NOT LISTED FOR SALE
4 Beds
4 Baths
2,500 Sq Ft
3,049 Sq Ft Lot

Last Sold November 16, 2016

Last sale price $540,000 $216 Per Sq Ft

86 Days on Market

About This Home

As of November 2016

We're pleased to present 3890 Logan Ave, this Spanish Style property consists of (4) 1bedroom interior corridor units residing on a corner lot. Tenants are all long term creating a perfect opportunity for the new owner to immediately increase rents and cashflow. The property is centrally located within close proximity to places of employment, city transport, recreation and education centers. The region has significantly improved in one of San Diego's most gentrifying market of Logan Heights. Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***

Last Agent to Sell the Property

Adrian Gonzalez

South Coast Commercial, Inc. License #01844618 Listed on: 07/08/2016

South Coast Commercial, Inc.

Last Buyer's Agent

David Andrews

Invest SD License #01248149

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,049

Home Design

  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Property is Fully Fenced
  • Separate Water Meter

Community Details

  • 4 Units
  • Net Operating Income $24,963

Listing and Financial Details

  • Assessor Parcel Number 550-111-14-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: S 39th St
  • Neighborhood: Logan Heights
  • Supplement: Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
  • LP / Sq Ft: 16.15
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1930
  • 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
  • Fencing: Full

Utilities

  • Water: Meter on Property
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 550-111-14-00
  • Land Use Code: Mult

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 24963
  • Gross Rent Multiplier Actual: 14.2
  • Gross Rent Multiplier Projected: 11.4
  • Gross Sched Income Actual: 38700
  • Gross Sched Income Projected: 48000
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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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
11/16/2016 11/16/16 Sold $540,000 -1.6% $216 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $549,000 0.0% $220 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $549,000 0.0% $220 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $549,000 -- $220 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160037350

San Diego MLS

APN: 550-111-14-00