3996 Teak St,  Logan Heights  (92113)

$995,000

3 bedrooms 3   2 bathrooms 2   1368 square feet 1,368
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Listed By: Assaf Avissar of Coldwell Banker West

PROPERTY DETAILS

Address: view address
Logan Heights, CA 92113
Map Location
Features: Garage, Multi-level
Bedrooms:3Bathrooms:2 (full: 2)
Square Feet:1,368 sq.ft.Lot Size:6600.0
Year Built:1949Views:Park/Greenbelt
Property Type:Single Family ResidenceCounty:San Diego
List Date:2024-02-12Listing Number:PTP2400817
Listing Office:[email protected]Virtual Tour:Click Here
Days on market:96

PROPERTY DESCRIPTION

Incredible opportunity awaits with this charming two-story single-family home on a corner lot. Property is Zoned for Multifamily and Multiple Units can be built here. Property is also located in a Transit Priority zone with an Expedited Application Process and Reduced Fees. Originally constructed in 1949, this residence features a delightful layout with 3 bedrooms and 2 bathrooms. The upper level, accessible via the main entrance on Teak St, offers 2 bedrooms, 1 bath, a spacious remodeled kitchen, and an inviting dining and living area with gleaming hardwood floors. Step outside onto the expansive outdoor deck, perfect for hosting gatherings and enjoying outdoor leisure. Convenience is key with a single-car garage and tandem driveway parking available. The lower level, with a separate entrance on 40th St, presents an additional 1 bedroom and 1 bath, providing versatile options for extended family living or rental income potential. What sets this opportunity apart is the ability to build Multiple Multifamily Units or ADU's. Property is located in a Federal Opportunity Zone providing Capital Gains Tax Relief to Failed 1031 Exchange Investors, Capital Gains from Business Sales, Stock Sales, and many other Capital Gains from Business Investments. Lot size spans of 6,600 sq feet, and includes alley access. Property Located in Community Lending Program-Discount rates up to 1.5% based on qualifying terms-available through select lenders. Don't miss out on the chance to own a home with endless possibilities for expansion and income generation!

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Interior

Features

Fireplace features:NoneLaundry Features:In Garage
Laundry:Yes

Cooling & Heating

Cooling features:NoneHeating features:None
Heating:Yes

Exterior

Pool and Spa

Pool Features:None

Parking

Parking features:AttachedGarage spaces:1
Attached Garage:Yes

Property and Lot Details

Features

Community Features:Suburban, Curbs, Park, Sidewalks

View

Views:Park/GreenbeltHas View:Yes

Fee

Special Listing Conditions:Standard

Building Information

Year Built:1949Levels:Two
Stories:2

Lot

Lot Dimensions:6600.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Assaf Avissar of Coldwell Banker West