2948-52 Franklin Ave, San Diego, CA 92113
Local realty services provided by:ERA Donahoe Realty
Listed by: seth struiksma
Office: compass
MLS#:250044073
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$558.25
About this home
Looking for an Investment Property for 2025? Turnkey and income-producing Triplex, fully renovated in Logan Heights - 2 units furnished! Triplex offers an exceptional investment opportunity with projected short-term rental income. Ideal for investors, house hackers, or multigenerational living, the property includes 3 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, this Logan Heights triplex checks all the boxes for modern, turn-key investing.
Contact an agent
Home facts
- Year built:1926
- Listing ID #:250044073
- Added:101 day(s) ago
- Updated:November 17, 2025 at 03:51 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
New listings near 2948-52 Franklin Ave
- New
$2,500,000Active3 beds 4 baths2,331 sq. ft.1122 Oliver Ave, San Diego, CA 92109
MLS# 250044171Listed by: COMPASS - New
$725,000Active2 beds 1 baths975 sq. ft.1819 Linwood St, San Diego, CA 92110
MLS# 250044165SDListed by: COMPASS - New
$2,675,000Active5 beds 4 baths3,187 sq. ft.5815 Blazing Star, San Diego, CA 92130
MLS# NDP2510886Listed by: COMPASS - Coming Soon
$600,000Coming Soon1 beds 1 baths12510 Carmel Creek Road #188, San Diego, CA 92130
MLS# PTP2508618Listed by: REAL BROKER - Coming Soon
$600,000Coming Soon1 beds 1 baths12510 Carmel Creek Road #188, San Diego, CA 92130
MLS# PTP2508618Listed by: REAL BROKER - New
$777,777Active2 beds 2 baths1,308 sq. ft.235 Market St #301, San Diego, CA 92101
MLS# 250044160Listed by: MILITARY MUTUAL - New
$825,000Active3 beds 2 baths1,260 sq. ft.3116 Groton Way #2, San Diego, CA 92110
MLS# 250044162Listed by: INNOVATE REALTY, INC. - New
$777,777Active2 beds 2 baths1,308 sq. ft.235 Market St #301, San Diego, CA 92101
MLS# 250044160SDListed by: MILITARY MUTUAL - New
$825,000Active3 beds 2 baths1,260 sq. ft.3116 Groton Way #2, San Diego, CA 92110
MLS# 250044162SDListed by: INNOVATE REALTY, INC. - New
$4,500,000Active3 beds 4 baths2,691 sq. ft.7725 Whitefield Pl, La Jolla, CA 92037
MLS# 250044159SDListed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES