3716 18 Herman Ave
San Diego, CA 92104
Map
- – beds
- – baths
- – sqft
- 6,265 sqft lot
- 2011 build
- – on site
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 4-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 on 3716, 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.
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Last updated Jun 18, 2025
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MLS# 250030865SD —
The Building
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Year Built:2011
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Total Number Of Units:5
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# of Buildings:2
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Roof:Composition
Interior
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Levels:Multi/Split
Location
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Directions:CrossStreet: Landis
The Property
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Property Type:Residential Income
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Zoning:R-3:RESTRI
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Lot Size Area:6265.0000
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Lot Size Acres:0.1438
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Lot Size SqFt:6265.00
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Lot Size Source:Assessor
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Fencing:Partial
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Fence:Yes
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:4531710800
Heating & Cooling
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Heating:1
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Cooling:Yes
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Cooling:Wall/Window Unit(s), Zoned, See Remarks
The Community
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Subdivision:North Park
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Subdivision:North Park
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Neighborhood:North Park
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Park Name:N/K
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Senior Community:No
Extra Units
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Number With Dishwasher:5
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Number With Refrigerator:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/17/25
Jun 17, 2025
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Listed / Active | CRMLS_CA | $2,695,000 |
