3881-85 Logan Avenue, San Diego, CA 92113

Beautiful well cared for 3-unit property with 3 one car garages and a set of Shovel Ready fully permitted plans for a 2-unit ADU that would go in between the back unit and the garage in the open space shown in the pictures. The plans are for a two-story property with a 1 bedroom 1 bath unit on the 2nd floor (533 Sq. Ft) accessible by an outside staircase, and a 2-bedroom, 1 bath unit on the 1st floor (656 Sq. Ft) Make this property a legal 5 unit and enjoy the extra rents without the hassle and expense (approximately 50,000 savings) of the planning and permitting process that the current seller already completed. Projected market rents are as follows 2,250 for the 1 Br unit and 2,750 for the 2 Br unit. That would add 60,000 to the GSI for a total potential yearly total rent of 128,000. The estimated cost of construction is 350K. SEE SUPPLEMENT!!