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Two-Unit Duplex with Alley Access

3330 L St, San Diego, CA 92102

For Sale
New
$1,095,000

Both residences are occupied, with a combined six bedrooms and three bathrooms.

Property Size2,440 SF
Days on Market4

Property Features for 3330 L St

General Information

Standard status Active
Size 2,440 SF
Property subtype Investment
Occupancy 100%

Site & Location

Neighborhood Stockton
Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Building Details

Building Size 2,440 SF
Year Built 1975
Buildings 1
Units 1
Tenancy Multi
Listing Agency: Coldwell Banker West
Listed By: Isabel Prado · License CA #02153594
Source: Elliman
Added: Nov 8 Changed: Nov 9 Last Checked: Nov 10 at 9:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker West

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two tenant-occupied residences. One offers three bedrooms and two bathrooms; the other has three bedrooms and one bathroom. The property was built in 1975 and has parking for six or more vehicles.

Located on a cul-de-sac, the property also has alley access. Walk Score is 70, Bike Score is 59, and Transit Score is 51.

Key Highlights

  • Two units: one with 3 bedrooms and 2 bathrooms, the other with 3 bedrooms and 1 bathroom
  • Both residences are tenant‑occupied
  • Parking for 6 or more vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,709
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$874,180 $874.2K
Cap Rate 7%
$624,414 $624.4K
Cap Rate 9%
$485,656 $485.7K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$65.9K $27.00/SF
− Vacancy
−$3.4K −$1.41/SF
EGI
$62.4K $25.59/SF
− OpEx
−$18.7K −$7.68/SF
NOI
$43.7K $17.91/SF
Area
San Diego, CA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$874,180
Cap Rate 7%
$624,414
Cap Rate 9%
$485,656

Alternative Uses

Best Use
Multifamily LT 5
$624.4K
$546.4K – $728.5K (±1% cap)
NOI $43,709 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$576.1K
$504.1K – $672.1K (±1% cap)
NOI $40,328 @ 7.0% cap · market cap 3.68%
Theoretical Best
Specialty Retail
$963.7K
$843.3K – $1.12M (±1% cap)
NOI $67,461 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,019
Businesses Nearby

Demographics for 92102, CA

39,783
Population
15,622
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
80%
High-School Grad
4.5 sq mi
ZIP Area
8,841
Density / Sq Mi
$71,319
Median Household Income
$40,142
Median Earnings
$1,855
Median Rent
$646,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in San Diego, CA

$951 Jul
$986 Aug
$1,030 Sep
$830 Oct

Properties on Market for Duplexes in San Diego

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied, with a combined six bedrooms and three bathrooms.
Where is this duplex located?
The property is located at 3330 L St San Diego, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two units: one with 3 bedrooms and 2 bathrooms, the other with 3 bedrooms and 1 bathroom; Both residences are tenant‑occupied; Parking for 6 or more vehicles
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