Joe McLaughlin / Broker Associate
619-980-5101 joe@HomesofSanDiego.com
My Office Listings
- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 250027493
- Year Built:
- 1968
- Photos (29)
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Variance granted 2-4 Units. Investment opportunity awaits on this income producing property or multigenerational home located on a corner lot featuring 2 units near downtown. The 3 bed, 1.5 bath, 970 sq ft main house (2194 Franklin Ave) features a large kitchen, dining room, fully fenced turf front yard & an oversized attached 283 sq ft 1 car garage w/ laundry. As per the permitted plans, the ADU consists of a 1 bed, 1 bath 481 sq ft unit approved in 2020. The remodeled ADU has its own address (254 Sampson St) with a private entrance and a private patio. Upgrades in the ADU include dual pane windows, recessed lighting, & a remodeled bathroom. Both units are currently rented on a month to month term. Main house is rented for $2,950 per month (utilities are not included) & the ADU is rented for $2,200 per month (utilities are included). Possibility to live in 1 & rent the other. Enjoy the opportunity this investment offers centrally located close to downtown, Coronado, & Balboa Park w/ San Diego skyline views from the street.
- Lot Size:
- 1-3,999 SF
- Number of Buildings:
- 2
- Number of Units:
- 2
- Year Built:
- 1968
- Stories:
- 1 Story
- Total Stories:
- 1
- Market Area:
- Metro Central
- Community:
- LOGAN HEIGHTS
- County:
- San Diego
- Neighborhood Code:
- Logan Heights
- Name of Complex/Subdivision:
- Logan Heights
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 0.0
- Other Fees:
- 0.0
- Tenant pays:
- Water, Cable TV, Electricity
- Other income:
- 0
- Annual expense actual:
- 0
- Cap Rate.:
- 0.0
- Gross Rent Multiplier:
- 0.0
- Gross scheduled income:
- 0
- Finished Area for Unit 1:
- 970 sq. ft.
- Bedrooms for Unit 1:
- 3
- Number of bathrooms for Unit 1:
- 2
- Full Bathrooms for Unit 1:
- 2
- Half Bathrooms for Unit 1:
- 0
- Deposit for Unit 1:
- 2950.0
- Total Rent for Unit 1:
- 2950.0
- Projected Rent for Unit 1:
- 3500.0
- Total Garage Spaces for Unit 1:
- 1
- Unit 1 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 1:
- Yes
- Finished Area for Unit 2:
- 481 sq. ft.
- Bedrooms for Unit 2:
- 1
- Number of bathrooms for Unit 2:
- 1
- Full Bathrooms for Unit 2:
- 1
- Half Bathrooms for Unit 2:
- 0
- Deposit for Unit 2:
- 2200.0
- Total Rent for Unit 2:
- 2200.0
- Projected Rent for Unit 2:
- 2200.0
- Total Garage Spaces for Unit 2:
- 0
- Unit 2 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 2:
- No
- Number of bathrooms for Unit 3:
- 0
- Number of bathrooms for Unit 4:
- 0
- Sampson St.
- Exterior Features:
- Wood/Stucco
- Cooling:
- None
- Number of Units with Cooling:
- 0
- Number of Units with Dishwashers:
- 0
- Number of Units with Dryers:
- 1
- Number of Units with Fireplaces:
- 0
- Number of Furnished Units:
- 0
- Number of Units with Garages:
- 1
- Number of Units with Patios:
- 0
- Number of Units with Range/Oven:
- 2
- Number of Units with Refrigerators:
- 2
- Number of Units with Washers:
- 1
- Roof:
- Composition
- Sewer Septic:
- Sewer Connected
- Security:
- Security Bars
- Fencing:
- Full
- Short Sale:
- No
- Listing Type:
- Exclusive Right (R)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash, Conventional, FHA, VA
- Parcel Number:
- 538-190-18-00
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Data was last updated May 17, 2025 at 01:10 AM (UTC)
Area Statistics
- Listings on market:
- 33
- Avg list price:
- $1,100,000
- Min list price:
- $625,000
- Max list price:
- $4,350,000
- Avg days on market:
- 52
- Min days on market:
- 1
- Max days on market:
- 287
- Avg price per sq.ft.:
- $158.35
These statistics are generated based on the current listing's property type
and located in
Metro Central. Average values are
derived using median calculations.
- Layne Harrison
- Compass
- 619-861-5263
- 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.
About Me
I make myself available at all times. My web site is here to help you 24 hours a day. When you are ready to see a listing in person, or just have a simple question, please dont hesitate to contact me!
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Direct: 619-980-5101
7863 Girard Ave #208/210, La Jolla, CA, 92037, US
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.