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3623 Louisiana Street

San Diego, CA 92104
  • $1,975,000
  • STATUS: ACTIVE
  • ON SITE: 15 Days
  • ID#: 250031431
UPDATED: 12 min ago
$1,975,000
  • 6
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,300
    SQFT
  • $859
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1919
County:

School Ratings & Info

Description

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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/165205219
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3623 Louisiana Street San Diego, CA 92104

  • Price: $1,975,000
  • Status: ACTIVE
  • On Site: 15 Days
  • Updated: 12 min ago
  • ID#: 250031431
6
Beds
5
Baths
0
½ Baths
N/A
Acres
2,300
SQFT
$859
$/SQFT
1919
Built
Neighborhood:
North Park
County:
San Diego
Area:
North Park (92104)
Property Description
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.
Exterior Features

Exterior StuccoWoodWood/Stucco Fencing N/K Roof Tile/Clay Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

Interior Features

Cooling Central Forced Air Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3

Property Features

Actual Cap Rate 4.59 Age Restrictions N/K Annual Expense Actual 31490 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community NORTH PARK Complex Park North Park Cross Streets Louisiana & Dwight St Gross Rent Multiplier Actual 15.67 Gross Scheduled Income Actual 126000 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays SewerWaterCable TVElectricityGas/Propane Terms CashConventionalExchangeFHAVA Unit Number For Unit1 3623 Unit Number For Unit2 3625 Unit Number For Unit3 3627 Unit1 Deposit 3800 Unit1 Occupied Vacant Unit1 Projected Rent 3952.0 Unit1 Rent Actual 3800.0 Unit2 Deposit 3400 Unit2 Occupied Vacant Unit2 Projected Rent 3536.0 Unit2 Rent Actual 3400.0 Unit3 Deposit 3300 Unit3 Occupied Vacant Unit3 Projected Rent 3432 Unit3 Rent Actual 3300.0

San Diego MLS logo Listing provided courtesy of Aaron Bove of Marcus & Millichap: 858-945-7094. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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