855 Franklin Avenue 855 Franklin Ave Immeuble residentiel 2 lots 1 031 130 € (515 565 €/Lot) Taux de capitalisation 4,29 % El Cajon, CA 92020

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.