REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,395,000
Est. payment /mo
UPDATED:
05/28/2024 09:14 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240011885
Property Description
Interested in outstanding returns? Check out this real estate opportunity in vibrant Barrio Logan, San Diego, with highly attractive assumable financing. 315-19 S 28th Street & 2809-11 Clay Ave are two adjacent parcels consisting of 9 total units (one parcel 4u the other parcel 5u). The property has an existing Freddie Mac assumable loan available with a balance of $1,140,000 and an interest only rate of 3.57% thru 2031! With current rents this reflects a day one cash on cash return of 6.3%! With an attractive unit mix, strong rental upside, central San Diego County location and entry level price point you are not going to find a better multi family investment opportunity in the entire county! Dont miss out!
Location
State CA
County San Diego
Area Logan Heights (92113)
Exterior
Total Parking Spaces 9
Building
Story 2
Others
Space Rent $191,340
Read Less Info
Listed by Josh Browar • The Browar Group
GET MORE INFORMATION
Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878