2948 52 Franklin Ave, Logan Heights, CA 92113

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Sold Price
$1,150,000
List Price
$1,150,000
Closing Date
Feb 17, 2026
Status
CLOSED
MLS#
250044073SD
Year Built
1926
Lot Size
5,118
Acres
0.12
Days on Market
15
Property Type
Multifamily
Stories
One Level
Neighborhood
Logan Heights

Property Description

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.

Additional Information

Pool Description
None
Heat
Electric, Forced Air, See Remarks
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$98,400

Listing courtesy of Listing Agent: Seth Struiksma (seth.struiksma@compass.com) from Listing Office: Compass.

Listing sold by Dalton Weldon from Real Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.