San Diego, CA 92113,2146 Franklin Ave Southwest #12
San Diego, CA 92113,2146 Franklin Ave Southwest #12
San Diego, CA 92113,2146 Franklin Ave Southwest #12
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$1,098,000
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3,422 Sqft Lot
Price Dropped by $2K

2146 Franklin Ave Southwest #12 San Diego, CA 92113

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

Subdivision Logan Heights

MLS Listing ID 250043012

Lot Size 3,422 Sqft

Property Sub-Type Lots/Land

Property Description

Variance Granted Lot/Land. High-growth investment opportunity in Logan Heights, ideal for Investors & Builders. This centrally located 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 Metro Central

Zoning R-4:Multip

Direction Use GPS. Commercial or S 28th to Franklin.

Interior

Fireplace No

Exterior

Fence Full, Gate

Utilities Available Sewer Available, Sewer Connected

View Y/N Yes

Water Access Desc Available,Meter on Property

View City, Evening Lights

Present Use Residential

Building

Water Available, Meter on Property

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 538-190-09-00

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA


MLS Router / San Diego MLS
Listed by Portia V Green Compass

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Museum

    Public | KG - 8

  • 9

    McKinley Elementary School

    Public | KG - 5

  • 8

    Florence Elementary School

    Public | KG - 5

  • 7

    Jefferson Elementary School

    Public | PK - 5

  • 6

    Washington Elementary School

    Public | KG - 5

  • 6

    Urban Discovery Academy Charter

    Public | KG - 8

  • 6

    Sherman Elementary School

    Public | PK - 5

  • 6

    Rowan Elementary School

    Public | KG - 5

  • 6

    John Otis Elementary School

    Public | PK - 6

  • 5

    McGill School of Success

    Public | KG - 3

  • 5

    Einstein Academy

    Public | KG - 5

  • 5

    Golden Hill School

    Public | PK - 8

  • 5

    Balboa Elementary School

    Public | PK - 5

  • 5

    Integrity Charter

    Public | KG - 8

  • 5

    Kimball Elementary School

    Public | PK - 6

  • 5

    Central Elementary School

    Public | PK - 6

  • 5

    Hamilton Elementary School

    Public | PK - 5

  • 5

    Rosa Parks Elementary School

    Public | PK - 5

  • 5

    Chollas/Mead Elementary School

    Public | PK - 5

  • 5

    Olivewood Elementary School

    Public | PK - 6

Middle Schools 9
  • 10

    Coronado Middle School

    Public | 6 - 8

  • 7

    Albert Einstein Academy Charter Middle School

    Public | 6 - 8

  • 6

    Gompers Preparatory Academy

    Public | 6 - 12

  • 5

    Roosevelt Middle School

    Public | 6 - 8

  • 5

    National City Middle School

    Public | 7 - 8

  • 4

    Memorial Prep Middle School

    Public | 6 - 8

  • 4

    Clark Middle School

    Public | 6 - 8

  • 1

    King-Chavez Preparatory Academy

    Public | 6 - 8

  • 1

    Knox Middle School

    Public | 6 - 8

High Schools 14
  • 9

    Coronado High School

    Public | 9 - 12

  • 9

    San Diego Early/Middle College

    Public | 9 - 12

  • 8

    San Diego High School of International Studies

    Public | 9 - 12

  • 6

    E3 Civic High School

    Public | 9 - 12

  • 5

    San Diego High School of Science and Technology

    Public | 9 - 12

  • 5

    Sweetwater Union High School

    Public | 9 - 12

  • 4

    King-Chavez Community High School

    Public | 9 - 12

  • 1

    San Diego High School of Business and Leadership

    Public | 9 - 12

  • 1

    Garfield High School

    Public | 9 - 12

  • 0

    Palm Academy for Learning

    Public | 9 - 12

  • 0

    San Diego High School of Media, Visual and Performing Arts

    Public | 9 - 12

  • 0

    St Augustine High School

    Private | 9 - 12

  • 0

    Brookshire International Academy

    Private | 11 - 12

  • 0

    Iftin University Preparatory High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Fernando Cota

Fernando Cota

Realtor | License ID: 01208320

+1(619) 204-6088

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2146 Franklin Ave Southwest #12