1851 Logan Ave Active

San Diego,CA 92113

$ 1995000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250033604SD

Lot Size 0.265 Acres

Property Sub-Type Mixed Use

Property 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, 11,565 sq ft 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!!

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning Mixed Use

Interior

Heating See Remarks

Cooling Wall/Window Unit(s)

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

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