2048 52 N Highland Ave, Logan Heights, CA 92113
- $1,450,000
- List Price
- $1,450,000
- Status
- ACTIVE
- MLS#
- 260019594SD
- Year Built
- 2023
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- Two Levels
- Neighborhood
- San Diego
Property Description
BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.5M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.6 in place cap rate and 6.6 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. The property yields an amazing mix of all 2BR 2.5BA townhome style units. Off street parking includes a two car garage, and select units enjoy outdoor space including an oversized deck. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.
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Additional Information
- Cooling
- Yes
- Cooling Description
- See Remarks
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $106,620
Listing courtesy of Listing Agent: Florian Sighe (florian@thebrowargroup.com) from Listing Office: The Browar Group.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.