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15 photos
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Listed by Ivan Del Muro-Garcia • Lee & Associates
$765,000
Est. payment /mo
1,254 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,254 sqft
Price per Sqft $610
MLS Listing ID 8N-2607359
Year Built 1940
Lot Size 5,297 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Detached two-unit duplex in San Diego's Shelltown neighborhood, offering a straightforward value-add opportunity for the right buyer. The property includes a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit on a 5,927 SF lot, zoned CN-1-3. Current income sits well below market rent, giving a new owner meaningful upside through rent growth alone, with no rezoning or redevelopment required. The site's zoning also suggests potential capacity for a third unit, subject to City verification of parking, setbacks, and other development standards, along with flexibility for small-scale, neighborhood-serving commercial use. Located less than five miles from Downtown San Diego, with easy access to I-5, the San Diego Trolley Blue Line, and the Route 929 bus. Detached two-unit product like this is increasingly hard to find in this corridor. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested parties. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, zoning, year built, and development potential.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Zoning CN-1-3
Interior
Laundry See Remarks
Exterior
Pool None
Community Features Curbs, Golf, Park, Suburban, Urban
View Y/N No
Building
Lot Description 31-35 Units/Acre
Sewer Public Sewer
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2607359
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900