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3094 Franklin Ave

San Diego, CA 92113
  • $825,000
  • STATUS: ACTIVE
  • ON SITE: 82 Days
  • ID#: 240019890
Price Reduced
UPDATED: 46 min ago
$825,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,064
    SQFT
  • $775
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

$25,000 price improvement! 3094 Franklin Ave in Logan Heights features two fully renovated 2-bedroom, 1-bathroom units, each showcasing high-end interior finishes such as quartz countertops, LVP flooring, stainless steel appliances, and mini-split air conditioning. The front unit features a large front yard. Both units are unoccupied and move-in ready, offering flexibility whether you want to live in one and rent out the other or lease both in a high-demand rental market. Situated on a corner lot, this low-maintenance property is also an excellent option for an investor's first purchase.

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San Diego MLS logo 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, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/153933688
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3094 Franklin Ave San Diego, CA 92113

  • Price: $825,000
  • Status: ACTIVE
  • On Site: 82 Days
  • Updated: 46 min ago
  • ID#: 240019890
4
Beds
2
Baths
0
½ Baths
0.11
Acres
1,064
SQFT
$775
$/SQFT
1950
Built
Neighborhood:
Logan Heights
County:
San Diego
Area:
Logan Heights (92113)
Property Description
$25,000 price improvement! 3094 Franklin Ave in Logan Heights features two fully renovated 2-bedroom, 1-bathroom units, each showcasing high-end interior finishes such as quartz countertops, LVP flooring, stainless steel appliances, and mini-split air conditioning. The front unit features a large front yard. Both units are unoccupied and move-in ready, offering flexibility whether you want to live in one and rent out the other or lease both in a high-demand rental market. Situated on a corner lot, this low-maintenance property is also an excellent option for an investor's first purchase.
Exterior Features

Exterior Wood/Stucco Fencing Partial Roof Composition Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

Interior Features

Cooling Wall/WindowZoned Area(s) Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Units With Cooling 2 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 1

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 13884 Annual Expense Projected 13884 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community LOGAN HEIGHTS Complex Park Logan Heights Cross Streets S 31st Street Gross Rent Multiplier Actual 0.0 Gross Rent Multiplier Project 15.1 Gross Scheduled Income Actual 0 Gross Scheduled Income Project 56400 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Net Operating Income Projected 40825 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 4.9 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms Cal VetCashConventionalExchangeFHAVA Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 2400.0 Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 2250.0 Unit2 Rent Actual 0.0 Zoning R-4:MULTIP

San Diego MLS logo Listing provided courtesy of Nicholas Azoff of Starker West, Inc.: 818-307-4535. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128