2146 Franklin Ave Southwest #12, San Diego, CA 92113
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
2146 Franklin Ave Southwest #12,San Diego, CA 92113
$999,000
- 0 Acres
- Lots / Land
- Active
Listed by: portia v green
Office: compass
MLS#:250043012
Source:San Diego MLS via CRMLS
Price summary
- Price:$999,000
About this home
Variance Granted Lot/Land. High-growth investment opportunity in Logan Heights, ideal for Investors & Builders. This centrally located property with alley access and gated parking on a level 3,422SF lot zoned RM-2-5 offers pre-approved plans for the construction of a detached ADU duplex, providing accelerated rental income potential. Currently, there is a completely remodeled turnkey 3BR/2.5BA detached 1,440SF home on the premises, with an estimated market rental value of $4,995 per month. The main house was fully rebuilt from the foundation up in 2023, retaining the original 1919 footprint. Eligible for Short-Term Residential Occupancy (STRO) licensing and Transient Occupancy Tax (TOT) registration, Buyer to confirm. The pre-approved plans, designed by SnapADU, include one detached duplex with two 1/1 units measuring ~400SF each to maximize density at three (3) rentable units on the premises. With these additions, the projected total rent after construction is up to $9,995 per month, adding two new income streams and supporting strong multi-unit cash flow. To bring this vision to life, leverage key bonus programs in place at this site by tapping into the Transit Area Overlay (TAO) and Transit Priority Area (TPA), Opportunity Zone and Promise Zone, Airport Influence Area (AIA), and Complete Communities Plan (Tier 3) unlocking ADU bonuses, transit-oriented development (TOD) density, parking relief, and fast track approvals....
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Home facts
- Listing ID #:250043012
- Added:148 day(s) ago
- Updated:March 29, 2026 at 01:58 PM
Utilities
- Water:Available, Meter on Property
- Sewer:Sewer Available, Sewer Connected
Finances and disclosures
- Price:$999,000
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