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Sold for $2,425,000 on 04/05/24
  • Listing Provided by: 

    Noel Wheeler DRE #01373389 noel.wheeler@compass.com,

    Compass

    $2,425,000

    3373 3379 1/2 Herman Ave, San Diego, CA 92104

    --beds
    --baths
    3,912sqft
    Multi Family
    Built in 1912
    -- sqft lot
    $2,354,800 Zestimate®
    $620/sqft
    $4,123 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2024 at 07:19pm

    Listing Provided by:

    Noel Wheeler DRE #01373389 noel.wheeler@compass.com,

    Compass

    Bought with:

    John Selby, DRE #01772626

    Compass

    Source: CRMLS,MLS#: NDP2308986MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Heating
    • Ductless, Wall Furnace
    Cooling
    • Ductless, Heat Pump
    Appliances
    • Laundry: Common Area, In Garage
    Features
    • Flooring: Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,912
    • Total interior livable area: 3,912 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Single, Driveway, Garage
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Entry location: 1
    • Pool features: None
    • Fencing: Partial,Wood
    Lot
    • Size: 6,250 sqft
    • Features: Garden, Level, Rectangular Lot
    Details
    • Parcel number: 4535020300
    • Zoning: RS-1-7
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Electric: Electricity - On Property
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: San Diego

    HOA & financial

    Other financial information
    • Total actual rent: 138000

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $2,354,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,354,800