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.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $2,950,000 | Homecoin.com | ||
Listed For Sale | $2,950,000 | Homecoin.com |
Elementary School Jefferson Elementary | 0.4 miles away | KG - 05 | |
Elementary School Edison Elementary | 0.6 miles away | KG - 05 | |
Elementary School North Park Elementary | 0.6 miles away | KG - 05 |