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For sale
  • $1,150,000

    2948-52 Franklin Ave, San Diego, CA 92113

    5beds
    3baths
    --sqft
    : 
    Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Move-in readyExpansive turf yardModern finishesGated off-street parkingUpdated and private residencesFully fenced lotLarge kitchen
    Turnkey and income-producing, this fully renovated and furnished triplex in Logan Heights offers an exceptional investment opportunity with projected short-term rental income of up to $12k-15k per month. Ideal for investors, house hackers, or multigenerational living, the property includes three updated and private residences on one lot—each designed for immediate rental use. The front home at 2950 Franklin Ave is a spacious 3-bedroom, 1-bathroom unit with approximately 1,050 sq ft of living space. Behind it, the lower ADU (2952 Franklin) features a stylishly designed 1-bedroom, 1-bathroom layout with a large kitchen, modern finishes, and a mini-split system. Above that, the upper unit (2948 Franklin) is another bright and airy 1-bedroom, 1-bathroom space, also equipped with a new mini-split system. All units are thoughtfully furnished and move-in ready, allowing for quick occupancy or rental turnover. This property is packed with value-added features, including owned solar panels, an EV charging station, gated off-street parking for three vehicles, and a fully fenced lot with an expansive turf yard—perfect for entertaining or pet-friendly stays. Located in a walkable, rapidly appreciating neighborhood, you’re just minutes from Balboa Park, the San Diego Zoo, Downtown, Little Italy, beaches, and major freeways. Whether you’re looking to live in one unit and rent the others, operate a high-performing short-term rental portfolio, or simply hold a strong cash-flowing asset, this Logan Heights triplex checks all the boxes for modern, turn-key investing.null
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    Zillow last checked: 7 hours ago

    Listing updated: 10 hours ago

    Listed by:

    Seth Struiksma DRE #01868552 714-448-4699,

    Compass

    Source: SDMLS,MLS#: 250035718MLS LogoOriginating MLS: San Diego Association of REALTOR
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2948-52 Franklin Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air Unit
    Cooling
    • Wall/Window
    Interior area
    • Total structure area: 2,060
    Video & virtual tour

    Property

    Features
    • Levels: 1 Story
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Full,Gate,Other/Remarks
    • Has view: Yes
    • View description: N/K
    • Frontage type: N/K
    Lot
    • Size: 5,227.2 Square Feet
    Details
    • Parcel number: 5455012000
    • Zoning: R-4:MULTIP
    • Zoning description: R-4:MULTIP
    • Special conditions: Other/Remarks

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Adobe
    • Roof: Other/Remarks
    Condition
    • Year built: 1926

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Gated Community, Pet Restrictions
    • Security: Gated Community
    • Subdivision: LOGAN HEIGHTS
    HOA
    • Services included: N/K
    Location
    • Region: San Diego

    Financial & listing details

    • Date on market: 8/8/2025
    • Listing terms: Cash,Conventional,Exchange,VA
    • Tenant pays: Electricity, Other/Remarks
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