- $3.8M Price
- .66 Acres
- 59 DOM
711 Franklin Lane
711 Franklin Ln presents an opportunity for an investor to acquire a 10 unit multi-family property in San Diego County. All large (approx 1090 sf) 2 bedroom/2 bath units that include patios or balconies, a garage with storage space and a dedicated parking spot as well. Mostly long term tenants with current rents below market, allowing for new ownership to raise rents and maximize value. There is on site coin operated laundry (owned) for additional income as well. Recent capital improvements include new electric sub panels in every unit. A new Buyer may be able to assume the existing loan at a much more favorable rate, than todays, ask agent for details. These buildings do not come up for sale often.
Essential Information
- MLS® #EV23231206
- Price$3,800,000
- Bathrooms0.00
- Acres0.66
- TypeResidential Income
- StatusACTIVE
Community Information
- Address711 Franklin Lane
- AreaVISTA (92084)
- CityVISTA
- CountySan Diego
- StateCA
- Zip Code92084
Amenities
- PoolN/K
Interior
- # of Stories2
Additional Information
- Date ListedDecember 29th, 2023
- Days on Market59
- ZoningSeller
Listing Details
- OfficeMARION INVESTMENT PROPERTIES
MARION INVESTMENT PROPERTIES.
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Listing information last updated on April 29th, 2024 at 6:19am PDT.