San Diego, CA 92104,3716-18 Herman Ave
San Diego, CA 92104,3716-18 Herman Ave
San Diego, CA 92104,3716-18 Herman Ave
San Diego, CA 92104,3716-18 Herman Ave
San Diego, CA 92104,3716-18 Herman Ave
San Diego, CA 92104,3716-18 Herman Ave
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$ 2,695,000
Est. payment | /mo

9 Beds

8 Baths

4,061 SqFt


$ 2,695,000
Est. payment | /mo

9 Beds

8 Baths

4,061 SqFt

Key Details

Property Type Single Family Home

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

Fireplace No

Laundry Owned

Exterior

Parking Features Carports, Garages, Spaces

View Y/N No

Roof Type Composition

Building

Dwelling Type Other/Remarks

Story 2

Others

Tax ID 453-171-08-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/250030858

MLS Router / San Diego MLS
Listed by Tami J McCraw Urban Dwellings
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 472-7262

briettaklein@gmail.com

San Diego, California, USA

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3716-18 Herman Ave