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$753,000

Est. payment - /mo

Pending

2194 Franklin Ave San Diego, CA 92113

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 250027493SD

HOA Y/N No

Year Built 1968

Property Description

Variance granted 2-4 Units. Investment opportunity awaits on this income producing property or multigenerational home located on a corner lot featuring 2 units near downtown. The 3 bed, 1.5 bath, 970 sq ft main house (2194 Franklin Ave) features a large kitchen, dining room, fully fenced turf front yard & an oversized attached 283 sq ft 1 car garage w/ laundry. As per the permitted plans, the ADU consists of a 1 bed, 1 bath 481 sq ft unit approved in 2020. The remodeled ADU has its own address (254 Sampson St) with a private entrance and a private patio. Upgrades in the ADU include dual pane windows, recessed lighting, & a remodeled bathroom. Both units are currently rented on a month to month term. Main house is rented for $2,950 per month (utilities are not included) & the ADU is rented for $2,200 per month (utilities are included). Possibility to live in 1 & rent the other. Enjoy the opportunity this investment offers centrally located close to downtown, Coronado, & Balboa Park w/ San Diego skyline views from the street.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Building/Complex Name Logan Heights

Interior

Cooling None

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5381901800

Security Features Window Bars

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Layne Harrison • Compass

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