$1,200,000
Listed by Grant Myerson, The Browar Group · grant@thebrowargroup.com
16 Logan AvenueSan Diego, CA 92113
MLS# PTP2606495 · 32 photos
Description
Rare opportunity to acquire a 5 unit property in Logan Heights, built in 1956/1957 and held by the same family since 1979. The offering includes two detached two bedroom cottages (782 square feet each) plus a two story rear building consisting of a two bedroom apartment upstairs, a one bedroom unit downstairs, and an additional legal studio, totaling approximately 3,098 square feet of combined living space. Long term ownership has kept rents well below market, offering a new buyer meaningful upside through both rent growth and interior modernization. All units are currently occupied, providing day one cash flow while a new owner phases in upgrades over time. Centrally located in one of San Diego's most active submarkets for multifamily investment, close to downtown, the trolley, and major freeway access. A strong candidate for value add investors or 1031 exchange buyers looking for scale and upside in the 92113 zip code.
Facts
- Year built
- 1956
- Lot size
- 6,828 sqft
- Stories
- 2
- County
- San Diego
- Listed
- 2026-08-26
- Days on market
- 69
