REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mark Piga

mark@markpigahomes.com +1(858) 367-0068

$ 949,900

Est. payment | -/mo

6,834 Sqft Lot

Save Virtual Tour

$ 949,900

Est. payment | -/mo

Save Virtual Tour

6,834 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 260022142SD

HOA Y/N No

Year Built 1927

Lot Size 6,834 Sqft

Property Description

Beautiful well cared for 3-unit property with 3 one car garages and a set of Shovel Ready fully permitted plans for a 2-unit ADU that would go in between the back unit and the garage in the open space shown in the pictures. The plans are for a two-story property with a 1 bedroom 1 bath unit on the 2nd floor (533 Sq. Ft) accessible by an outside staircase, and a 2-bedroom, 1 bath unit on the 1st floor (656 Sq. Ft) Make this property a legal 5 unit and enjoy the extra rents without the hassle and expense (approximately 50,000 savings) of the planning and permitting process that the current seller already completed. Projected market rents are as follows 2,250 for the 1 Br unit and 2,750 for the 2 Br unit. That would add 60,000 to the GSI for a total potential yearly total rent of 128,000. The estimated cost of construction is 350K. SEE SUPPLEMENT!! 3881 and 3883 are both upgraded with new kitchen cabinets, quartz countertops, gas ranges, vinyl plank flooring, new bathrooms w/tile shower surrounds and pedestal sinks, new doors, crown molding and ceiling fans in LR's and BR's. All units have newer dual pane vinyl windows and the roofs are newer. 3885 is upgraded to a lesser extent (older kit and bath). All buildings have newer stucco and security screen doors at the front and back of each unit. All leases are month to month. The large 7000 Sq. Ft. lot is level and gated. There are nice shade trees in front and in the middle and there is a building off the alley with 3 one car garages with roll-up garage doors. There is a gate providing access to the lot from the alley and plenty of access to the proposed ADU's that can be built. This is a great income property in its own right, and with its 2-ADU plans, if built, becomes a fantastic investment.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Building/Complex Name none

Zoning R-3 multi

Interior

Heating Natural Gas

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Pool None

View Y/N Yes

View None

Roof Type Rolled/Hot Mop

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5501120200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260022142

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Kevin Sheedy Kevin Sheedy Realty #01783042

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 367-0068

mark@markpigahomes.com

3881 85 Logan Avenue San Diego, CA 92113

Mark Piga

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

3881 85 Logan Avenue