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48 L stSan Diego, CA 92102

For Sale

$1,149,000

Smart Buyer Rebate $11,490

Exceptional opportunity to acquire a fully remodeled, income-producing 3 unit property blending historic charm with modern updates. Ideal for investors seeking stable in-place income or owner occupants looking to offset expenses. Upside potential. Large 6929sf lot. Units have been thoughtfully updated with high quality, custom finishes. Private yards and upstairs unit features views to Coronado. Turnkey condition, including newer plumbing, electrical and roof (last 10 years) and minisplit AC/heating in two of the units just added. This asset is fully tenant occupied providing immediate cash flow. Short term rental friendly area. Current rental income is $82,260. Zoned RM 3-7. 1 mile to downtown. Please do not disturb tenants Custom and vintage lighting in downstairs unit including built-ins and office closet in dining room area. All one touch with dimmers. Secure storage areas and sheds for units 2 and 3. Off street secure parking for back house. Street parking for front duplex. May be possible to add additional unit/units - buyer to verify

Listed by Lisa Bohlken

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License #01889698

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Keller Williams San Diego Metro

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619-890-3945

Last updated April 30, 2026

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Source: CRMLS #260008213SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Park
  • Days on Prevu23

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/29/2026
Price Decreased
$1,149,000
04/08/2026
Listed by Keller Williams San Diego Metro
$1,189,000

Property Details for 48 L st

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Composition
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1928

Measurements

  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,929
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,929
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.8

Taxes

  • Parcel Number: 5453012300

Interior

Features

  • Appliances: Gas Water Heater, Tankless Water Heater
  • Spa: Yes

Other

Location

  • Subdivision Name: Logan Heights

Utilities

Equipment

  • Cooling: Zoned
  • Has Cooling: Yes
  • Heating: Natural Gas, See Remarks
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 48 L st.

How does 48 L st compare to other multi-family homes in Central Park?

This multi-family home is listed 18% below the average price for multi-family homes in Central Park and has been on the market for 36 less days than the typical home in this area.

48 L st is a -bedroom multi-family home for sale in San Diego CA 92102. On Prevu for 23 days at $1,149,000. This includes a recent price decrease of $40,000. This home is located in San Diego. The median listing price for multi-family homes in this area is $1,399,900. The home offers parking. View other multi-family home listings in San Diego.

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.