2948-52 Franklin Ave, San Diego, CA 92113
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by:seth struiksma
Office:compass
MLS#:250040051
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$558.25
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.
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Home facts
- Year built:1926
- Listing ID #:250040051
- Added:52 day(s) ago
- Updated:September 29, 2025 at 02:45 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,060 sq. ft.
Heating and cooling
- Cooling:Wall/Window
- Heating:Forced Air Unit
Structure and exterior
- Year built:1926
- Building area:2,060 sq. ft.
Utilities
- Water:Meter on Property
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$558.25
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