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$ 1,200,000
Est. payment /mo
New
9 S Hensley St San Diego, CA 92113
8 Beds
3 Baths
UPDATED:
01/13/2025 04:47 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250000843
Bedrooms 8
Full Baths 3
HOA Y/N No
Year Built 1950
Property Description
Prime Investment Opportunity in Logan Heights - High Cash Flow Potential from Day One! This fully leased 3-unit property is located in the highly sought-after rental market of Logan Heights, one of San Diego's hottest neighborhoods. Just minutes from East Village, Balboa Park, and Downtown San Diego, this location is ideal for renters seeking convenience and vibrant city living. Each of the three units boasts private yards, offering tenants outdoor space. With parking for up to 8 vehicles, this property stands out in terms of tenant appeal and convenience. Stable tenant base with long-term tenants provide consistent income with the potential for rent increases to align with current market rates. Turnkey operation: The property generates cash flow from day one, making it perfect for investors looking for immediate returns. Upgrades and Maintenance: All water heaters were replaced within the last 3 years, ensuring efficiency and reliability for tenants. The roof was also replaced within the last 3 years, reducing maintenance concerns and providing long-term durability. This is a rare chance to acquire a fully leased, low-maintenance property in an area primed for continued appreciation. Ideal for both first-time investors and seasoned professionals looking to expand their portfolio in San Diego's booming rental market.
Location
State CA
County San Diego
Community San Diego
Area Logan Heights (92113)
Building/Complex Name none
Interior
Heating Natural Gas
Appliance Forced Air Unit
Exterior
Exterior Feature Vinyl
Roof Type Composition
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $2,430
Listing Terms Cash, Conventional
Special Listing Condition Call Agent
Listed by Anand Sawh • eXp Realty of Southern California, Inc.