2956 Clay Ave - Multi-Family FOR SALE


San Diego, CA 92113- Logan Heights
$850,000 USD
425-405-8892
2956 Clay Ave, San Diego, CA for Sale
$850,000 USD
Multi-Family - FOR SALE
1/12
null | 3.1% Cap Rate

2956 Clay Ave
San Diego, CA 92113
Logan Heights


HIGHLIGHTS

  • Large 1,020 SF 2bd/2ba Units
  • 7,000 SF Lot with Alley Access
  • Significant Value Add Oppurtunity
  • Renovation Upside with Additional Unit Potential

OVERVIEW

This well-positioned duplex sits in the heart of Logan Heights, a central infill neighborhood experiencing strong rental demand, continued revitalization, and rising investor activity. The property includes two spacious 2-bedroom, 2-bathroom units on a 6,987 SF lot. This is a significant value add oppurtunity through modern interior upgrades while also offering long-term potential due to the size and layout of the site. Positioned near Downtown, the Coronado Bridge, and I-5, the property offers unmatched access to major job centers and regional transit. This prime infill location enhances long-term renter demand and supports a range of value-add and expansion strategies.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$417 USD /SF

# OF UNITS

2

PRICE/UNIT

$425,000

CAP RATE

3.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2956-58 Clay Ave

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,986 SF

ZONING

-

APN/PARCEL ID

545-432-30-00

ASK ABOUT THIS PROPERTY

Miles SlaterLandmark Multifamily And DevelopmentMore Info
425-405-8892

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Miles SlaterLandmark Multifamily And DevelopmentMore Info
425-405-8892

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.