3776 Villa Terr. - Apartments FOR SALE


San Diego, CA 92104- North Park
$4,200,000 USD
858-373-3196
3776 Villa Terr., San Diego, CA for Sale
$4,200,000 USD
Apartments - FOR SALE
1/16
null | 4.44% Cap Rate

3776 Villa Terr.
San Diego, CA 92104
North Park


HIGHLIGHTS

  • Extensive Renovations: All-new interiors featuring high-end appliances, luxury vinyl plank flooring, upgraded cabinetry, and fully tiled bathrooms.
  • Significant Structural Upgrades: New roof, complete electrical systems, and approximately 80% new plumbing.
  • Attractive Unit Mix: One 2-bedroom, 2-bathroom unit and eight 1-bedroom, 1-bathroom units.
  • Tenant Convenience: In-unit laundry and designated parking for each unit, a valuable feature in this high-demand area.

OVERVIEW

The McCartin Group of Marcus & Millichap is 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. 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.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$790 USD /SF

# OF UNITS

9

PRICE/UNIT

$466,667

CAP RATE

4.44%

% LEASED

22%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3, San Diego

APN/PARCEL ID

453-062-25

ASK ABOUT THIS PROPERTY

Thomas McCartinThe McCartin GroupMore Info
858-373-3196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Thomas McCartinThe McCartin GroupMore Info
858-373-3196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.