
San Diego, California 92113
This Multi-Unit Income Property is listed at $849,000, representing a strategic entry into the Logan Heights market relative to its $794,817 Fair Market Value. The estate features a 5-bedroom main house and an attached guest unit, maintaining a Functional Condition Rating with significant Value-Add Potential via a 400 sq ft detached shed. Situated on a 6,085 sq ft lot with alley access, the property offers a rare City Skyline and Coronado Bridge View near Logan K-8. This versatile asset is ideal for Buy-and-Hold Investors or Multi-Generational Families.
Property is moderate renovation needed.
Built in 1908, this century-old home is well-maintained and functional but lacks a comprehensive modern renovation. The kitchen features dated cabinetry and older white appliances rather than modern stainless steel, and the bathrooms show basic, older fixtures. While the interior has high ceilings and appears move-in ready, the overall style, flooring, and lighting are aged. Given the property's age, major systems likely require monitoring or updates to meet modern efficiency standards, fitting the criteria for a property that is functional but outdated.
With a 5-bedroom main house, an attached 1-bedroom guest unit, and a partially converted detached shed, this property offers exceptional versatility for rental income or multi-generational living.
Situated in the dynamic Logan Heights neighborhood, the home is minutes from Downtown San Diego, Petco Park, and major freeways, providing excellent accessibility and lifestyle convenience.
The large 6,085 sq ft lot featuring alley access and high ceilings provides a rare footprint for further ADU development, gardening, or creative expansion in an up-and-coming area.
Built in 1908, this century-old structure likely requires ongoing maintenance and potential upgrades to electrical, plumbing, and insulation systems to meet modern standards.
The majority of the local public schools assigned to this address have lower performance ratings, which may be a consideration for families prioritizing top-tier educational districts.
Versatile Property on Large Lot w/ Alley Access Spacious and full of potential, this expansive two-story home offers 5 bed and 2 bath, along with an attached 1 bed/1 bath guest unit — ideal for extended family, supplemental rental income, or a private work-from-home retreat. In addition, a detached shed of approx 400 sq ft has been partially converted, creating even more flexible space for a studio, office, or redevelopment off the alley. Inside, you’ll appreciate the generous living areas, high ceilings, and classic architectural character that give the home warmth and presence. The layout offers functionality for larger households or multi-generational living, while still providing separation and privacy where desired. The outdoor space is equally impressive, with ample room for entertaining, gardening, or exploring future expansion and development possibilities. Situated in the heart of one of San Diego’s most dynamic cultural neighborhoods, you’re surrounded by local galleries, independent coffee shops, and emerging dining destinations. Just minutes to downtown, Petco Park, the San Diego Convention Center, the waterfront, and major freeway access, the location offers both lifestyle and convenience. A rare opportunity to secure a flexible, income-producing property in one of the city’s most exciting up-and-coming areas.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 95% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 2,032 | 1,093 | 95% |
| Lot Size | 6,085 | 5,300 | 63% |
| Price | $849.0K | $699.0K | 95% |
| Price per sq ft | $418 | $588 | 9% |
| Built year | 1908 | 1956 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 173 | 7% |
Mar 4, 2026
$849,000
Initial Listing