Description
Pleased to present this opportunity to acquire a single family home with a detached four unit apartment complex. The property was newly remodeled and features a two bedroom/two bathroom house with four additional one bedroom one bathroom units. New ownership has the opportunity to acquire an asset boasting incredible rents with room to increase post acquisition. All tenants are currently paying water and trash RUBS. The shared laundry in the four unit is owned and transfers with the sale. The Herman Ave apartments are adjacent to University Ave. The North Park neighborhood features restaurants such as Tabu Shabu, Swamis Cafe, soon to be Death by Tequila. This is an absolute must see asset with many improvements made to the interior and exterior of the property. The Herman Avenue Apartments have a central location that is adjacent to Balboa Park, The Observatory, and The North Park public library.
Location
Similar Listings
$49,000,000
10
14
22,897 Sq ft
ACTIVE
MLS# NDP2200181
Courtesy of: Willis Allen Real Estate
$28,000,000
10
14
22,897 Sq ft
ACTIVE
MLS# NDP2204175
Courtesy of: Willis Allen Real Estate
$24,000,000
ACTIVE
MLS# NDP2204567
Courtesy of: Willis Allen Real Estate
$22,500,000
ACTIVE
MLS# PTP2207418
Courtesy of: Team One Realty
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of
an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 5th February, 2023 10:25 AM (UTC)
