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My Office Listings
Oct 25, 2025
12:00 PM
-
02:00 PM
PDT
2146 Southwest Franklin Ave
Metro Central
San Diego
92113
$1,100,000
Residential Income
beds: 5
baths: 5.0
0 sq. ft.
built: 2023
Open House
-
Oct 25, 2025
12:00 PM
-
02:00 PM
PDT
NOTES: Open House on Saturday, October 25, 2025 12:00PM - 2:00PM
Open House
-
Oct 26, 2025
12:00 PM
-
02:00 PM
PDT
NOTES: Open House on Sunday, October 26, 2025 12:00PM - 2:00PM
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 250042199
- Bedrooms:
- 5
- Bathrooms:
- 5
- Year Built:
- 2023
- Photos (50)
- Schedule / Email
- Send listing
- Mortgage calculator
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High-growth investment opportunity in Logan Heights, ideal for Investors & Builders. This centrally located dual-frontage property with alley access and gated parking on a level 3,422SF lot zoned RM-2-5 offers pre-approved plans for the construction of a detached ADU duplex, providing accelerated rental income potential. Currently, there is a completely remodeled turnkey 3BR/2.5BA detached 1,440SF home on the premises, with an estimated market rental value of $4,995 per month. The main house was fully rebuilt from the foundation up in 2023, retaining the original 1919 footprint. Eligible for Short-Term Residential Occupancy (STRO) licensing and Transient Occupancy Tax (TOT) registration, Buyer to confirm. The pre-approved plans, designed by SnapADU, include one detached duplex with two 1/1 units measuring ~400SF each to maximize density at three (3) rentable units on the premises. With these additions, the projected total rent after construction is up to $9,995 per month, adding two new income streams and supporting strong multi-unit cash flow. To bring this vision to life, leverage key bonus programs in place at this site by tapping into the Transit Area Overlay (TAO) and Transit Priority Area (TPA), Opportunity Zone and Promise Zone, Airport Influence Area (AIA), and Complete Communities Plan (Tier 3) unlocking ADU bonuses, transit-oriented development (TOD) density, parking relief, and fast track approvals.
- Property Sub Type:
- Res Income 2-4 Units
- Number of Buildings:
- 2
- County Or Parish:
- San Diego
- Market Area:
- Metro Central
- Neighborhood Code:
- Logan Heights
- Name of Complex/Subdivision:
- LOGAN HEIGHTS
- Building Name:
- 2146 Franklin
- Total Building Area:
- 2,240 sq. ft.208 m2
- Total Floor Area:
- 0 sq. ft.0 m2
- Total Bedrooms:
- 5
- Bathrooms:
- 5
- Full Bathrooms:
- 4
- Half Bathrooms:
- 1
- Stories:
- 2 Story
- Total Stories:
- 2
- Year Built:
- 2023
- Age (in years):
- 2 year(s)2 year(s)
- Short Sale:
- false
- Home Owner Fees:
- $0
- Home Owner Fees Include:
- N/K
- Mello Roos Fee:
- $0
- Other Fees:
- $0
- Other Fee Type:
- N/K
- Monthly Total Fees:
- $0
- Terms:
- Cash, Conventional
- Cap Rate.:
- 4.0
- Gross scheduled income:
- 59940.0
- Other income actual:
- 0
- Operating expense:
- 14985.0
- Number of Units:
- 3
- Number of Units with Cooling:
- 1
- Tenant pays:
- Other/Remarks
- Projected Rent for Unit 1:
- $4,995
- Projected Rent for Unit 2:
- $2,500
- Projected Rent for Unit 3:
- $2,500
- Use GPS. Commercial or S 28th to Franklin.
- Elementary School District:
- San Diego Unified School Distric
- Junior High School District:
- San Diego Unified School Distric
- High School District:
- San Diego Unified School Distric
- Site Influences:
- Alley Access, Curbs, Public Street, Sidewalks, Street Paved
- View:
- City
- Special Listing Conditions:
- N/K
- Age Restrictions:
- N/K
- Miscellaneous:
- Value in Land
- Construction Material:
- Stucco
- Lot Size:
- 3,485 sq. ft.324 m2
- Parcel Number:
- 538-190-09-00
- Heating:
- Wall/Gravity
- Heating fuel:
- Electric
- Cooling:
- Wall/Window
- Utilities:
- Sewer Connected
- Pool Features:
- N/K
- Spa Features:
- N/K
- Roof:
- Composition
- Security:
- Other/Remarks
- Telecommunications:
- Wired High Speed Internet
- Water supply:
- Meter on Property
- Irrigation:
- N/K
- Pets Allowed:
- Yes
- Zoning:
- R-4:Multip
- Fencing:
- Full, Gate
- Jurisdiction:
- Incorporated
- Possession Details:
- Close of Escrow
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Listed by Compass
Data was last updated October 24, 2025 at 09:10 PM (UTC)
Area Statistics
- Listings on market:
- 71
- Avg list price:
- $1,550,000
- Min list price:
- $735,000
- Max list price:
- $18,900,000
- Avg days on market:
- 50
- Min days on market:
- 1
- Max days on market:
- 1,345
These statistics are generated based on the current listing's property type
and located in
Metro Central. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- ANTOINETTE EMBRY
- Compass
- 1 (619) 504-9979
- Contact by Email
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2025 San Diego Multiple Listing Service, Inc.


