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3209 L StreetSan Diego, CA 92102

For Sale

$2,895,000

Smart Buyer Rebate $28,950

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.

Listed by Austin Huffman

·

License #01981817

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Marcus & Millichap

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858-373-3100

Listed by Austin Huffman

·

License #01981817

·

Marcus & Millichap

Last updated September 11, 2025

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Source: CRMLS #250031121SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Park
  • Days on Prevu154

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$2,895,000
10/21/2025
Status changed to Removed from Feed
$2,895,000
10/18/2025
Status changed to Active
$2,895,000
10/16/2025
Status changed to Removed from Feed
$2,895,000
10/04/2025
Status changed to Active
$2,895,000
10/03/2025
Status changed to Removed from Feed
$2,895,000
09/20/2025
Status changed to Active
$2,895,000
09/19/2025
Status changed to Removed from Feed
$2,895,000
09/11/2025
Status changed to Active
$2,895,000
09/11/2025
Price Decreased
$2,895,000
09/05/2025
Status changed to Removed from Feed
$2,995,000
09/05/2025
Status changed to Active
$2,995,000
09/04/2025
Status changed to Removed from Feed
$2,995,000
09/01/2025
Status changed to Active
$2,995,000
08/29/2025
Status changed to Removed from Feed
$2,995,000
07/24/2025
Status changed to Active
$2,995,000
07/23/2025
Status changed to Removed from Feed
$2,995,000
06/28/2025
Status changed to Active
$2,995,000
06/27/2025
Status changed to Removed from Feed
$2,995,000
06/18/2025
Listed by Marcus & Millichap
$2,995,000

Property Details for 3209 L Street

Exterior

Construction

  • Number Of Units Total: 5
  • Stories: 2
  • Stories Total: 2
  • Year Built: 2024

Measurements

  • Lot Size Source: Public Records

Financial

Residential Income

  • Cap Rate: 5.64

Taxes

  • Parcel Number: 54533703

Utilities

Equipment

  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.