Back 336266 Herman Avenue
Off Market

336266 Herman Avenue

San Diego CA 92104

4
4
1532 sq. ft.
Multi-Family
Last sold for $1,520,000
Lydell FlemingLydell Fleming, last sold this property on 21 April 2026 after 28 days on market.

Overview

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 values up 12.2% YOY, this is a blue-chip addition to any real estate portfolio.

Features

4 bedrooms
4 bathrooms
1532 sq. ft. floor area
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in San Diego over the last 12 months, the estimated median property value of 336266 Herman Avenue is $1.5m.

Median value
$1.5m
Estimated value range
$1.15m - $1.95m
Median days on market
39
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in San Diego. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 336266 Herman Avenue

2026
Sold
$1,520,000
21 Apr 2026 by Lydell Fleming, of Compass

Happy sellers in San Diego

92%
92% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in San Diego over the last 12 months.

Local market activity for 4 bedroom multi families in San Diego

In the last 12 months, 11 four-bedroom multi families similar to 336266 Herman Avenue, have been sold.

This represents a 200% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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