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San Diego,CA 92113
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $763
Subdivision Logan Heights
MLS Listing ID 250042187SD
Bedrooms 3
Full Baths 2
Half Baths 1
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 2023
Lot Size 3,423 Sqft
Property Sub-Type Single Family Residence
Property Description
High-growth investment opportunity in Logan Heights, ideal for Investors & Builders. This centrally located dual-frontage property with alley access and gated parking on a level 3,422SF lot zoned RM-2-5 offers pre-approved plans for the construction of a detached ADU duplex, providing accelerated rental income potential. Currently, there is a completely remodeled turnkey 3BR/2.5BA detached 1,440SF home on the premises, with an estimated market rental value of $4,995 per month. The main house was fully rebuilt from the foundation up in 2023, retaining the original 1919 footprint. Eligible for Short-Term Residential Occupancy (STRO) licensing and Transient Occupancy Tax (TOT) registration, Buyer to confirm. The pre-approved plans, designed by SnapADU, include one detached duplex with two 1/1 units measuring ~400SF each to maximize density at three (3) rentable units on the premises. With these additions, the projected total rent after construction is up to $9,995 per month, adding two new income streams and supporting strong multi-unit cash flow. To bring this vision to life, leverage key bonus programs in place at this site by tapping into the Transit Area Overlay (TAO) and Transit Priority Area (TPA), Opportunity Zone and Promise Zone, Airport Influence Area (AIA), and Complete Communities Plan (Tier 3) unlocking ADU bonuses, transit-oriented development (TOD) density, parking relief, and fast track approvals. This strategic location grants immediate access to major economic hubs, allowing you to capture high-demand urban housing in a prime, high-growth corridor. Supported by nearby transit and central freeway reach to sustain durable occupancy near I-5, SR-94, and I-15 for rapid mobility to Downtown San Diego, Petco Park, Balboa Park, Naval Base San Diego, and Naval Air Station (NAS) North Island via Coronado Bridge, with amenity-rich arts & waterfront districts proximate. This flexible urban infill site provides potential tax incentives for savvy investors and drives maximum appreciation for your portfolio. Buyer to verify all provided information and intended use independently.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Zoning R-4:Multip
Interior
Interior Features Dry Bar,Open Floorplan,Pantry,Stone Counters,Recessed Lighting,Storage,Unfurnished,Main Level Primary,Walk-In Pantry,Walk-In Closet(s)
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate,Stone,Tile,Wood
Fireplace No
Appliance Dishwasher,Electric Water Heater,Gas Cooking,Gas Cooktop,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator
Laundry Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room,Upper Level
Exterior
Parking Features Concrete,Carport,Driveway,Garage,Gated,On Site,Other,One Space,On Street,Tandem
Fence Chain Link,Wood
Pool None
Utilities Available Cable Available,Natural Gas Available,Sewer Connected,Water Connected
View Y/N Yes
View Neighborhood
Roof Type Asphalt,Shingle
Accessibility Parking
Porch Concrete,Covered,Front Porch,Open,Patio
Total Parking Spaces 4
Private Pool No
Building
Story 2
Entry Level Two
Water Public
Architectural Style Contemporary,Craftsman,Modern
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 5381900900
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional