2010 Franklin Ave - Multi-Family FOR SALE


San Diego, CA 92113- Logan Heights
$1,300,000 USD
858-373-3196
2010 Franklin Ave, San Diego, CA for Sale
$1,300,000 USD
Multi-Family - FOR SALE
1/10
null | 2.91% Cap Rate

2010 Franklin Ave
San Diego, CA 92113
Logan Heights


HIGHLIGHTS

  • ADD Value Opportunity. Rehab the existing units or redevelop the 3 contiguous parcels
  • Corner Lots
  • Improving Logan Heights Neighborhood

OVERVIEW

Available are 3 Contiguous Parcels located at 2010-2026 Franklin & 2617 Commercial. 2 of the 3 parcels each have Two Stand Alone Homes that are 2BR/1Bath totaling 4 units. the 3rd parcel is vacant land that is leased out to a commercial tenant using it for storage month to month. Several nearby developments are taking place including directly accross the street proving the value in the land. This could be an Add Value opportunity to upgrade the existing structures or redevelop all of the parcels into a larger Multi Family Community.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$558 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

2.91%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

535-682-01-00,535-682-02-00,535-682-03-00

ASK ABOUT THIS PROPERTY

Thomas McCartinThe McCartin GroupMore Info
858-373-3196

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Thomas McCartinThe McCartin GroupMore Info
858-373-3196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.