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3764-3772 Villa Terrace

San Diego, CA 92104
  • $3,350,000
  • STATUS: ACTIVE
  • ON SITE: 106 Days
  • ID#: 250022375
UPDATED: 34 min ago
$3,350,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Newly renovated Villa Terrace Apartments located in the heart of North Park. 5 remodeled units + 1 new ADU unit, for a total of 6 units. Charming 2bdr+office/1bath home in front and five 1bdr/1bath units at the rear along with 4 single car garages. Prime turn-key condition. Unit upgrades include HVAC, LVP flooring, new kitchens with new countertops, cabinetry and S/S appliances, new bathrooms, new windows and more. Exterior upgrades include new stucco, new turf, new stairs, new railings, new waterproofing and more. On-site shared laundry room includes 2 owned washer-dryer units. Great location; walking distance to Balboa Park and North Park restaurants and shops.

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San Diego MLS logo 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, non-commercial 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 © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/161833558
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3764-3772 Villa Terrace San Diego, CA 92104

  • Price: $3,350,000
  • Status: ACTIVE
  • On Site: 106 Days
  • Updated: 34 min ago
  • ID#: 250022375
4
Beds
3
Baths
0
½ Baths
0.14
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
Newly renovated Villa Terrace Apartments located in the heart of North Park. 5 remodeled units + 1 new ADU unit, for a total of 6 units. Charming 2bdr+office/1bath home in front and five 1bdr/1bath units at the rear along with 4 single car garages. Prime turn-key condition. Unit upgrades include HVAC, LVP flooring, new kitchens with new countertops, cabinetry and S/S appliances, new bathrooms, new windows and more. Exterior upgrades include new stucco, new turf, new stairs, new railings, new waterproofing and more. On-site shared laundry room includes 2 owned washer-dryer units. Great location; walking distance to Balboa Park and North Park restaurants and shops.
Exterior Features

Parking Spaces Total 5 Units With Garages 4

Interior Features

Laundry Owned Sq Ft Of Improvement 3900 Unit Furnished1 Yes Unit Furnished2 Yes Unit Furnished3 No Units With Dishwashers 5 Units With Disposals 6 Units With Drapes 6 Units With Ranges 6 Units With Refrigerators 6

Property Features

Actual Gross Scheduled Income 0.0 Actual Operating Expense 0 Assumable Finance 0 Buildings 3 Gross Equity 0 Gross Multiplier 0 Have 5 renovated + 1 new units Leased Apartments 5 Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 13640 Motive Want Sell Other Income Amount 2183 Other Income Source STRO 1unit Projected Cap Rate 3.44 Projected Gross Multiplier 17.64 Projected Gross Scheduled Inc 189876 Short Sale No Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 1 Unit Number2 1 Unit Number3 4 Unit Rent Total1 3995 Unit Rent Total2 2183 Unit Rent Total3 9645 Unit Rent1 3995 Unit Rent2 0-5109 Unit Rent3 2195-2800

San Diego MLS logo Listing provided courtesy of Teresa Vo of VO Properties & Investments: 858-864-8118. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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, non-commercial 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 © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Mercer Group | Keller Williams La Jolla
4071 Adams Avenue
San Diego CA, 92116