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2834 L Street, San Diego, CA 92102

$975K2bd · 1ba · 970 sqft
Lot 0 sqft•Single Family Residence•
Active
•41d on market•MLS# 8P-2606697

Property Description

DEVELOPMENT & INVESTMENT OPPORTUNITY! 2834 L Street offers an exciting opportunity for builders, developers and investors in San Diego. Currently improved with a 2-bedroom, 1-bath residence of approximately 970 square feet, the property is zoned RM-2-5 (Residential-Multiple Unit), offering potential for additional residential development. This property is being sold in its present condition. Located in the heart of Central San Diego, this home offers incredible future value.

Features & Amenities

FeeBuilt 1948

Property Details

Land Type
Fee
Year Built
1948
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Cooling
None
City
San Diego
Zip Code
92102
County
San Diego
Listed byVelocity Realty, Matthew D Lee

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,930.13
Principal & Interest
Loan Amount
$780,000
Total Interest
$994,847
Total Payment Over 30 Years
$1,774,847
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2834 L Street, San Diego, CA 92102

San Diego · Single Family Residence

$975K
Affordable Tier
Beds
2
Baths
1
Sqft
970
Lot
4,791 sqft
Year
1948
$/Sqft
$1005
Pool: No✓
Spa: No✓

Listed 35.4% above the median closed sale of $720,000. Price per sqft ($1,005) is a 19% premium to closed comps ($846). Closed comps sold at 104% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $975K· $1,005/sqft
Total list price
Closed comps
vs closed median $720K
+$255K (+35.4%)
Active comps
vs active median $980K
−$5K (−0.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,112
−$107 (−9.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3112 LunaSan Diego1954319005,100$1,089$980,0002389
3575 Waco StreetSan Diego1953218066,098$1,551$1.25M1388
5746 Streamview DriveSan Diego1951217805,800$801$625,0003188
4163 Poplar StreetSan Diego1954217923,218$883$699,0001687
4130 Vista Grande DriveSan Diego1951218067,700$1,234$995,0002287
Total: 5 · Average2.21.0816.85,583.2$1,111.6$909,80021
Median806$980,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3517 Poe StreetSan Diego194709/23/2026229573,100$1.09M$1.07M$1,1180.986890
3226 PalmSan Diego192909/29/2026219772,300$849,900$980,000$1,0031.153889
5412 Cervantes AvenueSan Diego196509/23/2026218966,164$649,900$660,000$7371.028889
5524 Streamview DriveSan Diego195009/24/2026217805,700$525,000$550,000$7051.052389
6325 Malcolm DriveSan Diego194009/15/2026211,0826,300$730,000$720,000$6650.993889
Total: 5 · Average2.01.2938.44,712.8$796,000$796,000$845.6—51
Median957$720,000$720,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.