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$949,900
260022142SD MLS Active Status
Beautiful well cared for 3-unit property with 3 one car garages and a set of Shovel Ready fully permitted plans for a 2-unit ADU that would go in between the back unit and the garage in the open space shown in the pictures. The plans are for a two-story property with a 1 bedroom 1 bath unit on the 2nd floor (533 Sq. Ft) accessible by an outside staircase, and a 2-bedroom, 2 bath unit on the 1st floor (656 Sq. Ft) Make this property a legal 5 unit and enjoy the extra rents without the hassle and expense (approximately 50,000 savings) of the planning and permitting process that the current seller already completed. Projected market rents are as follows 2,250 for the 1 Br unit and 2,750 for the 2 Br unit. That would add 60,000 to the GSI for a total potential yearly total rent of 128,000. The estimated cost of construction is 350K. SEE SUPPLEMENT!! 3881 and 3883 are both upgraded with new kitchen cabinets, quartz countertops, gas ranges, vinyl plank flooring, new bathrooms w/tile shower surrounds and pedestal sinks, new doors, crown molding and ceiling fans in LR’s and BR’s. All units have newer dual pane vinyl windows and the roofs are newer. 3885 is upgraded to a lesser extent (older kit and bath). All buildings have newer stucco and security screen doors at the front and back of each unit. All leases are month to month. The large 7000 Sq. Ft. lot is level and gated. There are nice shade trees in front and in the middle and there is a building off the alley with 3 one car garages with roll-up garage doors. There is a gate providing access to the lot from the alley and plenty of access to the proposed ADU's that can be built. This is a great income property in its own right, and with its 2-ADU plans, if built, becomes a fantastic investment.

3881 85 Logan Avenue, Logan Heights

$750,000
2 Beds 2 Baths 260021942SD MLS Active Status
INCREDIBLE OPPORTUNITY WITH INCOME & DEVELOPMENT POTENTIAL! Welcome to a unique corner property offering versatility, space, and exciting possibilities for homeowners and investors alike. Situated on an approximately 6,500 sq. ft. lot, this property features a charming 2-bedroom, 1-bath main home PLUS a separate studio with its own full bathroom and private entrance—ideal for extended family, guests, a home office, or potential rental income. The spacious lot offers tremendous possibilities for future expansion and may provide an opportunity to develop additional units/ADUs in the rear, subject to City approval, zoning, permits, and buyer verification. Live in the main home while generating additional income, create a multigenerational living setup, or explore the property’s development potential. The corner location provides added accessibility and flexibility, while the generous yard offers room to reimagine the property for the future. Conveniently located near freeways, shopping, schools, public transportation, and Downtown San Diego. Whether you’re a first-time buyer looking to offset your mortgage, an investor searching for your next project, or someone ready to build a long-term real estate portfolio, this property offers an opportunity you don’t want to miss. Live in it, rent it, expand it, and unlock its potential! ATTENTION BUYERS & INVESTORS: Please go to the Documents section of the MLS to review the proposed development plans, floor plans and architectural renderings illustrating the exciting potential of this property. Plans are conceptual/schematic and subject to City approval and buyer verification.

304 Milbrae St, Logan Heights

$1,320,000
260018144SD MLS Active Status
4 homes on 1 lot! All 2-bedroom, 1-bath units, 784sqft each, offering assigned parking, in-unit laundry, and private patio space. 100% occupied — day-one cash flow, no lease-up risk. All tenant leases are month-to-month. Low-maintenance ownership potential. Exceptional multifamily investment opportunity in San Diego’s Logan Heights neighborhood with rents at $98k annually. Recent capital improvements include updated electrical systems, newer dual-pane windows, and fresh exterior paint. With upside potential through future rent increases to market rates, this value-add San Diego income property presents an outstanding opportunity for investors seeking long-term appreciation and consistent returns in a high-demand rental market less than 3 mile to SD Naval Base Downtown.

Logan Heights

$475,000
2 Beds 2 Baths 260013061SD MLS Active Status
Welcome to 4147 San Miguel Avenue, a charming and cozy 2-bedroom, 1.5-bath home located in the heart of San Diego. This delightful 472 sq. ft. residence is full of character and perfect as a starter home, investment property, or downsizing opportunity. The home also features a rare basement used for storage Enjoy your morning coffee in the large private outdoor space. Situated close to local shops, parks, and freeway access, this home combines convenience and charm in one package. And best of all — no HOA fees and low maintenance living make it an affordable choice .Don’t miss the chance to own this cute and efficient gem — a home that proves great things really do come in small packages!

4147 San Miguel Ave, Logan Heights

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.