$850,000

Estimated payment $5,545/month

Total Views 2,207
3 Beds
3 Baths
1,290 Sq Ft
$659 Price per Sq Ft

About This Home

Don’t miss this rare opportunity to acquire the lowest priced triplex in San Diego County, located in the heart of the vibrant and fast-evolving Barrio Logan neighborhood. Situated on a 4,356 square foot lot, 2912 Logan Avenue features three 1-bedroom / 1-bathroom apartments, offering investors both immediate cash flow and long-term upside. Just steps from Memorial Park and minutes to Downtown San Diego, Interstate 5, and all of Barrio Logan’s eclectic retail, dining, and arts scene, this centrally located property is ideally positioned for continued rental demand. In addition to existing income, the layout of the property presents development potential for future value-add opportunities. Investors can explore possibilities to expand, reconfigure, or redevelop, subject to zoning and city approvals. Whether you’re a first-time investor or a seasoned buyer looking to add to your portfolio, this offering combines affordability, location, and upside in one of San Diego’s most culturally rich and emerging neighborhoods.

Listing Agent

Josh Browar

The Browar Group License #01824454 Listed on: 07/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 551-021-13-00

Community Details

Overview

  • 3 Units
  • Memorial Park Community

Building Details

  • Net Operating Income $40,410

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 29th Street
  • Neighborhood: Barrio Logan
  • LP / Sq Ft: 18.42
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 2014
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Memorial Park
  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 551-021-13-00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 40410
  • Annual Expense Actual: 20025
  • Annual Expense Projected: 20025
  • Gross Rent Multiplier Actual: 13.6
  • Gross Rent Multiplier Projected: 12.5
  • Gross Sched Income Actual: 62304
  • Gross Sched Income Projected: 68220
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $850,000 -- $659 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250034104

San Diego MLS

APN: 550-021-03-00