3362-66 Herman Ave San Diego, CA 92104
Three-unit property with recent upgrades in a desirable location.
Type:Multifamily
Property size:
1,532 SF- Added:
- Mar 23, 2026
- Days on Market:
- 10
- Last Refresh:
- Mar 25 at 8:48 am
Property Features for 3362-66 Herman Ave
General Information
- Standard status
- Active
- Size
- 1,532 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1928
Listing agent Lydell Fleming License #0193862
Listing office Compass
Listing date Mar 23, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Compass
Overview
Turnkey Investment Property in North Park
This multi-family property located on Herman Ave in North Park features three individual units. The property has undergone $135,000 in recent upgrades. Unit 1 is rented at $2,450 per month, and Unit 2 is rented at $3,200 per month. Unit 3 is currently available and has a projected rent of $2,825 per month. The total potential gross income is $101,700 per year. The property has a current cap rate of 3.2% and a pro-forma cap rate of 4.8%. The property is located steps away from craft breweries, dining options, the North Park Theatre, and the weekly Farmers Market. It is also minutes from Balboa Park and Downtown with easy freeway access. The property size is 1532 square feet. This property is suitable for 1031 exchange buyers, portfolio builders, or owner-occupants.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.1262675
- Latitude
- 32.7404365
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property with recent upgrades in a desirable location.
Where is this triplex located?
The property is located at 3362-66 Herman Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Turnkey 3‑unit investment property with **$135,000 in recent upgrades**, offering immediate cash flow.; Located in the highly desirable North Park neighborhood, experiencing a 12.2% year‑over‑year increase in property values.; Potential gross income of $101,700 per year with a 4.8% pro‑forma cap rate.
