3373 3379 1/2 Herman Avenue, San Diego, CA 92104
Property
Sold April 2024
Listing Agent: Noel Wheeler (DRE #01373389) · Listing Office: Compass · Contact: noel.wheeler@compass.com · Bought with: John Selby · Compass · MLS #NDP2308986 · Source: CRMLS
About this property
This impressive property, located in a Transit Priority Area in San Diego's desirable North Park neighborhood, features 5 updated units across 2 structures, 2 car garage on a 6,250 sqft lot with alley access. The Craftsman duplex offers a 2+ bed, 2 ba unit and a charming 1 bed, 1 bath with shared laundry. The 1950s 3-unit apartment building includes two 2 bed, 1 bath units and one 1 bed, 1 bath, along with a 2-car garage and community laundry. Improvements include: sewer, roofs, HVAC systems, water heater, foundation, electrical, and flooring. With current rents below market, there is potential for over $15k in gross rents once stabilized. Additional development and revenue opportunities with potential garage conversion, making it an excellent investment opportunity. North Park is centrally located to major freeways, Coronado, downtown San Diego, Balboa Park and beaches make it a highly sought-after area for both residents and investors.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history