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Jim Nelson

nelsonriddle@cbwhomes.com +1(619) 415-5574

$ 1,100,000

Est. payment -/mo

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2146 Franklin Ave San Diego, CA 92113

3 Beds

3 Baths

1,440 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $763

Subdivision Logan Heights

MLS Listing ID 250042187SD

Bedrooms 3

Full Baths 2

Half Baths 1

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 2023

Property Sub-Type Single Family Residence

Property Description

Versatile newer construction home with ADU-potential for comfortable living or rent-ready income. Built in 1919 and fully remodeled in 2023, this move-in ready 3BR home opens to a spacious light-filled living room with gleaming hardwood floors and a great open layout that allows generous natural light to shine through. The welcoming covered front porch makes a charming entrance that feels warm and inviting. Bright modern floorplan flows into updated eat-in kitchen with sparkling quartz counters, stainless appliances, oversized island bar, modern cabinetry, pendant lights, and glazed tile backsplash. Tucked beneath the staircase is a deep alcove, perfect for extra storage or creative space. Primary bedroom on main floor with walk-in shower ensuite. This spacious entry-level bedroom features large walk-in closet with modular storage & spa-like ensuite with glazed tile shower, sleek matte-black hardware, and backlit LED mirrors. Two more bedrooms upstairs with full bath and laundry room. Back entrance off the kitchen provides quick everyday access from the driveway, and includes a handy half bathroom for guests between the kitchen and backyard. Very large level outdoor space is ready for grilling, gardening, or relaxing. The big backyard allows for easy entertaining on the patio. Zoned RM-2-5, the property comes with pre-approved plans for an ADU duplex, adding flexible options for rental income, multigenerational living, or expanded living space. Gated 4+ car parking with double gate off alley, plus ample off-street parking. Great location near schools, shops, and parks. 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.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning RM-2-5

Interior

Interior Features Dry Bar, Eat-in Kitchen, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, Unfurnished, Main Level Primary, Walk-In Pantry, Walk-In Closet(s)

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Laminate, Stone, Tile, Wood

Fireplace No

Appliance Dishwasher, Electric Water Heater, Gas Cooking, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Upper Level

Exterior

Parking Features Concrete, Carport, Driveway, Garage, Gated, On Site, Other, One Space, On Street, Tandem

Fence Chain Link, Wood

Pool None

Utilities Available Cable Available, Natural Gas Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Asphalt,Shingle

Accessibility Parking

Porch Concrete, Covered, Front Porch, Open, Patio

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level Two

Water Public

Architectural Style Contemporary, Craftsman, Modern

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 5381900900

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Portia Green Compass

Jim Nelson

Agent | License ID: 01852936

+1(619) 415-5574

Jim Nelson

2146 Franklin Ave San Diego, CA 92113

Key Details

Location

Interior

Exterior

Building

Others

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2146 Franklin Ave