Home | San Diego County | San Diego | 92104 | 3362-66 Herman Ave
3362-66 Herman Ave, San Diego, CA 92104
MLS: SD260006790 | Status: PendingDoNotShow | Price: $1,600,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
– |
– |
1928 |
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 finishes, and strong tenant history. UNBEATABLE LOCATION: Boasting an incredible walk score, residents are steps away from 30+ craft breweries, award-winning dining, the North Park Theatre, and the weekly Farmers Market. Minutes from Balboa Park and Downtown with easy freeway access. With NorthPark valu
| Field |
Value |
| MLS # |
SD260006790 |
| MLS Source |
San Diego MLS |
Features
Interior Features
| Feature |
Details |
| Cooling |
Window/Wall Unit |
| Heating |
Gas - Natural, Other |
Exterior Features
| Feature |
Details |
| Roof |
Composition |
| Feature |
Details |
| Zoning |
RS-1-7 |
Lydell Fleming
Compass
License #: 0193862
Phone: (760) 468-1999
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 4 |
– |
3 |
Unit Details
| Unit # |
Sq Ft |
Beds |
Baths |
Rent |
| 1 |
500 |
1 |
1/0 |
– |
| 2 |
500 |
1 |
1/0 |
– |
| 3 |
532 |
2 |
1/1 |
$3,200 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
| School |
Type |
Grades |
Distance |
Rating |
| McKinley Elementary School |
public |
K-5 |
0.41 mi |
9 |
| Jefferson Elementary School |
public |
K-5 |
0.64 mi |
7 |
| Alba School |
public |
1,2,3,4,5,6,7,8,9,10,11,12 |
0.87 mi |
1 |
| Edison Elementary School |
public |
K-5 |
0.90 mi |
6 |
| Cherokee Point Elementary School |
public |
K-5 |
1.01 mi |
2 |
| Central Elementary School |
public |
K-5 |
1.27 mi |
4 |
| Wilson Middle School |
public |
6-8 |
1.29 mi |
2 |
| Roosevelt International Middle School |
public |
6-8 |
1.30 mi |
4 |
| Garfield Elementary School |
public |
K-5 |
1.32 mi |
6 |
| Joyner Elementary School |
public |
K-5 |
1.38 mi |
4 |
| Rowan Elementary School |
public |
K-5 |
1.41 mi |
8 |
| Adams Elementary School |
public |
K-5 |
1.52 mi |
7 |
| Golden Hill K-8 |
public |
K-8 |
1.56 mi |
3 |
| Hamilton Elementary School |
public |
K-5 |
1.56 mi |
8 |
| Home & Hosp/Transition Support |
public |
K-12 |
1.57 mi |
N/A |
| Clark Middle School |
public |
6-8 |
1.58 mi |
2 |
| Normal Heights Elementary School |
public |
K-5 |
1.63 mi |
4 |
| Birney Elementary School |
public |
K-5 |
1.68 mi |
10 |
| Rosa Parks Elementary School |
public |
K-5 |
1.75 mi |
4 |
| Franklin Elementary School |
public |
K-5 |
1.82 mi |
4 |
Nearby Homes
| Address |
Price |
Beds |
Baths |
Sq Ft |
Status |
| 3957-3961 Oregon Street |
$1,799,500 |
– |
– |
– |
Active |
| 4222 24 Swift Ave |
$1,895,000 |
– |
– |
– |
Active |
| 4742-46 Idaho Street |
$1,625,000 |
– |
– |
– |
PendingDoNotShow |
| 4581 Georgia St |
$1,585,000 |
– |
– |
– |
Active |
| 2306 Modesto St |
$1,900,000 |
– |
– |
– |
Active |
Disclosures
©2026 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of March 27, 2026. For the most current information, please contact Lydell Fleming, (760) 468-1999.