Jeremiah Moersch REALTOR®
Office: 760-533-2540
711 Franklin Lane, Vista
$3,800,000
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2 Beds
0 Bath
.66 Acre
10 Garages
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
- Bedrooms
- 2
- Bathrooms
- 0.00
- Acres
- 0.66
- Year Built
- 1986
- Type
- Residential Income
- Sub-Type
- Apartment
- Status
- Active
Community Information
- Address
- 711 Franklin Lane
- Area
- 92084 - Vista
- Subdivision
- Vista
- City
- Vista
- County
- San Diego
- Zip Code
- 92084
- Community Features
- Suburban
- Senior Community
- N
Amenities
- Parking Spaces
- 20
- Parking
- Assigned, Garage, Storage
- # of Garages
- 10
- Garages
- Assigned, Garage, Storage
- Pool
- None
Interior
- # of Stories
- 2
- Stories
- Two
Exterior
- Lot Description
- 6-10 Units/Acre
Additional Information
- Date Listed
- December 29th, 2023
- Days on Market
- 120
- Zoning
- R3
Listing Details
- Agent
- Ben Marion
- Office
- MARION INVESTMENT PROPERTIES
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 11:25am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.