711 Franklin Lane, Vista CA, 92084

Active

711 Franklin Lane

Vista CA, 92084

$3,800,000

$132.17 per sqft

Active

28,750 sqft

Multi-family

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.

EV23231206

MLSⓇ ID

December 29, 2023

Listed

March 14, 2024

Updated

Map

711 Franklin Lane
Vista CA, 92084

Interior Features

Total Stories: 2
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.66 Acres

Other Property Details

Days on Market: 59
Garage: Yes
Parking: Garage(Assigned)
View: No
County: San Diego
Pool: No
Pool Features: None
Zoning: Seller
Buyer Agency Compensation: 2%

Listed by MARION INVESTMENT PROPERTIES, ,
Listing Contact: 909-910-2246

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data last updated 9:52 PM UTC, 3/14/2024