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2855 Franklin Ave1 / 38 · Click to zoom

About this home

First time on the market since it was built, this well-maintained 4 bedroom plus permitted bonus room, 2 bath home sits on a large 6,932 sq ft lot and offers flexibility for first-time buyers, move-up buyers, multi-generational living, or smart long-term investment. The open and inviting living area is filled with natural light, creating a bright and comfortable feel from the moment you walk in. The home has been thoughtfully updated with new paint, carpet, light fixtures, and dual pane windows. Many major components have already been handled, including a new water heater in 2026, roof in 2024, HVAC and windows in 2016, and kitchen and bath updates around 2012. One of the biggest highlights is the permitted garage conversion with soaring ceilings and its own separate entrance. This space opens up so many possibilities, including an ADU-style setup, extra living area, game room, office, guest room, bedroom, or combination flex space that evolves with your needs. Outside, enjoy a welcoming front lawn, large driveway, covered patio, spacious backyard, two sheds, and alley access with an additional driveway. Located in a Sustainable Development Area and Opportunity Zone, the property may offer future ADU and investment upside. Close to Barrio Logan's restaurants, breweries, and galleries while still offering easy access to Downtown, Petco Park, major freeways, transit, and the San Diego waterfront.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
📋 Assessed value$77,591
💵 Annual tax$1,424
🏫 School districtSan Diego City Unified School District

MLS #260012927SD

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$5,006
Principal & interest$4,040
Property tax$732
Home insurance$233
Down payment: $159,800Loan: $639,200

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.