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.
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.
Property Details
Price:
$910,000
MLS #:
SW24069173
Status:
Active
Beds:
5
Baths:
3
Address:
3863 Franklin Avenue 67
Type:
Single Family
Subtype:
Triplex
Subdivision:
Logan Heights
Neighborhood:
92113loganheights
City:
San Diego
Listed Date:
Apr 6, 2024
State:
CA
Finished Sq Ft:
2,120
ZIP:
92113
Lot Size:
6,625 sqft / 0.15 acres (approx)
Year Built:
1946
Schools
Interior
Accessibility Features
2+ Access Exits
Appliances
Gas Range
Cooling
None
Fireplace Features
None
Flooring
Wood
Interior Features
Block Walls, Ceiling Fan(s)
Exterior
Community Features
Urban
Fencing
Wrought Iron
Foundation Details
None
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Water Connected
Map
Community
- Address3863 Franklin Avenue 67 San Diego CA
- Area92113 – Logan Heights
- SubdivisionLogan Heights
- CitySan Diego
- CountySan Diego
- Zip Code92113
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Courtesy of Mr Agent RE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Robert Barksdale include the name of the listing broker. Neither the listing company nor Robert Barksdale shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3863 Franklin Avenue 67
San Diego, CA
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