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$ 1,195,000
Est. payment /mo
Price Dropped by $105K
855 Franklin Avenue El Cajon, CA 92021
5 Beds
4 Baths
7,434 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision El Cajon
MLS Listing ID 260005493
Bedrooms 5
Full Baths 4
Year Built 1952
Lot Size 7,434 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to offer for sale 855 Franklin Avenue, a residential community consisting of two updated detached Single Family Homes in the heart of El Cajon. 855 Franklin consists of a renovated 3-bedroom/2-bathroom house and a lightly updated 2-bedroom/2-bathroom house. Each home has their own private yards, parking, entrances and laundry and truly live as individual single family homes. This offering delivers immediate income potential with the added potential of future development of ADU's on the over-sized lot, without eliminating any existing parking. This property's prime location in El Cajon is a major draw for tenants, ensuring consistent rental demand. The property offers convenient access to major freeways (e.g., I-8), public transportation, shopping centers, and dining options, making daily life easy and convenient. Residents enjoy proximity to parks, schools, and recreational facilities, providing a high quality of life. El Cajon is known for its friendly neighborhoods, diverse community, and welcoming atmosphere, attracting long-term tenants. The area also benefits from proximity to employment centers and major employers within the San Diego region, further bolstering tenant demand.
Location
State CA
County San Diego
Area East County
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Full, Gate
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 487-512-05-00
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/260005493
Listed by Nate Pepper, DRE#01993739 CBRE