Description

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