$1,975,000

Estimated payment $12,914/month

Total Views 2,603
6 Beds
5 Baths
2,300 Sq Ft
$859 Price per Sq Ft

About This Home

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.

Listing Agent

Aaron Marcusmillichap

Marcus & Millichap License #01318320 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Home Design

  • Clay Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 453-211-11-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • North Park Community

Building Details

  • Net Operating Income $90,730

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Louisiana & Dwight St
  • Neighborhood: North Park
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1919
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood, Wood/Stucco
  • Roof: Tile/Clay

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: North Park
  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 453-211-11-00

Rental Info

  • Tenant Pays: Sewer, Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 90730
  • Annual Expense Actual: 31490
  • Gross Rent Multiplier Actual: 15.67
  • Gross Sched Income Actual: 126000
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $1,975,000 -- $859 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250031431

San Diego MLS

APN: 453-211-11-00