Homes for sale - 2948 52 Franklin Ave, San Diego, CA 92113

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Josh Pono

joshp@1stclassre.com +1(619) 384-8163

$1,150,000

Est. payment - /mo

5,118 Sqft Lot

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 250040051SD

HOA Y/N No

Year Built 1926

Lot Size 5,118 Sqft

Property Description

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.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Building/Complex Name Franklin Ave

Zoning R-4:MULTIP

Interior

Heating Electric, Forced Air, See Remarks

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Pool None

Community Features Gated

View Y/N Yes

View None

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5455012000

Security Features Gated Community

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

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Listed by Seth Struiksma Compass

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Josh Pono

+1(619) 384-8163

Owner/CEO/Trainer/Coach | License ID: 02016846

Owner/CEO/Trainer/Coach License ID: 02016846

2948 52 Franklin Ave San Diego, CA 92113

Josh Pono

Key Details

Location

Interior

Exterior

Building

Others

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2948 52 Franklin Ave