2948-52 Franklin Ave, San Diego, CA 92113

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,150,000

Est. payment - /mo

5 Beds

3 Baths

5,118 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 250044073

Bedrooms 5

Full Baths 3

Year Built 1926

Lot Size 5,118 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Need an investment before the end of 2025? This turnkey Logan Heights triplex is fully renovated, income-producing, and STR-ready—2 units come furnished. Ideal for investors, house hackers, or multi-gen setups. 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, this Logan Heights triplex checks all the boxes for modern, turn-key investing.

Location

State CA

County San Diego

Community Gated Community, Pet Restrictions

Area Metro Central

Zoning R-4:MULTIP

Interior

Heating Forced Air Unit

Cooling Wall/Window

Fireplace No

Exterior

Fence Full, Gate, Other/Remarks

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

Roof Type Other/Remarks

Building

Story 1

Water Meter on Property

Level or Stories 1

Others

Senior Community No

Tax ID 545-501-20-00

Acceptable Financing Cash, Conventional, Exchange, VA

Listing Terms Cash, Conventional, Exchange, VA

Special Listing Condition N/K, Other/Remarks

Virtual Tour https://tours.previewfirst.com/ml/154253

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Listed by Seth Struiksma Compass

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2948-52 Franklin Ave San Diego, CA 92113