welcome to 3607-3615 Logan Avenue, a remarkable income-producing property located in the thriving Logan Heights neighborhood of San Diego, CA. This 5-unit listing presents an outstanding opportunity for investors looking to diversify their rental portfolio. Key Highlights:
- Prime Location : Strategically positioned in the growing Logan Heights area, the property offers convenient access to downtown San Diego, major highways, schools, parks, and essential amenities....An Investors Dream Home in Logan Heights
Welcome to 3607-3615 Logan Avenue, a remarkable income-producing property located in the thriving Logan Heights neighborhood of San Diego, CA. This 5-unit listing presents an outstanding opportunity for investors looking to diversify their rental portfolio. Key Highlights:
- Prime Location : Strategically positioned in the growing Logan Heights area, the property offers convenient access to downtown San Diego, major highways, schools, parks, and essential amenities. : Strategically positioned in the growing Logan Heights area, the property offers convenient access to downtown San Diego, major highways, schools, parks, and essential amenities - Diverse Units : The property features a mix of units, including a 4-bedroom, 2-bathroom main home, two 2-bedroom, 2-bathroom units, one 1-bedroom, 1-bathroom unit, and a studio unit. This diversity caters to various tenant needs, ensuring stable rental income. This diversity caters to various tenant needs, ensuring stable rental income - Income Potential : With multiple units already generating rental income, this property promises an attractive investment opportunity with substantial cash flow potential. : With multiple units already generating rental income, this property promises an attractive investment opportunity with substantial cash flow potential - Well-Maintained : The property has been impeccably maintained, providing tenants with a comfortable and welcoming living environment while also minimizing maintenance costs for investors. : The property has been impeccably maintained, providing tenants with a comfortable and welcoming living environment while also minimizing maintenance costs for investors - Investor-Friendly : Whether you're a seasoned investor or exploring your first investment property, this listing offers a straightforward and lucrative investment opportunity. Investment Opportunity:
3607-3615 Logan Avenue isn't just a piece of real estate; it's a pathway to long-term financial stability through passive income. With its diverse unit offerings, consistent rental demand, and prime location in a burgeoning neighborhood, this property is an investment worth serious consideration. Conclusion:
Don't let this unique opportunity pass you by. Whether you're looking to expand your investment portfolio or venture into real estate investing for the first time, 3607-3615 Logan Avenue offers an ideal combination of income potential, location, and unit diversity. Contact us today to schedule a viewing and take the first step towards securing your financial future with this exceptional property.
Welcome to 3607-3615 Logan Avenue, a remarkable income-producing property located in the thriving Logan Heights neighborhood of San Diego, CA. This 5-unit listing presents an outstanding opportunity for investors looking to diversify their rental portfolio. Key Highlights:
- Prime Location : Strategically positioned in the growing Logan Heights area, the property offers convenient access to downtown San Diego, major highways, schools, parks, and essential amenities....An Investors Dream Home in Logan Heights
Welcome to 3607-3615 Logan Avenue, a remarkable income-producing property located in the thriving Logan Heights neighborhood of San Diego, CA. This 5-unit listing presents an outstanding opportunity for investors looking to diversify their rental portfolio. Key Highlights:
- Prime Location : Strategically positioned in the growing Logan Heights area, the property offers convenient access to downtown San Diego, major highways, schools, parks, and essential amenities. : Strategically positioned in the growing Logan Heights area, the property offers convenient access to downtown San Diego, major highways, schools, parks, and essential amenities - Diverse Units : The property features a mix of units, including a 4-bedroom, 2-bathroom main home, two 2-bedroom, 2-bathroom units, one 1-bedroom, 1-bathroom unit, and a studio unit. This diversity caters to various tenant needs, ensuring stable rental income. This diversity caters to various tenant needs, ensuring stable rental income - Income Potential : With multiple units already generating rental income, this property promises an attractive investment opportunity with substantial cash flow potential. : With multiple units already generating rental income, this property promises an attractive investment opportunity with substantial cash flow potential - Well-Maintained : The property has been impeccably maintained, providing tenants with a comfortable and welcoming living environment while also minimizing maintenance costs for investors. : The property has been impeccably maintained, providing tenants with a comfortable and welcoming living environment while also minimizing maintenance costs for investors - Investor-Friendly : Whether you're a seasoned investor or exploring your first investment property, this listing offers a straightforward and lucrative investment opportunity. Investment Opportunity:
3607-3615 Logan Avenue isn't just a piece of real estate; it's a pathway to long-term financial stability through passive income. With its diverse unit offerings, consistent rental demand, and prime location in a burgeoning neighborhood, this property is an investment worth serious consideration. Conclusion:
Don't let this unique opportunity pass you by. Whether you're looking to expand your investment portfolio or venture into real estate investing for the first time, 3607-3615 Logan Avenue offers an ideal combination of income potential, location, and unit diversity. Contact us today to schedule a viewing and take the first step towards securing your financial future with this exceptional property.
Property Details for 3607-3615 Logan Avenue
Architectural Style
Modern
Parking Spaces Total0
Private PoolNo
Cooling TypeElectric
Total Units5.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3760
Location
Listing Courtesy of Signature Real Estate Group, Marques Jackson, DRE #02146855
Add your commute
LISTING UPDATED: 05/11/2024 08:02 AM
Property Details for 3607-3615 Logan Avenue
| Status | Active |
|---|---|
| MLS # | SW24092545 |
| Days on Market | 11 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1960 |
| Lot Size | 0.16 AC / 7,000 SF |
| County | San Diego County |
Location
Listing Courtesy of Signature Real Estate Group, Marques Jackson, DRE #02146855
Add your commute
Building Information for 3607-3615 Logan Avenue
Stories2Residences-Year Built1960Building Size-Lot Size0.16 AC / 7,000 SF
Payment Calculator
$11,324 per month
30 year fixed, 7.25% Interest
Principal and Interest
$11,324
Property Taxes
—
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 3607-3615 Logan Avenue
Income / Expense / Tax Details
Income Details
- Gross Income: $171,226
- Gross Scheduled Income: $165,600
- Vacancy Allowance: 3494
- Vacancy Allowance Rate: 2
- Net Operating Income: $124,336
- Current Financing: Private
Expense Details
- Operating Expense: $46,889
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $2,250
- Professional Management Expense: $8,561
- Trash Expense: $0
- Water Sewer Expense: $3,840
- Total Expenses: $46,889
Tax / Assessment Info
- Tax Block: 2
- Tax Tract Number: 1116
- Tax Census Tract: 35.02
- Tax Lot: 3,4
Community / Development
Community / Development
- Accessibility Features: Parking
- Disability Access: Other Main Level Modifications
- Community Features: Curbs, Urban
Property / Structure Info
Interior Features
- Appliances: Gas & Electric Range, High Efficiency Water Heater, Refrigerator, Water Heater
- Equipment: Dryer, Dryer Included, Gas Or Electric Dryer Hookup, Refrigerator, Washer, Washer Hookup, Washer Included
- Interior Features: Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting
- Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom
- Bedroom Features: All Bedrooms Down, Main Floor Bedroom
- Laundry: Yes
- Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
- Cooling: Electric
- Heating Type: Combination
- Heating: Combination
- Flooring: Vinyl
Exterior Features
- Door Features: Insulated Doors
- Window Features: Double Pane Windows
- Security Features: Fire and Smoke Detection System
- Construction Materials: Drywall Walls, Stucco
- Exterior Construction: Stucco
- Exterior Features: Lighting
- Roof: Shingle
- Entry Location: front
- Fence: Yes
- Fence: Wood
- Fencing: Wood
- Foundation Details: Concrete Perimeter
- Other Structures: Accessory Dwelling Unit
- Property Condition: Turnkey
- Pool Features: None
- Pool Description: None
Green Info
- Green Energy Efficient: Appliances
- Green Energy Generation: Solar
Land/Lot Info
- Lot Features: 2-5 Units/Acre, Rectangular Lot, Sprinklers Drip System
- Number Of Units: 5
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: One, Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Available, Natural Gas Available
- Electric: Electricity - On Property
- Water Source: Public
Parking Info
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Assigned
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Assigned
Property / Structure Info
- Builders Tract Name: Logan Heights
- Builders Tract Code: Logan Heights
Unit Information
Unit 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $4,200
- Unit Type Total Rent: $4,200
- Unit Type Pro Forma: 4200
- Unit Type Type: 1
Unit 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,950
- Unit Type Total Rent: $2,950
- Unit Type Pro Forma: 2950
- Unit Type Type: 2
Unit 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,820
- Unit Type Total Rent: $2,820
- Unit Type Pro Forma: 2820
- Unit Type Type: 3
Unit 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,985
- Unit Type Total Rent: $1,985
- Unit Type Pro Forma: 1985
- Unit Type Type: 4
Unit 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,735
- Unit Type Total Rent: $1,735
- Unit Type Pro Forma: 1735
- Unit Type Type: 5
Unit Information
- Number Of Units Leased: 3
- Rent Controlled: No
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 1
- Number Of Separate Water Meters: 1
- Number With Dishwasher: 5
- Number With Range: 5
- Number With Refrigerator: 5
- Number With Disposal: 5
- Number Wall AC: 5
Property History for 3607-3615 Logan Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3607-3615 Logan Avenue
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Charter - | K to 8 | |||
| Charter - | K to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Emerson/Bandini Elementary School PublicK to 6 | ||
San Diego Cooperative Charter School 2 CharterK to 8 | ||
America's Finest Charter CharterK to 12 | ||
Memorial Scholars & Athletes School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Signature Real Estate Group, Marques Jackson, DRE #02146855
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