3716 18 Herman Ave

San Diego, CA 92104

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 6265
    Sqft(Lot)
$2,695,000

Description

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. with 4 out of the 5 units just less than a year old, and the craftsman home having been extensively remodeled in 2020, 3716-18 herman ave is truly an attractive and unique investment. located just two blocks from university ave, residents can enjoy diverse culinary offerings like encontro, the smoking goat, alexander’s, and tribute pizza (to name just a few), along with entertainment venues, local weekly farmer’s market, street festivals, yoga studios, craft beer, coffee and so much more. its proximity to balboa park and freeways coupled with the thriving culinary, arts, and cultural businesses of north park make this an excellent investment for those seeking high rental demand and long-term growth in one of san diego’s most sought-after neighborhoods. hurry, don’t let this amazing opportunity slip away.

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    50203785

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Roof : Composition

    Cooling Features

    • See Remarks,Wall/Window Unit(s),Zoned
    • Air Conditioning

    Heating Source

    • Has Heating

  • Building Information

    • Year Built: 2011
    • Roof: Composition

    Fencing

    • Partial

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1438
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6265

  • Listing Price Information

    • Original List Price: 2,695,000
    • Listing Contract Date: 2025-06-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4531710800

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas,See Remarks,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 92104 - North Park
    • Directions: CrossStreet: Landis
    • Zoning: R-3:RESTRI
    • Source Property Type: Residential Income
    • Area: 92104 - North Park

    Building and Construction

    • Property Age: 14
    • Year Built Source: Vendor Enhanced
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 06/21/2025 @ 10:57

  • MLS: 250030865SD
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 6,265 sized lot, and 0 parking. are nearby neighborhoods.