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3045 L St, San Diego, CA 92102

Commercial property · 2 recorded sales since 2012

3045 L St, San Diego, CA 92102 Sold November 2025 CRMLS
$3,065,000Sold November 2025

Listing Agent: Christopher Sarver (DRE #01886309) · Listing Office: Acre Investment Real Estate · Contact: 760-809-3626 · Bought with: Raymond Choi · MLS #250024761SD · Source: CRMLS

10
Units
4.94%
Cap Rate
14,739 sqft
Lot Size
RM-3-7
Zoning
Commercial property
Type

About this commercial property

The L Street Apartments, a 10-unit asset plus two buildable adjacent parcels located 2 miles from Petco Park and 1.5 miles from the Coronado Bridge in Grant Hill. The property features four 3bed/2bath and six 2bed/1bath units totaling approximately 9,058 square feet. Five units have been recently upgraded with new flooring, appliances, and vanities. Community amenities include a gated courtyard, on-site laundry, 10 off-street parking spaces, upgraded windows, and secure steel fencing with controlled access. The exterior features fresh paint and low-maintenance desert landscaping. All three contiguous parcels are located in Tier 3 CCP, Transit Priority Area, and Opportunity Zone. Combined lot size is approximately 14,739 SF, with the two vacant parcels totaling 7,614 SF. The site offers a 6.5 FAR and a 40-foot height limit, allowing for significant development potential. The adjacent 4BR/2BA SFR at 3035 L Street MLS: 250024642 is also available. Combined 20,320 SF lot.

Listing description from the November 2025 sale, as reported to CRMLS.

Sale history

$3,065,000
Sold November 2025 · listed $3,100,000, on market April 2025 · MLS #250024761SD · Source: CRMLS
Listing Agent: Christopher Sarver · Listing Office: Acre Investment Real Estate · Contact: 760-809-3626 · Bought with: Raymond Choi
$960,000
Sold June 2012 · listed $1,040,000, on market March 2012 · MLS #120013930 · Source: CRMLS
Listing Agent: Chris Robinson · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: Chris Robinson · Acre Investment Real Estate
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