2049 Julian Ave, Logan Heights, CA 92113

$955,000

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Sold Price
$955,000
List Price
$1,000,000
Closing Date
Apr 13, 2026
Status
CLOSED
MLS#
260003795SD
Year Built
1940
Days on Market
19
Property Type
Multifamily
Stories
One Level
Neighborhood
San Diego

Property Description

Price Reduced. Seller Motivated. Prime Logan Heights Units with immediate upside in the rents. Diverse unit mix with a 3BR house with a connected non-conforming studio that has been a rental for a long time currently getting $900/month plus 3 1BR/1Bath bungalow style units and a stand alone garage in the alley. Current ownership has not aggressively raised rents. Nearby Renovated units are getting twice the current rents. There is also the potential to an an ADU or convert the stand alone to a studio ADU unit. This property can be purchased individually or as a portfolio with these 2 other properties: 2663 E Street, 92102 (4 Units) 2010-14 Franklin & 2617 Commercial, 92113 (3 Contiguous Parcels consisting of two duplexes and a vacant lot)

Additional Information

Cooling Description
None
Roof
Composition
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$60,300

Listing courtesy of Listing Agent: Thomas McCartin (tmccartin@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Listing sold by Isaac Wentzien from Landmark Multifamily and Development

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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.