Multifamily
3682 Villa Terrace
3682 Villa Terrace, San Diego, CA 92104
Listing Price: $1,875,000
Investment Overview
The McCartin Group is pleased to present 3682 Villa Terrace, a 5-unit bungalow-style apartment complex with value-add and development potential in North Park, San Diego. Built in 1949, the property features four 1 Bed/1 Bath units, one 2 Bed/1 Bath unit, and two double-car garages.
With a Walk Score of 88, this prime location is just two blocks from Balboa Park and Morley Field, and six blocks from the vibrant 30th Street and University Avenue corridor, offering top-tier shopping and dining.
Professionally managed and meticulously maintained, the property is ready for an investor to implement renovations and achieve top-of-market rents. Additionally, the two double-car garages can be easily converted into two Accessory Dwelling Units (ADUs), offering strong development upside and increased returns.
Located near the 805 and 8 freeways, this property combines historic charm, convenience, and growth potential in one of San Diego's most sought-after neighborhoods.
3682 Villa Terrace
Investment Highlights
- Prime Location: Two blocks from Balboa Park and six blocks from 30th & University.
- Diverse Unit Mix: Four 1 Bed/1 Bath units, one 2 Bed/1 Bath unit, and two double-car garages.
- Development Potential: Convert garages into two additional units for added income.
- Value-Add Opportunity: Well-maintained property ready for renovations to achieve market rents.
- Walkability: Blocks Balboa Park and 30th Street.
Exclusively Listed By
Financing By
Listing Price: $1,875,000
Investment Highlights
- Prime Location: Two blocks from Balboa Park and six blocks from 30th & University.
- Diverse Unit Mix: Four 1 Bed/1 Bath units, one 2 Bed/1 Bath unit, and two double-car garages.
- Development Potential: Convert garages into two additional units for added income.
- Value-Add Opportunity: Well-maintained property ready for renovations to achieve market rents.
- Walkability: Blocks Balboa Park and 30th Street.
Investment Overview
The McCartin Group is pleased to present 3682 Villa Terrace, a 5-unit bungalow-style apartment complex with value-add and development potential in North Park, San Diego. Built in 1949, the property features four 1 Bed/1 Bath units, one 2 Bed/1 Bath unit, and two double-car garages. With a Walk Score of 88, this prime location is just two blocks from Balboa Park and Morley Field, and six blocks from the vibrant 30th Street and University Avenue corridor, offering top-tier shopping and dining. Professionally managed and meticulously maintained, the property is ready for an investor to implement renovations and achieve top-of-market rents. Additionally, the two double-car garages can be easily converted into two Accessory Dwelling Units (ADUs), offering strong development upside and increased returns. Located near the 805 and 8 freeways, this property combines historic charm, convenience, and growth potential in one of San Diego's most sought-after neighborhoods.
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
