$1,850,000
$125K PRICE DROP

3623 Louisiana St San Diego, CA 92104

North Park Neighborhood

Estimated payment $11,931/month

Total Views 4,470
6 Beds
5 Baths
2,300 Sq Ft
$804 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 $92,265

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: 92265
  • Annual Expense Actual: 29955
  • Gross Rent Multiplier Actual: 14.68
  • Gross Rent Multiplier Projected: 14.12
  • 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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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
08/07/2025 08/07/25 Price Changed $1,850,000 -6.3% $804 / Sq Ft
06/23/2025 06/23/25 For Sale $1,975,000 -- $859 / Sq Ft
Source: San Diego MLS

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See All Homes in San Diego

Source: San Diego MLS

MLS Number: 250031431

San Diego MLS

APN: 453-211-11-00

California San Diego County San Diego 92104 North Park

3623 Louisiana St, San Diego, CA

This home is located at 3623 Louisiana St, San Diego, CA 92104 and is currently priced at $1,850,000, approximately $804 per square foot. This property was built in 1919. 3623 Louisiana St is a home located in San Diego County with nearby schools including Jefferson Elementary, Roosevelt International Middle School, and Kindred Montessori.

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Listing Agent
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