18
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$1,200,000
Est. payment /mo
New
9 S Hensley St San Diego, CA 92113
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UPDATED:
01/10/2025 08:39 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250000843SD
HOA Y/N No
Year Built 1950
Property Description
Prime Investment Opportunity in Logan Heights - High Cash Flow Potential from Day One! This fully leased 3-unit property is located in the highly sought-after rental market of Logan Heights, one of San Diego's hottest neighborhoods. Just minutes from East Village, Balboa Park, and Downtown San Diego, this location is ideal for renters seeking convenience and vibrant city living. Each of the three units boasts private yards, offering tenants outdoor space. With parking for up to 8 vehicles, this property stands out in terms of tenant appeal and convenience. Stable tenant base with long-term tenants provide consistent income with the potential for rent increases to align with current market rates. Turnkey operation: The property generates cash flow from day one, making it perfect for investors looking for immediate returns. Upgrades and Maintenance: All water heaters were replaced within the last 3 years, ensuring efficiency and reliability for tenants. The roof was also replaced within the last 3 years, reducing maintenance concerns and providing long-term durability. This is a rare chance to acquire a fully leased, low-maintenance property in an area primed for continued appreciation. Ideal for both first-time investors and seasoned professionals looking to expand their portfolio in San Diego's booming rental market.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Building/Complex Name none
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Exterior
Fence None
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5356940200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Anand Sawh • eXp Realty of Southern California, Inc.