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3094 Franklin Ave
San Diego, CA 92113

$799,000 USD

Apartments For Sale  •  1,064 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,064 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1950
  • Cap Rate 5.16 %
53 Transit Score
82 Walk Score

Highlights

$500,000 Price Improvement!
Two Fully Renovated Units - Move-In Ready
High End Interior Finishes (Quartz Countertops, LVP Flooring, Stainless Steel Appliances, Mini-Split A/C)
Corner Lot
Low Maintenance
High Demand Rental Market

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $41,260 USD (2024)
Cap Rate: 5.16 %
Total Expenses: $13,448 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Yard
  • Deck
  • Double Pane Windows
  • Lawn
  • Vinyl Flooring
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 7 min - 3.7 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 10 min - 6.6 mi
Transit/SubwayDriveWalkDistance
32Nd & Commercial (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 1 min 10 min 0.4 mi
25Th & Commercial (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 2 min 16 min 0.9 mi
AirportDriveWalkDistance
San Diego International 11 min - 6.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: SurfaceTandem
Included in Rent: Yes
Seth Watje 858-867-3697 Starker West, Inc
Seth Watje 858-867-3697 Starker West, Inc