We are pleased to present 3776 Villa Terrace, a fully renovated 9-unit multifamily asset located in one of San Diego’s most desirable urban neighborhoods. The property has undergone an extensive renovation program featuring modern interiors with luxury vinyl plank flooring, stainless steel appliances, upgraded cabinetry, tiled bathrooms, and in-unit washer/dryers.… Read More In addition to the interior finishes, the building also boasts major capital improvements, including a new roof, all-new electrical, and approximately 80% new plumbing—offering investors a truly turnkey, low-maintenance asset. Ideally situated just blocks from University Avenue and 30th Street, the property gives residents immediate access to North Park’s renowned dining, nightlife, and retail scene. It's also within close proximity to Balboa Park and Morley Field, enhancing its walkable, amenity-rich appeal. The unit mix includes (1) large 2-bed/2-bath and (8) 1-bed/1-bath units, each with its own designated parking space—an increasingly rare amenity in this submarket. With premium finishes, a prime location, and strong in-place rents, 3776 Villa Terrace offers a compelling investment opportunity in one of San Diego’s most competitive rental corridors. Read Less
Property listed by Marcus & Millichap, Thomas McCartin 818-212-2250
Listing Snapshot
Days Online
34
Last Updated
Property Type
Mixed Use
MLS Number
250030316SD
30 Days Snapshot Of 92104
$975k
+8%
(avg) sold price
19
-13%
homes sold
45
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1 building, Construction materials: Drywall, Stucco
Expenses
Operating expense: $86,117
Income
Net operating income: $195,463
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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