REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$1,150,000
Est. payment /mo
5,118 Sqft Lot
UPDATED:
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
Virtual Tour https://tours.previewfirst.com/ml/154253
Read Less Info

Listed by Seth Struiksma Compass
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Serving Southern California
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
- Home For Sale in Los Angeles County HOT
- Home For Sale in San Diego County HOT
- Home For Sale in San Bernardino County HOT
- Home For Sale in Orange County HOT
- Home For Sale in Riverside County HOT
- Homes For Sale in Los Angeles, CA HOT
- Homes For Sale in Beverly Hills, CA
- Homes For Sale in West Hollywood, CA HOT
- Homes For Sale in Culver City, CA
- Homes For Sale in San Fernando, CA
- Homes For Sale in Burbank, CA
- Homes For Sale in Pasadena, CA
- Homes For Sale in San Diego, CA HOT
- Homes For Sale in Oceanside, CA HOT
- Homes For Sale in Newport Beach, CA
- Homes For Sale in Costa Mesa, CA HOT
- Homes For Sale in Huntington Beach, CA
- Homes For Sale in Anaheim, CA
- Homes For Sale in Riverside, CA HOT
- Homes For Sale in Temecula, CA HOT
- Homes For Sale in Murrieta, CA HOT
- Homes For Sale in Menifee, CA
- Homes For Sale in Moreno Valley, CA
- Homes For Sale in Hemet, CA
- Homes For Sale in San Jacinto, CA
- Homes For Sale in San Bernardino, CA HOT
- Homes For Sale in Big Bear City, CA
- Homes For Sale in Orange, CA HOT
- Homes For Sale in Palm Springs, CA HOT
- Homes For Sale in La Quinta, CA
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
- Home For Sale in Phoenix, AZ
- Home For Sale in Arizona City, AZ
- Home For Sale in Mesa, AZ
- Home For Sale in Chandler, AZ
- Home For Sale in Gilbert, AZ
- Home For Sale in Glendale, AZ
- Home For Sale in Scottsdale, AZ
- Home For Sale in Tempe, AZ
- Home For Sale in Peoria, AZ
- Home For Sale in Surprise, AZ
- Home For Sale in Sahuarita, AZ
- Home For Sale in Oro Valley, AZ
- Home For Sale in Tucson, AZ
- Home For Sale in Prescott, AZ
- Home For Sale in Sedona, AZ
- Home For Sale in Flagstaff, AZ
- Home For Sale in Yuma, AZ
- Home For Sale in Mohave, AZ
- Home For Sale in Cochise, AZ
- Home For Sale in Yavapai, AZ
- Home For Sale in Gila, AZ
More