3845 Ocean View Blvd, LOGAN HEIGHTS Property Listing: MLS® #250019239

Supplemental Remarks

**The Benefits of Owning a Duplex** Investing in a **duplex** offers numerous financial and lifestyle advantages, making it an excellent choice for homeowners and investors alike. Whether you plan to live in one unit while renting the other or lease both for passive income, a duplex provides a unique opportunity to build wealth and maximize property value. **1. Generate Rental Income** One of the biggest advantages of owning a duplex is the ability to **generate rental income**. By leasing out one or both units, you can significantly offset mortgage payments, property taxes, and maintenance costs. This built-in revenue stream makes a duplex an attractive option for first-time buyers and seasoned investors. **2. Live in One, Rent the Other** Owner-occupants can benefit from **house hacking**, a strategy where you live in one unit while renting out the other. This can reduce or even eliminate your monthly housing expenses, allowing you to build equity with minimal financial strain. **3. Increased Property Value & Appreciation** Multi-unit properties, including duplexes, tend to appreciate over time, especially in high-demand areas. With two separate living spaces, **a duplex often holds more value than a single-family home**, providing a stronger return on investment in the long run. **4. Tax Advantages** Owning a rental property comes with **valuable tax deductions**, including mortgage interest, property depreciation, repairs, maintenance, and even certain home expenses if you occupy one unit. These financial benefits can significantly reduce your taxable income. **5. Flexibility & Multi-Generational Living** A duplex is an excellent solution for **multi-generational families**, offering proximity while maintaining privacy. Parents, adult children, or extended family members can live close by without compromising independence. Alternatively, the additional unit can serve as a **guest house or home office**. **6. Easier Financing & Lower Risk** Lenders often view duplexes as lower-risk investments due to their **income-generating potential**. If you plan to occupy one unit, you may also qualify for **owner-occupied financing options**, including FHA loans, which require lower down payments compared to traditional investment properties. **7. Diversified Investment Strategy** Owning a duplex helps you **diversify your real estate portfolio**. Instead of relying on a single unit for income or appreciation, you have **two separate revenue sources**, reducing financial risk in changing market conditions. **8. Future Flexibility & Long-Term Potential** A duplex provides **long-term flexibility**—you can start as an owner-occupant and transition into a full-time landlord later. Additionally, a well-maintained duplex offers future resale opportunities, whether selling as an investment property or converting it into a single-family home. **A Smart Investment for Any Buyer** Whether you're looking for an **affordable way to own a home, a reliable income-producing asset, or a long-term wealth-building strategy**, a duplex offers an unbeatable combination of benefits. Take advantage of this opportunity to invest wisely, maximize value, and enjoy the financial freedom that comes with owning a multi-unit property.

Essential Information

• MLS® #250019239
• Listing Price$990,000
• Original Listing Price$890,000
• Date ListedFebruary 17th, 2025
• Days on Market40
• Bathrooms2.00
• Acres0.16
• Lot Sq.Ft.6,800
• Year Built1952
• TypeResidential Income
• StatusACTIVE

Dues

• HOA Dues$0

Community Information

• Address3845 Ocean View Blvd
• AreaLOGAN HEIGHTS (92113)
• ComplexMountain View Parkl
• SubdivisionMountain View
• CityLOGAN HEIGHTS
• CountySan Diego
• StateCA
• Zip Code92113

Amenities

• AmenitiesN/K
• ViewN/K
• PoolN/K

Interior

• HeatingWall/Gravity
• CoolingN/K
• FireplaceYes
• # of Fireplaces1
• # of Stories1

Exterior

• ExteriorStucco, Wood
• Lot DescriptionAlley Access
• RoofOther/Remarks