3623 Louisiana St - Multi-Family FOR SALE


San Diego, CA 92104- North Park
$1,975,000 USD
858-945-7094
3623 Louisiana St, San Diego, CA for Sale
$1,975,000 USD
Multi-Family - FOR SALE
1/12
null | 4.59% Cap Rate

3623 Louisiana St
San Diego, CA 92104
North Park


HIGHLIGHTS

  • The front home, built in 2013, features generous square footage, stylish finishes, and a comfortable layout.
  • Behind it, you’ll find two more units—one brand-new construction and one recently remodeled
  • 2-bed, 2-bath front house (about 1,000 SF), a 2-bed, 2-bath unit (around 700 SF), and a 2-bed, 1-bath unit (roughly 600 SF)

OVERVIEW

Welcome to 3623–25 Louisiana Street—a modern, well-kept triplex right in the heart of San Diego’s vibrant North Park neighborhood. Sitting on a 0.12-acre lot, this unique setup includes a spacious front single-family home and a duplex in the back, offering a total of approximately 2,602 square feet of living space. The front home, built in 2013, features generous square footage, stylish finishes, and a comfortable layout. Behind it, you’ll find two more units—one brand-new construction and one recently remodeled—making this property a great fit for investors or buyers looking to live in one unit and rent the others. The property is made up of a 2-bed, 2-bath front house (about 1,000 SF), a 2-bed, 2-bath unit (around 700 SF), and a 2-bed, 1-bath unit (roughly 600 SF). This flexible mix allows for a range of rental strategies and living arrangements, offering strong income potential and excellent usability. Beyond the layout and location, the property has seen major upgrades. Think new roofs, dual-pane windows, updated plumbing and electrical throughout, a brand-new water meter, and a modern electrical panel—big-ticket items that have already been taken care of. Location-wise, it doesn’t get much better. This triplex is just steps from everything that makes North Park one of San Diego’s most desirable neighborhoods—trendy coffee spots, local breweries, restaurants, shops, and art galleries. Balboa Park and the San Diego Zoo are right nearby, and access to the 805, 8, and 163 freeways makes getting around the city a breeze.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$759 USD /SF

# OF UNITS

3

PRICE/UNIT

$658,333

CAP RATE

4.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,183 SF

ZONING

RS-1-7

APN/PARCEL ID

453-211-11

ASK ABOUT THIS PROPERTY

Aaron BoveMarcus & MillichapMore Info
858-945-7094

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Aaron BoveMarcus & MillichapMore Info
858-945-7094

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.