Laura Jewett

Laura Jewett

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$695,000

($532,247 down)
FHA

3831 Franklin Ave, San Diego, CA 92113

2
1
600 sqft
PITI Monthly
$1,999.94 /mo

Listing courtesy of: Ian Lopez, eXp Realty of Southern California, Inc.

Assumed Rate

3.71%
7.15%

Principal & Interest

$962 /mo
$1,409 /mo

What's Special

INVESTORS
LOCATION
SPACIOUS
HOME OFFICE
DECK
CHARMING

Where Opportunity, Location & Great Design work all come together. I present to you 3831 Franklin Avenue! Nestled on a spacious lot, this charming 2-bedroom, 1.5-bath home features a bonus 1-bedroom, 1-bath unit, offering unmatched flexibility for homeowners and investors alike. Unlock the potential with multiple investment options: Take advantage of SB9 to build your dream home in the front and convert the existing house into an ADU with a garage as a JADU. Alternatively, explore the possibility of a lot split for even greater value. The converted garage is ideal for a home office, gym, or rental space to help accelerate your mortgage payoff. Relax or entertain on the expansive deck, perfect for BBQs with friends and family. Conveniently located near banks, gyms, grocery stores, and with easy freeway access, this home offers unbeatable convenience. Available now, gone tomorrow. Bring your best offer and make this gem your very own today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.71
Remaining Loan Term
20 years, 0 months
Monthly PITI
$1,999.94/mo
Estimated Loan Balance
$283,700
Cash to close
$532,247
Interest Paid
$69,491

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: LapSiding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • LapSiding
  • Roof: Shingle
Condition
  • Year Built: 1939
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Logan Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: San Diego

Financial Details

  • Price per Sqft: $1,158.33
  • Tax Annual Amount: $8687.5
  • On Market Date: 2025-03-28T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $532,247 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $532,247!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$162,753
Your Cash:$532,247
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$962/mo
Traditional @ 7.5%
$1,462/mo
You save $500/month ($6,003/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 250022902SD

Listing From:

Last updated: 2025-04-02T01:34:34.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.71%
7.15%

Principal & Interest

$962 /mo
$1,409 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $532,247 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $532,247!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$162,753
Your Cash:$532,247
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$962/mo
Traditional @ 7.5%
$1,462/mo
You save $500/month ($6,003/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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