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.
Sold for $2,690,000 on 07/07/25
$2,690,000
3716-18 Herman Ave, San Diego, CA 92104
9beds
8baths
4,061sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$662/sqft
$4,432 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 10:53am
Listed by:
Tami J McCraw DRE #01435258 619-884-9640,
Urban Dwellings
Bought with:
Ivan Valenzuela, DRE #02008509
LPT Realty,Inc
Source: SDMLS,MLS#: 250030858
Originating MLS: San Diego Association of REALTOR

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
Heating
- Wall, Other/Remarks
Cooling
- Wall/Window, Other
Appliances
- Laundry: Owned
Features
- Flooring: Other/Remarks
Interior area
- Total structure area: 4,061
- Total interior livable area: 4,061 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carports, Garages, Spaces
- Has garage: Yes
Features
- Levels: 1 Story,2 Story
- Stories: 2
Lot
- Size: 6,098 sqft
Details
- Parcel number: 4531710800
- Zoning: R-3:RESTRI
- Zoning description: R-3:RESTRI
- Special conditions: N/K
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Front Sprinklers, Part Fenced, Wood Fence
- Roof: Composition
Community & neighborhood
Location
- Region: San Diego
HOA & financial
Other financial information
- Total actual rent: 16250
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Submit,Other/Remarks