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802-858 Franklin Ave
El Cajon, CA 92020
Franklin Ave Apartments · Multifamily Property For Sale
·
24 Units
Investment Highlights
- True value-add opportunity with ability to capture upside by implementing an interior and community renovation enhancement program
- Ideally located in the heart of downtown El Cajon; proximate to shopping, dining, parks, theatre, and year-round entertainment
- Residents enjoy convenient access to Interstate 8 and major job nodes
- Desirable unit mix of one- and two-bedroom units
- Community amenities include spacious common areas, an on-site laundry facility, and ample off-street parking
Property Facts
| No. Units | 24 | Lot Size | 0.51 AC |
| Property Type | Multifamily | Building Size | 15,850 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | ||
| Zoning | RM-2200 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 15,850 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Zoning | RM-2200 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | $1,520 | 700 |
| 2+1 | 10 | $1,674 | 900 |
Property Taxes
| Parcel Number | 487-531-07 | Improvements Assessment | $2,879,269 |
| Land Assessment | $2,164,864 | Total Assessment | $5,044,133 |
Property Taxes
Parcel Number
487-531-07
Land Assessment
$2,164,864
Improvements Assessment
$2,879,269
Total Assessment
$5,044,133
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