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
For sale
$1,150,000
2948-52 Franklin Ave, San Diego, CA 92113
5beds
3baths
--sqft
Est.:
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
- 5 hours
- on Zillow |
- 33 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: 10 hours ago
Listed by:
Seth Struiksma DRE #01868552 714-448-4699,
Compass
Source: SDMLS,MLS#: 250035718
Originating MLS: San Diego Association of REALTOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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