2981-83 Logan Ave

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2981-83 Logan Ave

San Diego, CA 92113
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in San Diego
  • Asset features a total of two residential rental units
  • Located in the 92113 zip code of southern California
  • Positioned within an established urban residential neighborhood
  • Suitable for investors seeking to expand a rental portfolio

What's Special

This multifamily apartment building at 2981-83 Logan Ave in San Diego, CA, is currently for sale and suits investors looking to add to their residential portfolio. Situated in a dense urban neighborhood, the property consists of two distinct units. San Diego remains a robust market for residential assets, benefiting from strong demand driven by the local workforce and regional economic stability. The location provides connectivity to major transport routes and proximity to various employment hubs, making it a functional choice for tenants seeking accessibility within the metro area. With two units available, this asset is well-positioned for an investor interested in a straightforward residential management strategy. The property offers a stable entry point for those aiming to capitalize on the ongoing demand for rental housing in the southern California coastal region.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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