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R-4 Multifamily Residential Income Property

2949-55 Logan Avenue San Diego, CA 92113

2949-55 Logan Avenue, San Diego, CA, 92113

$1,000,000

Pending

For Sale

$1,000,000

Pending

MULTI_FAMILY - San Diego, CA

Property Size3,900 SF

Lot Size0.16 Acres

AddedJan 26

Days on Market170

Last RefreshJul 15 at 4:06 am

Property Features for 2949-55 Logan Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R-4:MULTIPLE RESIDENTIAL
Bedrooms: 10
Bathrooms: 7
Rooms: Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 6, Bedroom 7, Bathroom 2, Bedroom 9, Bathroom 3, Bedroom 2, Bathroom 7, Bathroom 5, Basement, Bedroom 8, Bedroom 4, Bedroom 10, Bedroom 1
Standard status: Pending
APN: 5500221000
Size: 3,900 SF
Lot size: 0.16 Acres

Building Details

Year built: 1940
Floors in Building: 2

Listing agent Liz Garcia License #01737986

Listing office Coldwell Banker West 2300 Boswell Rd Ste 100, Chula Vista, CA

Listing date Jan 26, 2026

MLS# PTP2603021

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Offered for sale, this multifamily residential income property is located at 2949-55 Logan Avenue in San Diego. The property is zoned R-4:MULTIPLE RESIDENTIAL and sits on an approximately 0.1604-acre lot, with an overall property size of about 3,900 square feet.

Because the listing does not provide a unit breakdown or interior configuration details, interested parties are encouraged to review the available materials and confirm operating and layout specifics during due diligence.

Key Highlights

Year built 1940
Includes 10 bedrooms (Bedroom 1 through Bedroom 10)
Includes 7 bathrooms (Bathroom 1 through Bathroom 7)

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$124.0k	$31.80
− Vacancy	−$6.8k	−$1.75
EGI	$117.2k	$30.05
− OpEx	−$52.7k	−$13.52
NOI	$64.5k	$16.53

3,900 SF · lease $31.80/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$920.8K

$805.7K – $1.07M (±1% cap)

NOI $64,459 @ 7.0% cap · market cap 6.45%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$1.54M

$1.35M – $1.80M (±1% cap)

NOI $107,827 @ 7.0% cap · market cap 10.78%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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