Homes for sale - 2948 50 Franklin Ave, San Diego, CA 92113

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Gilda Minaie

gildaminaie@hotmail.com +1(949) 400-9399

$ 1,150,000

Est. payment | -/mo

5,118 Sqft Lot

Save Video Tour

$ 1,150,000

Est. payment | -/mo

Save Video Tour

5,118 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 250027195SD

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 of up to $12,000 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 (2948 Franklin Unit B) 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 Unit A) 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.

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 None

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

Listed by Seth Struiksma Compass

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 400-9399

gildaminaie@hotmail.com

6 Jenner, Unit # 250, Irvine, CA, 92618

2948 50 Franklin Ave San Diego, CA 92113