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Property for sale: 3209 L Street in San Diego

3209 L Street San Diego

Main Photo: Property for sale: 3209 L Street in San Diego
$2,995,000
Prop. Type:
2-4 Units
MLS® Num:
250031121
Status:
Active
Year Built:
2024
We are pleased to present 3209 L Street; a newly constructed 5-unit community located in the emerging Stockton neighborhood of San Diego. Built in 2024, the property features a desirable unit mix comprised entirely of 4-bedroom townhomes, averaging over 1,400 square feet. The property does NOT have any affordable or deed restricted units which are commonly found on other developments throughout the county. The project’s construction design is luxurious and contemporary with the finished product being superior in quality and kind to all other inventory within the submarket. These stunning custom homes feature plenty of natural sunlight and are appointed with premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, ample closet space, recessed lighting, HVAC systems, owned solar array, and in-unit washers and dryers. These large floorplans are ideal for workforce housing just blocks away from downtown San Diego. The Stockton neighborhood is rich in cultural heritage, and burgeoning potential, and the asset is ideally located 1.5 miles away from the heart of Downtown San Diego, a Tier-1 employment center. A new Community Master Plan was recently adopted that aims to strengthen residents and businesses in the Greater Southeast San Diego neighborhoods. Coupled with an overall well-designed economic expansion of Downtown San Diego, the new community plan will bring major positive implications in the submarket over the next few decades.
Lot Size:
4,000-7,499 SF
Number of Buildings:
1
Number of Units:
5
Year Built:
2024
Stories:
2 Story
Total Stories:
2
Market Area:
Metro Central
County:
San Diego
Neighborhood Code:
Stockton
Name of Complex/Subdivision:
NK
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
N/K
Other income:
0
Annual expense actual:
66046
Cap Rate.:
5.41
Gross Rent Multiplier:
12.74
Gross scheduled income:
235020
Unit Number for Unit 1:
4
Finished Area for Unit 1:
Switch units of measure1,438 sq. ft.
Bedrooms for Unit 1:
4
Number of bathrooms for Unit 1:
3
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
1
Deposit for Unit 1:
3850.0
Total Rent for Unit 1:
3850.0
Unit 1 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 1:
No
Unit Number for Unit 2:
1
Finished Area for Unit 2:
Switch units of measure1,318 sq. ft.
Bedrooms for Unit 2:
4
Number of bathrooms for Unit 2:
3
Full Bathrooms for Unit 2:
3
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
3950.0
Total Rent for Unit 2:
3950.0
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
No
Bedrooms for Unit 3:
0
Number of bathrooms for Unit 3:
0
Full Bathrooms for Unit 3:
0
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
0.0
Total Rent for Unit 3:
0.0
Projected Rent for Unit 3:
0.0
Unit 3 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 3:
No
Bedrooms for Unit 4:
0
Number of bathrooms for Unit 4:
0
Full Bathrooms for Unit 4:
0
Half Bathrooms for Unit 4:
0
Deposit for Unit 4:
0.0
Total Rent for Unit 4:
0.0
Unit 4 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 4:
No
32nd Street
Exterior Features:
Other/Remarks
Directions:
Please contact listing agent: Wyatt Darien (858) 373-3209 wyatt.darien@marcusmillichap.com
Cooling:
None
Additional Use:
N/K
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
0
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
0
Number of Units with Range/Oven:
0
Number of Units with Refrigerators:
0
Number of Units with Washers:
0
Roof:
Other/Remarks
Security:
N/K
Fencing:
N/K
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Other/Remarks
Parcel Number:
54533703
Listed by Marcus & Millichap
Data was last updated July 2, 2025 at 11:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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