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.
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
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#: NDP2308986
Originating 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
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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