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$650,000
Est. payment /mo
3 Beds
3 Baths
5,282 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 260012263
Bedrooms 3
Full Baths 2
Half Baths 1
Year Built 2020
Lot Size 5,282 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
DUPLEX OPPORTUNITY! Rare value-add and development opportunity in one of San Diego's rapidly growing urban neighborhoods. Situated on a R-2 zoned lot, this property offers exceptional upside potential for investors, developers, or owner-occupants seeking long-term value and income growth. The property's flexible zoning allows multiple by-right development options, including the potential to add 2 additional dwelling units, creating a compelling opportunity for expanded rental income and future appreciation. The existing duplex requires renovation, making it ideal for a value-add repositioning, house-hack investment, or long-term redevelopment strategy in the high-demand 92102 market. With increasing rental demand, rising neighborhood values, and strong multifamily comparable sales nearby, this property presents an attractive opportunity to acquire a centrally located San Diego asset with ADU potential and significant upside at pricing difficult to replicate below today's replacement costs.
Location
State CA
County San Diego
Area Metro Central
Zoning R-2
Direction From Market St, head south on 36th st. Head West on K st. Turn south again onto 35th st.
Interior
Fireplace No
Exterior
Fence Gate
View Y/N No
Roof Type Other/Remarks
Others
Senior Community No
Tax ID 5453400500
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid, Court Approval Required
Virtual Tour https://www.propertypanorama.com/instaview/snd/260012263
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Listed by Guillermo Carrillo, DRE#02032647 eXp Realty of California, Inc.
Nearby School & Business
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