3759 61 T Street, Logan Heights, CA 92113

$675,000

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List Price
$675,000
Status
ACTIVE
MLS#
260018554SD
Year Built
1940
Days on Market
0
Property Type
Multifamily
Stories
One Level
Neighborhood
San Diego

Property Description

CBRE is pleased to present 3759–61 T Street, a two-unit multifamily property offered with very favorable seller financing terms. The Seller is willing to provide up to 90% LTV, debt in the 6% range with interest only payments, and no prepayment penalties. All terms are open to negotiation. Situated in San Diego’s Mountain View neighborhood, 3759-61 T Street is located in an established submarket approximately four miles east of Downtown San Diego with consistent rental demand and long-term tenants. The is property features two (2) one-bedroom/one-bathroom single family houses, offering a functional unit mix well-suited for workforce housing demand. The property also sits on a 0.15-acre lot and is well parked with five (5) on-site spaces. The large lot and ample parking provide additional opportunities to develop ADUs on site. Mountain View draws steady investor interest due to its proximity to Downtown San Diego, easy freeway access, and an authentic neighborhood feel that continues to attract renters seeking affordability within an urban setting. The property benefits from convenient access to Interstate 805 and Interstate 5, connecting residents to employment centers throughout the region including Downtown San Diego, National City, and Chula Vista. Residents are within close proximity to neighborhood conveniences including local markets, restaurants, and community amenities such as Mountain View Park and the Mountain View Community Center. The surrounding area also provides access to Greenwood Memorial Park, Chollas Lake Park, and Balboa Park, offering a variety of re

Additional Information

Cooling Description
None
Roof
Wood
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$28,356

Listing courtesy of Listing Agent: Michael Greiner (michael.greiner@cbre.com) from Listing Office: CBRE.

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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.