Property Detail

1851 Logan Ave

San Diego CA 92113

$1,995,000

Status: Active

Property Details

Description

10 Units / 6,810 sf of Improvements / 11,553 sf / 2 water & 4gas & 7 electrical meters / w/ Alley Access!!!! After almost 100 years, the iconic "Las Cuatro Milpas" is for sale — a true American Dream! This sale includes TWO parcels, with La Victoria next door included. Las Cuatro Milpas is a mixed-use property featuring a restaurant and a detached single-family home with 2 bedrooms, 1 bathroom, and an optional third bedroom. The second parcel, La Victoria, consists of three buildings. The front building includes a retail store on the ground floor, a four dormitory-style studios upstairs and a full studio unit. The second building is a 3-car warehouse and plenty of parking with alley access. The third building is a duplex, with two 2-bedroom, 1-bath units. This is a unique opportunity in a prime location, a well-established, profitable restaurant with a strong following. HUGE DEVELOPMENT OPPORTUNITY!! Land use is for commercial/residential, 11,553 sqft of lot allows you to build up to 28 units. Covered in all the benefits that fall under: the complete communities, Sustainable development, Transit Priority Area. This is a once in a lifetime opportunity to own in the heart of the city!

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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