Sold

3373 Herman Avenue

North Park CA, 92104

$2,425,000


Sold

Multi-family

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.

NDP2308986

MLS ID

November 21, 2023

Listed

April 6, 2024

Updated

Map

3373 Herman Avenue
North Park CA, 92104

Interior Features

Total Stories

2


Appliances

Range/Oven, Refrigerator, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Composition

Other Property Details

Days on Market

83


Garage

No


View

No


County

San Diego


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/6/2024

Sold

$2,425,000

2/17/2024

Pending

1/5/2024

Price Change

$2,600,000

-11%

Listed by Compass, Noel Wheeler,
Listing Contact: 619-890-2877 

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