3716-18 Herman Ave Pending Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92104
Key Details
Property Type Single Family Home, Condo
Sub Type Com-Res Income
Listing Status Pending
Purchase Type For Sale
Square Footage 4,061 sqft
Price per Sqft $663
MLS Listing ID 250030858
Bedrooms 9
Property Sub-Type Com-Res Income
Property Description
3716-18 Herman Ave is a turn-key 5-unit multifamily asset located in the high-demand neighborhood of North Park. Currently generating $16,250 per month in gross rents this fully stabilized investment offers zero deferred maintenance and minimal monthly maintenance, appealing to the busy investor seeking a modern, well-performing asset for years to come. This trophy property consists of a detached 3BD/2BA single-family Craftsman home, a newly built 2-story 2-plex (2024) consisting of (2) 2BD/2BA units and (2) 1BR/1BA units (one is an ADU). All units are immaculate featuring modern finishes and conveniences. Tenants enjoy open-concept floor plans, in-unit laundry, stainless steel appliances, air conditioning (mini splits and central HVAC), LVP flooring, gated entry, and assigned parking. Landlords will enjoy tankless water heaters, individual SDGE meters, one water meter that is submetered, owned solar, and low-maintenance landscaping. The main home consists of 3 BR's and 2 BA's with a freshly painted interior and exterior. The prior owner did an extensive renovation in 2020 which included a new foundation system, new roof, and interior remodel. Features include box ceilings in the living & dining room, open-concept living, renovated bathrooms, a private side yard, in-unit laundry, HVAC, and a driveway for off-street parking. 3 one car garages & 2 parking spaces are an added value for tenants seeking off-street parking. With a Walk score of 96, Herman Ave is a location that consistently drives tenant demand.
Location
State CA
County San Diego
Area Metro Uptown
Zoning R-3:RESTRI
Interior
Heating Wall,Other/Remarks
Cooling Wall/Window,Other
Flooring Other/Remarks
Laundry Owned
Exterior
Parking Features Carports,Garages,Spaces
View Y/N No
Roof Type Composition
Building
Dwelling Type Other/Remarks
Story 2
Others
Virtual Tour https://www.propertypanorama.com/instaview/snd/250030858