fbpx

$965,000
5 bed
3 bath
2,120 Sqft
6,625 Sqft lot

3863 Franklin Avenue 67, San Diego, California 92113

  • Residential Property Type
  • 44 Days Time on market
  • $455 Price per sqft
  • 1946 Year Built
Property Description

This Triplex will be listed for sale at a price range between $850,000-$1,000,000

Property Features:

This triplex offers a unique investment prospect with three separate addresses: 3863, 3865, and 3867. Each unit is thoughtfully designed for optimal rental potential and features for San Diego:

Desirable Location: Centrally located near amenities and with easy freeway access, this property attracts tenants seeking convenience and accessibility.

Functional Layouts: Spacious interiors with hardwood flooring and Formica countertops provide durable long term and comfortable living spaces for all tenants.

Generous Bedrooms: Enjoy good-sized bedrooms in every unit, ensuring tenant satisfaction and long-term occupancy.

Convenient Amenities: A coin Community Laundry, vinyl fence for privacy, and dual pane windows enhance tenant comfort and satisfaction.

Outdoor Space: Relax in the backyard with Astroturf, an orange tree, and custom metal railings, creating a private feel.

Stable Income: Currently generating a total monthly rent of $4,150, this triplex provides a steady income stream.

Future Growth: With pro forma rent projected to reach $6,150 per month, investors have the opportunity to significantly increase cash flow.

Diverse Unit Mix: Offering a mix of unit sizes, including two 2-bedroom units, one of those two bedroom units has a small office, and a one 1-bedroom unit, this property appeals to a broad range of renters, investors, and first time home buyers.

Parking is convenient with a detached carport, rear parking accessed through the alley, and off-the-street parking for three in the front. Plus, enjoy easy access to the freeway, making commuting a breeze for you or your tenants.

Basic Details
Residential
Buy
SW24069173
$965,000
5
3
2,120 Sqft
1946
6,625 Sqft
Active
Triplex
Multi-family
Features
: Wrought Iron
: Gas Range
: Urban
0
$0
: Shingle
: Public Sewer
Address
CA
San Diego
San Diego
92113
3863 Franklin Avenue 67
3863
Avenue
0
W118° 53' 20''
N32° 42' 7.1''
Additional Information
44
1
1
1
3
: Two, One
1
: Common Area, Laundry Closet
0
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
: Bedroomonmainlevel, Ceiling Fan(s), Blockwalls, Mainlevelprimary
0.15 Sqft
6,625 Sqft
1
: 2+ Common Walls
0 Sqft
RM-1-1
5463021200
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
02/06/2024 12:10:46
$1,000,000
: Standard
Submit
Property is on 3863 Franklin, can access from the bottom and use the stairs.
Mr Agent RE
Michael Jordan
SWGIKF
SWJORDMIC
: Safe Emergency Egress From Home
$0
29
: Wood
1
: Item01unitacre
1
: Triplex
Logan Heights
: Sewer Available, Electricity Connected, Water Connected, Natural Gas Available
1
yes
: Square Feet
3
1
2
32,33
67
US-06073-N-5463021200-R-N
Triplex
01/07/2024 22:02:14
Franklin
92113 - Logan Heights
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$