2146 Franklin Ave, San Diego, California 92113, San Diego, - bed, bath

home-pic
ACTIVE$1,100,000
2146 Franklin Ave, San Diego, California 92113
3Beds
3Baths
1,440Sqft
3,422Lot
Year Built
2023
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250042187SD
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Versatile newer construction home with ADU-potential for comfortable living or rent-ready income. This move-in ready detached house was completely rebuilt from the foundation up in 2023, retaining the original 1919 footprint with generous natural light. Upgraded quartz kitchen features an oversized island with seating, built-in storage, pendant lights & stainless steel appliances. Modern baths include primary on main floor with a large walk-in shower, designer tile, and LED mirrors, plus sleek matte-black fixtures. Covered front porch leads to a large, fully fenced backyard with double gate off alley. Gated 4+ car parking plus ample off-street parking. Centrally located with easy access to Downtown, schools, shops & freeways. This strategic location in Logan Heights grants immediate access to major hubs, supported by nearby MTS transit plus central freeways I-5, SR-94, and I-15 for rapid mobility to Downtown San Diego, Petco Park, Balboa Park, Naval Base San Diego, and Naval Air Station (NAS) North Island via Coronado Bridge, with amenity-rich arts & waterfront districts proximate. This versatile property also provides potential tax incentives for savvy investors with ADU potential. 2146 Franklin delivers comfort, function, and opportunity all in one. 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.

Nearby schools

3/10
Burbank Elementary School
Public,K-50.3mi
3/10
Kimbrough Elementary School
Public,K-50.4mi
5/10
Sherman Elementary School
Public,K-50.6mi
4/10
Rodriguez Elementary School
Public,K-50.6mi
3/10
Emerson/Bandini Elementary School
Public,K-61.1mi
4/10
Logan K-8
Public,K-80.3mi
3/10
Memorial Scholars & Athletes School
Public,6-80.5mi
3/10
Perkins Elementary School
Public,K-80.8mi
5/10
Roosevelt International Middle School
Public,6-82.6mi

Price History

Date
Event
Price
10/23/25
Listing
$1,100,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (50 Listings)
Beds33
50%
Baths32
76%
Square foot1,4401,104
80%
Lot Size3,4225,181
27%
Price$1.1M$680K
96%
Price per square foot$764$593
86%
Built year20231956
96%
HOA
Days on market13171
2%
Condition Rating
Excellent

This property was completely rebuilt from the foundation up in 2023, making it essentially a new construction. The kitchen boasts upgraded quartz countertops, an oversized island, stainless steel appliances, and modern cabinetry with a stylish herringbone tile backsplash. Bathrooms are equally modern with large walk-in showers, designer tile, LED mirrors, and sleek matte-black fixtures. All components, including flooring, light fixtures, and cooling/heating systems (mini-splits), are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential & ADU Development: This property offers significant investment upside with pre-approved plans for a detached ADU duplex, projected to generate up to $9,995/month total rent, leveraging high-growth opportunities and tax incentives.
Brand New Construction (2023 Rebuild): Completely rebuilt from the foundation up in 2023, the main house provides modern systems, finishes, and the peace of mind of new construction with minimal immediate maintenance.
Strategic & Transit-Oriented Location: Centrally located in Logan Heights, offering immediate access to Downtown San Diego, major freeways (I-5, SR-94, I-15), MTS transit, and key attractions, further enhanced by transit-oriented development bonuses.
Modern & Upgraded Interior Finishes: The main house features an upgraded quartz kitchen with an oversized island and stainless steel appliances, along with modern baths showcasing designer tiles and sleek matte-black fixtures.
Ample Gated Parking & Fenced Backyard: Provides secure, gated 4+ car parking off an alley, plus a large, fully fenced backyard, adding significant utility, privacy, and convenience.

Cons

Additional Investment & Construction Required: Realizing the full income potential from the ADU duplex necessitates substantial additional investment and managing a construction project, which is not included in the current purchase price.
Relatively Small Lot for High Density: The 3,422 sqft lot, while functional, will become quite dense with a main house and a detached duplex ADU, potentially limiting private outdoor space and increasing congestion.
No Mention of Central Air Conditioning: The property description does not explicitly state the presence of a central cooling system, which could be a comfort concern during San Diego's warmer months.

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