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Sold for $1,150,000
  • $1,150,000

    2948-52 Franklin Ave, San Diego, CA 92113

    5beds
    --sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $1,154,400 Zestimate®
    $--/sqft
    $2,887 Estimated rent

    Home value

    $1,154,400

    $1.06M - $1.26M

    $2,887/mo

    Zestimate® history
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    $2,887/mo

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    $7,490/mo

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    What's special

    New mini-split systemModern finishesEv charging stationSolar panelsFully fenced lotLarge kitchenMini-split system
    Need an investment before the end of 2025? This turnkey Logan Heights triplex is fully renovated, income-producing, and STR-ready—2 units come furnished. Ideal for investors, house hackers, or multi-gen setups. 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, this Logan Heights triplex checks all the boxes for modern, turn-key investing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Seth Struiksma DRE #01868552 714-448-4699,

    Compass

    Bought with:

    Dalton Weldon, DRE #02252515

    Real Broker

    Source: SDMLS,MLS#: 250044073MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air Unit
    Cooling
    • Wall/Window
    Interior area
    • Total structure area: 2,060

    Property

    Features
    • Levels: 1 Story
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Full,Gate,Other/Remarks
    • Has view: Yes
    • View description: N/K
    • Frontage type: N/K
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 5455012000
    • Zoning: R-4:MULTIP
    • Zoning description: R-4:MULTIP
    • Special conditions: Other/Remarks

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Adobe
    • Roof: Other/Remarks
    Condition
    • Year built: 1926

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Gated Community, Pet Restrictions
    • Security: Gated Community
    • Subdivision: LOGAN HEIGHTS
    HOA
    • Services included: N/K
    Location
    • Region: San Diego

    Financial & listing details

    • Date on market: 11/14/2025
    • Listing terms: Cash,Conventional,Exchange,VA
    • Tenant pays: Electricity, Other/Remarks

    Price history

    DateEventPrice
    2/17/2026Sold$1,150,000
    Source: SDMLS #250044073 Report a problem
    12/3/2025Pending sale$1,150,000
    Source: SDMLS #250044073 Report a problem
    11/14/2025Listed for sale$1,150,000
    Source: SDMLS #250044073 Report a problem
    11/14/2025Listing removed$1,150,000
    Source: SDMLS #250040051 Report a problem
    10/19/2025Pending sale$1,150,000
    Source: SDMLS #250040051 Report a problem
    9/26/2025Listed for sale$1,150,000
    Source: SDMLS #250040051 Report a problem
    9/15/2025Pending sale$1,150,000
    Source: SDMLS #250035718 Report a problem
    8/8/2025Listed for sale$1,150,000
    Source: SDMLS #250035718 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Logan Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,154,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,154,400