3623–25 Louisiana Street, San Diego, CA, 92104
Price
$1,975,000
Price Per Unit
$658,333
Price Per Square Foot
$759.03
CAP Rate
4.59%
Units
3 Units
Building Square Feet
2,602 SF
Lot Size
0.12 Acres
Year Built
1919/2013/2025
APN
453-211-11-00
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 ap-proximately 2,602 square feet of living space. The front home, built in 2013, features generous square footage, stylish finishes, and a com-fortable 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 strate-gies and living arrangements, offering strong income potential and excellent usability.
Beyond the layout and location, the property has seen major up-grades. Think new roofs, dual-pane windows, updated plumbing and electrical throughout, a brand-new water meter, and a mod-ern 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.
Listed By:
Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 945-7094