Greg Cummings: San Diego Real Estate Agent
San Diego Condo ManiaMLS: SW24069173 $965,000
5 Bedrooms with 3 Baths3863 FRANKLIN AVENUE 67
SAN DIEGO CA 92113MLS: SW24069173
Status: ACTIVE
List Price: $965,000
Price per SQFT: $455
Square Footage: 21205 Bedrooms
3 Baths
Year Built: 1946
Zip Code: 92113
Listing Remarks
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
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.
Address: 3863 FRANKLIN AVENUE 67 SAN DIEGO CA 92113
Listing Courtesy of MR AGENT RE
Condo Mania Agent:
Greg CummingsCompass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
Request More Information
Listing Details
LISTING DATE: 2024-04-06 MONTHLY HOA FEES: $3 SALES RESTRICTIONS: Standard COMMUNITY: LOGAN HEIGHTS FULL BATHROOMS: 3 HALF BATHROOMS: 0 PARKING GARAGE SPACES: 0 PARKING SPACES TOTAL: 0 FLOORING: Wood EQUIPMENT: Gas Range LAUNDRY LOCATION: Closet Full Sized FLOOR NO: 1 STORIES: 1 Story STORIES IN BUILDING: 1 RESIDENTIAL STYLES: All Other Attached LISTING AGENT: Michael Jordan LISTING OFFICE: Mr Agent RE
Estimated Monthly Payments
List Price: $965,000 20% Down Payment: $193,000 Loan Amount: $772,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $4,880 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 3863 FRANKLIN AVENUE 67 SAN DIEGO CA 92113
This Listing
Active Listings Nearby
Condo Mania Agent:
Greg CummingsCompass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
Search Listings
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
“This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non- commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS.”
Last Updated: 2024-06-14