2948 Franklin Ave
San Diego, CA, 92113
$1,150,000
Beds
0 Baths
SqFt
0.12 Acres
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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
92113loganheightsLogan Heights

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Interior

Cooling
Wall/Window Unit(s)
Heating
Electric, See Remarks, Forced Air

Exterior

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0.00
Security Features
Gated Community

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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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