Great opportunity to own a well-maintained 4-plex. The property consists of 1 3-bedroom 2 bath unit, 2 2-bedroom 2 bath units and a spacious 1-bedroom 1 bath unit.
The 3-bedroom unit was just vacated, and the seller used the opportunity to fully refresh the space with a new kitchen, updated bathrooms, mirrored wardrobe closets, a new sliding door, and new flooring throughout thus positioning a new owner to maximize the unit’s rental potential.
Other recent improvements include new dual pane vinyl windows throughout and the recently painted exterior.
PLEASE DO NOT DISTURB TENANTS. UNITS TO BE TOURED WITH ACCEPTED OFFER.
Listed by Steven White
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License #01925218
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SR White and Associates
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3106298661
Last updated November 17, 2025
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Source: CRMLS #PW25259316
Listing Facts
TypeMulti-family
NeighborhoodCabrillo Park
Days on Prevu7
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/12/2025
Listed by SR White and Associates
$2,050,000
Property Details for 2318 Franzen
Association
Amenities
Community Features: Curbs, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Stories: 2
Stories Total: 2
Window Features: Double Pane Windows
Year Built: 1969
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Ground
Features
Road Frontage Type: City Street
Measurements
Building Area Total: 4,180
Building Area Units: Square Feet
Lot Features: Front Yard, Landscaped, Level, Sprinkler System
Lot Size Acres: 0.18
Lot Size Area: 7,841
Lot Size Source: Assessor
Lot Size Square Feet: 7,841
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $113,143.00
Operating Expense: $41,454.00
Taxes
Parcel Number: 39613139
Interior
Features
Appliances: Gas Oven, Gas Range, Gas Water Heater
Fireplace Features: Living Room
Fireplace: Yes
Flooring: Carpet, Laminate, Tile, Vinyl
Other
Location
Subdivision Name: Other
Tax Lot: 10
Parking
Parking
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 3
Parking Features: Assigned
Parking Total: 7
Utilities
Equipment
Electric: Electricity - On Property
Heating: Central
Has Heating: Yes
Laundry Features: Common Area
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.