Turnkey and income-producing, this fully renovated and furnished triplex in Logan Heights offers an exceptional investment opportunity with projected short-term rental income of up to $12k-15k per 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 owned 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.
Property Details
Price:
$1,150,000
MLS #:
250035718SD
Status:
Active
Baths:
0
Type:
Residential Income
Subdivision:
Logan Heights
Neighborhood:
92113loganheights
Listed Date:
Aug 7, 2025
Lot Size:
5,118 sqft / 0.12 acres (approx)
Year Built:
1926
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
Electric, See Remarks, Forced Air
Exterior
Parking Spots
0.00
Security Features
Gated Community
Financial
Map
Community
- Address2948 Franklin Ave San Diego CA
- Neighborhood92113 – Logan Heights
- SubdivisionLogan Heights
- CitySan Diego
- CountySan Diego
- Zip Code92113
Subdivisions in San Diego
- Bay Park
- Bayside BS
- Bonita
- Bonsall
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casablanca CSB
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- College Grove
- Coronado Shores
- Coronado Village
- Crown Point
- Crown Point CP
- Del Cerro
- Del Mar
- Downtown
- DWTN
- East Del Mar
- East San Diego
- East Village 400
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Costa
- La Jolla
- La Mesa
- Lemon Grove
- Linda Vista
- Logan Heights
- Marbella MB
- Middletown
- Mira Mesa
- Mission Beach
- Mission Greens R1 MG
- Mission Hills
- Mission Valley
- Mission Village
- Normal Heights
- North Park
- Ocean Beach
- Old Town
- olive street
- Pacific Beach
- Paradise Hills
- Park Villas South
- PL
- Point Loma
- Poway
- Presidio PRES
- Promontory PROM
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- RB
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- SBS
- Scripps Ranch
- SD
- Serra Mesa
- Solana Beach
- Sonoma Tract 8 1118
- South Sd
- Spinnaker Point SPINP
- Spring Valley
- Stonebridge 3700
- Talmadge
- The Cottages COTT
- Tierrasanta
- Torrey Highlands
- UC
- University City
- University Heights
Market Summary
Current real estate data for Residential Income in San Diego as of Oct 21, 2025
181
Residential Income Listed
172
Avg DOM
$1,827,366
Avg List Price
Property Summary
- Located in the Logan Heights subdivision, 2948 Franklin Ave San Diego CA is a Residential Income for sale in San Diego, CA, 92113. It is listed for $1,150,000
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