Investment Overview

Marcus & Millichap is pleased to present 3776 Villa Terrace, a fully renovated, like-new multifamily asset in one of San Diego’s most desirable urban neighborhoods. The property has undergone a complete transformation, with all major systems replaced, creating a true turnkey investment. Recent capital improvements include a brand-new roof, all-new electrical throughout, and approximately 80% new plumbing—ensuring a low-maintenance, reliable asset for years to come. Inside, every unit has been thoughtfully modernized to achieve top-of-market rents. Interiors feature luxury vinyl plank flooring, high-end stainless steel appliances, new cabinetry, and fully tiled bathrooms. Each unit also offers the convenience of an in-unit washer and dryer, further setting the property apart in this competitive rental market. 3776 Villa Terrace is ideally positioned just blocks from University Avenue and 30th Street, placing residents at the center of North Park’s vibrant dining, nightlife, and retail scene. The property is also close to Balboa Park and Morley Field, offering unmatched walkability and access to lifestyle amenities. The building’s unit mix consists of one spacious 2-bedroom/2-bath unit and eight 1-bedroom/1-bath units, each with a designated parking space—an increasingly valuable amenity in this high-demand submarket. With brand-new systems, premium finishes, and a prime infill location, 3776 Villa Terrace represents a rare opportunity to acquire a fully renovated asset with stabilized top-of-market rents in one of San Diego’s strongest rental corridors.