3863 Franklin Avenue 67, San Diego, CA 92113

$965,000 Asking Price

5 beds
3 baths
2,120  sqft
Built in 1946

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

Features & Amenities

Interior

Laundry:
Closet Full Sized
Flooring:
Wood
A/C:
N/K
Fireplace:
N/K
Disability Feature:
2+ Access Exits

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

Roofing:
Shingle
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
San Diego

Lot

Zoning:
RM-1-1, 5463021200
View:
N/K
Fencing:
Wrought Iron

Utilities

Utilities:
Electricity Connected,Natural Gas Available,Sewer Available,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Mr Agent RE, Michael Jordan

About San Diego, CA

Housing

Number of Units
530,112
Median Home Value
$667,960
Median Rent
$1,659

53.36% of housing units are renter occupied.

5.63% are vacant.

Commute

Car
61.31%
Public Transportation
2.76%
Walk to Work
1.90%
Work from Home
32.44%
Other
0.70%

The median travel time to work is 19 minutes.

People

Population
1,316,972
Median Age
36.10
Median Household Size
2.80

Education

High School
14.65%
Associate’s Degree
7.39%
Bachelor’s Degree
28.27%
Graduate Degree
19.58%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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