3362-66 Herman Ave, San Diego, CA 92104

San Diego
Local realty services provided by:ERA Donahoe Realty
3362-66 Herman Ave,San Diego, CA 92104
$1,520,000
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: lydell s fleming
Office: compass
MLS#:260006790
Source:San Diego MLS via CRMLS

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Price summary

  • Price:$1,520,000

About this home

Rare 3-Unit Turnkey Investment in the Heart of North Park! Discover an exceptional multi-family opportunity on coveted Herman Ave. These three individual units have been meticulously maintained and offer a perfect blend of immediate cash flow and future upside, featuring $135,000 in recent comprehensive upgrades. Positioned in one of San Diego’s highest-demand rental markets, this property is ideal for 1031 exchange buyers, portfolio builders, or owner-occupants looking to live for free while collecting premium rents. INCOME & POTENTIAL: Unit 1: Rented at $2,450/mo. Unit 2: Rented at $3,200/mo. Unit 3: Currently available—perfect for an owner-occupant or an additional $2,825/mo in projected rent. Total Potential Gross Income: $101,700/year. Cap Rate: 3.2% current / 4.8% pro-forma. UPGRADES & CONDITION: With $135k invested in repairs and modern improvements, this asset is truly "plug-and-play" with zero deferred maintenance. Enjoy peace of mind with updated systems, stylish...

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Home facts

  • Year built:1928
  • Listing ID #:260006790
  • Added:56 day(s) ago
  • Updated:May 19, 2026 at 06:34 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Roof:Composition
  • Year built:1928
  • Construction Materials:Stucco
  • Levels:1 Story

Utilities

  • Water:Meter on Property
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,520,000
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