2948 52 Franklin Ave, San Diego, CA 92113
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
Listed by:seth struiksma
Office:compass
MLS#:250040051SD
Source:CRMLS
Price summary
- Price:$1,150,000
About this home
Turnkey and income-producing, this fully renovated and furnished triplex in Logan Heights offers an exceptional investment opportunity with projected short-term rental income each 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 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 with potential for $10k-$12k/ monthly, this Logan Heights triplex checks all the boxes for modern, turn-key investing.
Contact an agent
Home facts
- Year built:1926
- Listing ID #:250040051SD
- Added:1 day(s) ago
- Updated:September 26, 2025 at 10:21 PM
Heating and cooling
- Cooling:Wall Window Units
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1926
- Lot area:0.12 Acres
Finances and disclosures
- Price:$1,150,000
New listings near 2948 52 Franklin Ave
- New$1,749,000Active3 beds 2 baths1,673 sq. ft.
2851 Grandview Street, San Diego, CA 92110
MLS# CRPTP2507371Listed by: CA-RES - New$2,595,000Active4 beds 5 baths3,022 sq. ft.
14582 Luna Media, San Diego, CA 92127
MLS# 250040047Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New$145,000Active0 Acres
S 66th St #09, San Diego, CA 92114
MLS# 250040048Listed by: JAMES LAWSON, BROKER - New$449,900Active2 beds 2 baths733 sq. ft.
7737 Margerum #205, San Diego, CA 92120
MLS# OC25226071Listed by: INNOVATE REALTY, INC. - Open Sun, 11am to 1pmNew$695,000Active4 beds 4 baths1,777 sq. ft.
5261 Beachfront Cove Street, San Diego, CA 92154
MLS# PTP2507365Listed by: COMPASS - Open Tue, 1 to 4pmNew$2,595,000Active4 beds 5 baths3,022 sq. ft.
14582 Luna Media, San Diego, CA 92127
MLS# 250040047SDListed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New$145,000Active0 Acres
S 66th St, San Diego, CA 92114
MLS# 250040048SDListed by: JAMES LAWSON, BROKER - New$985,000Active4 beds 2 baths1,540 sq. ft.
10853 Valldemosa Lane, San Diego, CA 92124
MLS# 250040049SDListed by: MICHAEL SPIRTOS - Open Sat, 1 to 4pmNew$1,149,000Active4 beds 2 baths1,623 sq. ft.
11214 Calle Jalapa, San Diego, CA 92126
MLS# 250040052SDListed by: RC REALTY OF SAN DIEGO