3863 Franklin Avenue, 67 | LOGAN HEIGHTS (92113)
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 SDMLS 306184748
Directions to property: Property is on 3863 Franklin, can access from the bottom and use the stairs.
