2948-52 Franklin Ave, LOGAN HEIGHTS, CA

$1,150,000

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5

Beds

3

Baths

0.12

Acres

About 2948-52 Franklin Ave

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.

Features of 2948-52 Franklin Ave

MLS® # 250040051
Price $1,150,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Acres 0.12
Year Built 1926
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 2948-52 Franklin Ave
Area LOGAN HEIGHTS (92113)
Subdivision Logan Heights
City LOGAN HEIGHTS
County San Diego
State CA
Zip Code 92113

Amenities

Amenities Gated Community,Pet Restrictions
Utilities Sewer Connected
View N/K
Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Forced Air Unit
Cooling Wall/Window
Fireplace Yes
Stories 1 Story

Exterior

Lot Description Public Street,Rear Yd Str Access,Street Paved
Roof Other/Remarks
Construction Adobe

Additional Information

Date Listed September 26th, 2025
Days on Market 5
Zoning R-4:MULTIP
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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