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3716-18 Herman Ave, 
San Diego, CA 92104

$2,695,000


Bed


1

Bath


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Tami J Mccraw

Urban Dwellings

Last updated:

June 19, 2025, 01:56 PM

MLS#

250030865

Source:

SANDICOR

About This Home

3716-18 Herman Ave

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.

Home Facts

Multi-Family

1 Bath

Built in 2011

Price Summary

2,695,000

MLS #:

250030865

Last Updated:

June 19, 2025, 01:56 PM

Added:

3 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

1


Structure

Structure

Year Built:

2011


Lot

Lot Size (Sq. Ft):

6,265


Finances & Disclosures

Finances

Price:

$2,695,000

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