3863 Franklin Avenue 67 San Diego, CA 92113

5 Beds
3 Baths
2,120 Sqft
6,625 Sqft lot
0.15 Acre lot
Status: Active
Property Type: Attached
Year Built: 1946
Days on Website: 108

Courtesy of Mr Agent RE.

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 thr

Open House

Property Details and Features

  • 3 full bathrooms
  • 3 total bathrooms
  • 5 bedrooms
  • 5 total bedrooms
  • 2,120 estimated square feet
  • Source: Assessor Record
  • Built in 1946
  • 1 story
  • 1 story
  • Wrought Iron
  • Wood
  • Public
  • Interior wall: block/brick
  • Closet Full Sized
  • Source: SDMLS
  • For Sale
  • 142 days on market
  • Listed on 2024-04-06
  • Community: Logan Heights
  • County: San Diego
  • Approximately 6,625 square feet
  • 4,000-7,499 SF
  • Approximately 0 acres
  • Urban
  • Shingle
  • Elementary School: San Diego Unified School District
  • Middle School: San Diego Unified School District
  • High School: San Diego Unified School District
  • Public Sewer
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