$2,425,000
$2,600,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
3373 3379 1/2 Herman AVE San Diego, CA 92104
3,912 SqFt
Key Details
Sold Price $2,425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,912 sqft
Price per Sqft $619
MLS Listing ID NDP2308986
Sold Date 04/05/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1912
Lot Size 6,250 Sqft
Acres 0.1435
Property Description
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.
Location
State CA
County San Diego
Area 92104 - North Park
Zoning RS-1-7
Rooms
Ensuite Laundry Common Area, In Garage
Interior
Laundry Location Common Area,In Garage
Heating Ductless, Wall Furnace
Cooling Ductless, Heat Pump
Flooring Wood
Fireplaces Type None
Fireplace No
Laundry Common Area, In Garage
Exterior
Garage Door-Single, Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Partial, Wood
Pool None
Community Features Urban
Utilities Available Electricity Connected
View Y/N No
Roof Type Composition
Parking Type Door-Single, Driveway, Garage
Total Parking Spaces 4
Private Pool No
Building
Lot Description Garden, Level, Rectangular Lot
Story 2
Foundation Raised
Water Public
Architectural Style Craftsman
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4535020300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Seller Financing
Special Listing Condition Standard
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Bought with John Selby • Compass