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… Read More 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. Read Less
Property listed by Compass, Seth Struiksma 619-353-5799
Listing Snapshot
Days Online
26
Last Updated
Property Type
Other
Lot Size
0.12 Acres
Year Built
1926
MLS Number
250040051SD
30 Days Snapshot Of 92113
$533k
-18%
(avg) sold price
11
+10%
homes sold
63
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1926, Levels: One, 1 story, 2 buildings
Community
Gated
Cooling
WallWindowUnits
Heating
Electric, ForcedAir, SeeRemarks
Income
Net operating income: $87,900
Lot
0.1175 acres, 5,118 square feet, Size: 5,118
Pool
None
Property
Zoning: R-4:MULTIP, None
Security Features
GatedCommunity
Spa
None
Tenant Pays
Electricity, SeeRemarks
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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