514 Cesar E Chavez Pkwy, San Diego, CA 92113

Property Description

This fantastic duplex is located in the rapidly improving and in-demand Logan Heights area. Each unit has had substantial renovations over the last few years including laminate flooring, granite counters (Back unit), exterior and interior paint, and landscaping. This property is perfect for investors or owner-occupiers as owner-occupiers can live in one of the units and rent the other out with the potential to pay off the mortgage and even earn some cash flow. Plenty of on-site parking. The CAP rate and GRM are based upon $525,000 purchase price. Logan Heights is a neighborhood in central San Diego, California. It is bordered by Interstate 5 on the south and west, Interstate 15 on the east, and Imperial Avenue on the north. In recent years, the area has seen significant improvements and is expected to provide tremendous opportunities for investments and cash flow. Nearby at Main Street and Cesar Chavez Parkway, the San Diego Community College District is building a new 50,000-square-foot continuing-education complex that will bring hundreds of students to the area. In addition, the property is close to new amenities such as the neighborhood Wal-Mart and the new mixed use development project, Paseo22. Neighborhoods: Logan Heights Exterior: Wood/Stucco Other Fees: 0 Unit # for Unit 1: 514 Unit # for Unit 2: 516 Number of Furnished Units: 0