SOLD 04/05/2024
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Commercial sold for $2,425,000 in 137 days
3373 Herman Ave San Diego, CA, 92104
Off the market Other
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.
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Property details
3,912 sqft interior area
Land area
6,250 sqft (0.14 acres)
Address
3373 Herman Ave, San Diego, CA, 92104
City of California
San Diego
County
San Diego
Previous price
$2,600,000
Year Built
1912
District
Listing
Virtual Tour
Nearby major retailers
Costco
T-Mobile
Zumiez
Trader Joe's
Whole Foods Market
Albertsons
Lowe's
Walmart Supercenter
Albertsons Supermarket
Walmart Neighborhood Market
Wholesale: 2
Mobile phone: 4
Clothes: 1
Supermarket: 10
Do it yourself: 1
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Interior Features
Wood floors
Floor Covering
Wood
Garage & Parking
Other
Listed by
Noel Wheeler, Compass
Name
Noel Wheeler
License number
01373389
Brokerage company
Compass
MLS #
CRNDP2308986
Buyer agent
Name
John Selby
Brokerage company
Compass
Payment calculator
Calculate your monthly payments
Mortgage
$7,446
Taxes
$0
HOA dues
$0
Mortgage
$485,000 / 20%
2.28%
30 years
Your amount
$7,446 / month
Lot details
TMK #4535020300
Lot Description
Level, Other, Garden
Parcel nr.
4535020300
92104 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
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no data
People living in 92104
38%
Families with children
National average: 39%
54%
Non family households
413,565
Population
$79,019
Average Income
Age & gender
Median age 34 years
More info
Commute types
78% commute by car
More info
Education level
23% have bachelor education
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Number of employees
2% work in management
More info
Vehicles available
46% have 1 vehicle
More info
Vehicles by gender
46% have 1 vehicle
More info
Housing market insights for
$915.19k
Neighborhood average
sales price*
sales price*
$755k
Neighborhood median
sales price*
sales price*
219
Number
of sales*
of sales*
Housing type
38% are apartments
More info
Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
52% have 2 or 3 bedrooms
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Owners vs Renters
71% are renters
More info
14.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 5, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 5, 2024 | Sold | $2,425,000 | 0 | Public Record |
| Apr 5, 2024 | Price Decrease | $2,425,000 -6.73% | 0 | MLS #CRNDP2308986 |
| Feb 17, 2024 | Pending | $2,600,000 | 0 | MLS #CRNDP2308986 |
| Jan 5, 2024 | Price Decrease | $2,600,000 -10.34% | 0 | MLS #CRNDP2308986 |
| Nov 21, 2023 | New Listing | $2,900,000 | 0 | MLS #CRNDP2308986 |
Taxes of 3373 Herman Ave, San Diego, CA, 92104
RS-1 zoning / MLS #CRNDP2308986
Zoning
RS-1
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Frequently Asked Questions about 3373 Herman Ave
What is 3373 Herman Ave?
3373 Herman Ave is a Commercial/Industrial propertywith 3,912 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
3373 Herman Ave, San Diego, CA, 92104.
What comparable properties are nearby?
Comparable nearby commercial properties include 4020 Cherokee, 4153 Utah St, 3876 38th St, 4169 Central Ave, 4062 49th St, 2442 2nd Ave.
Based on information from the bridgeMLS as of 05-14-2024. 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.
Listing last updated on: Apr 06, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Parkside Foods, 0.13 miles away and Baron’s, 0.54 miles away.
The 92104 zip area has a population of 413,565, and 38% of the families have children. The median age is 34.46 years and 78% commute by car. The most popular housing type is "apartment" and 71% is renter.
