2194 Franklin Ave San Diego, CA 92113
Logan Heights NeighborhoodEstimated payment $4,265/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,041
Year Built
- Built in 1968
Lot Details
- Property is Fully Fenced
Home Design
- Composition Roof
Interior Spaces
- 1-Story Property
- Window Bars
Community Details
- 2 Buildings
- 2 Units
- Logan Heights Community
Listing and Financial Details
- Assessor Parcel Number 538-190-18-00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,041 | $248,758 | $107,087 | $141,671 |
| 2024 | $3,041 | $243,882 | $104,988 | $138,894 |
| 2023 | $2,963 | $239,101 | $102,930 | $136,171 |
| 2022 | $2,884 | $234,413 | $100,912 | $133,501 |
| 2021 | $2,865 | $229,818 | $98,934 | $130,884 |
| 2020 | $2,080 | $166,462 | $97,920 | $68,542 |
| 2019 | $2,043 | $163,199 | $96,000 | $67,199 |
| 2018 | $1,840 | $153,915 | $90,539 | $63,376 |
| 2017 | $1,797 | $150,898 | $88,764 | $62,134 |
| 2016 | $1,767 | $147,940 | $87,024 | $60,916 |
| 2015 | $1,741 | $145,718 | $85,717 | $60,001 |
| 2014 | $1,715 | $142,864 | $84,038 | $58,826 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $753,000 | -- | $519 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title Sd | |
| Grant Deed | $160,000 | First American Title Company | |
| Grant Deed | $136,000 | Land America Lawyers Title | |
| Trustee Deed | $306,000 | Cr Title Services Inc | |
| Trustee Deed | $380,671 | Cr Title Services Inc | |
| Interfamily Deed Transfer | -- | Financial Title | |
| Interfamily Deed Transfer | -- | Financial Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | New Conventional | |
| Closed | $160,000 | Purchase Money Mortgage | |
| Previous Owner | $337,500 | Unknown | |
| Previous Owner | $250,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $150,000 | New Conventional |
Source: San Diego MLS
MLS Number: 250027493
APN: 538-190-18
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