Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1938
Sq.Footage
N/A
Back on Market, Prime Investment Opportunity in Logan Heights – Development Potential Exceptional opportunity to own a charming duplex in the heart of Logan Heights with immediate rental income and high upside potential for development. Situated on a large, flat lot with room for additional units, this property offers great potential for rental income or building generational wealth. The duplex includes two 2-bedroom, 1-bath units (approx. 650 sq. ft. each). The front unit (4041) is currently leased at $2,420/month until December 2025, and the back unit (4043) is available for showing, offering an opportunity for new tenants or personal use. The property comes with a comprehensive architectural report outlining the potential to build up to 10 dwelling units + 2 ADUs. Additionally, the proposal includes an option to develop up to 15,960 sq. ft. with affordable housing units – maximizing both density and future revenue potential. This report will be provided to the new buyer at no cost. This is an ideal investment for both short-term rental income and long-term growth in one of San Diego’s fastest-growing neighborhoods. Don’t miss out on this rare opportunity! FYI: the loan FHA is assumable @5.75%. We got the Termite clearance, The Appraisal came above $800k
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Electric, Forced Air
Exterior
-
Garage
No
-
Pool
No
-
View
None
Area & Lot
-
Lot Size(acres)
0.1642
-
Property Type
Residential Income
Price
-
Sales Price
$799,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
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Location
County
San Diego
Elementary School
Middle School
High School
Listing Courtesy of Hani Abdelmalek , San Diego Zad, Inc.
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