Description

We are thrilled to present an exceptional investment opportunity in the vibrant Barrio Logan / Logan Heights neighborhood of San Diego. This property offers not just one, but nine revenue-generating units. It's a diverse mix of six 1-bedroom/1-bathroom apartments, two 3-bedroom/1-bathroom apartments, and a spacious 4-bedroom/2-bathroom house. Perhaps the most exciting aspect of this opportunity is the assumable financing available. With a current loan amount of $1,140,000 at an attractive interest rate of just 3.57% (interest only), this financing option allows for secure and predictable cash flow through 2031. There is significant room to increase the rents throughout the property which can easily be done via rental increases and light modernization of interiors. The property also offers ample off-street parking. In a city known for its thriving real estate market, this property stands out as a high-yielding, solid investment opportunity. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to start strong, this property offers the ideal blend of stability and growth potential. Don't miss your chance to secure your financial future with this remarkable investment opportunity. The combination of location, diverse rental units and assumable financing makes it a truly unique find. Take action today and invest in your tomorrow. This property won't stay on the market for long, so seize the opportunity to own a piece of San Diego's thriving real estate landscape.

Features

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• 2 Stories
• Number of Units: 9
• Price Per Unit: 266111
• SqFt of Improvement: 5532