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3765 Herman Ave
San Diego, CA 92104
3765 Herman Avenue · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Walker's Paradise
  • RM-3-8 Zoning
  • Mobility Zone 2
  • New: Electric, Roof, Waste line, Foundation, HVAC
  • Complete Communities Tier 3 (FAR 6.5)

Executive Summary

This turnkey duplex in the heart of North Park offers a rare combination of historic Craftsman charm and extensive modern infrastructure. Situated on a 6,266 SF lot, this property features two distinct residences, making it an ideal opportunity for an owner-occupant seeking rental income or a savvy investor looking for a high-performing asset in San Diego’s most sought-after urban neighborhood. The property has undergone numerous improvements including but not limited to: roof, interior upgrades, plumbing, electrical overhauls, waste line overhaul, foundation improvements, HVAC add-on.

Property Facts

Price Per Unit $1,008,983 CAD
Sale Type Investment
Cap Rate 3.26%
Gross Rent Multiplier 18.24
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Lot Size 0.14 AC
Building Size 2,098 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1917/2022
Parking Ratio 2.86/1,000 SF
Zoning RM3-8 - 6266sf lot: RM 3-8: 1 Dwelling per 800sf CC Tier 3: 6.5 FAR (max 40,000sf building size) Mobility Zone 2

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Family Room
  • Framed Mirrors
  • Island Kitchen
  • Lawn
  • Linen Closet
  • Mud Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $5,410 CAD 1,205
2+1 1 $3,812 CAD 900
  • Listing ID: 39910887

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 3765 Herman Ave, San Diego, CA 92104

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