3584 Villa Terrace
San Diego, CA 92104

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • 1928 build
  • on site

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Pleased to present the rare opportunity to acquire a well maintained 3-unit property in the highly desirable North Park neighborhood, just two blocks North of Balboa Park / Morley Field. This property rests on a 6,072 SF lot with 3,179 of rentable SF. Comprised of (2) two-bedroom/one-bathroom units and (1) two-bedroom/two-bathroom unit, there are 2 stacked units in the front building and 1 unit above the garages in the back building. Attractive option to live in one unit and rent the others. This asset has been upgraded with major exterior and interior renovations to every unit. Tenants enjoy private garages and access to a communal coin-operated laundry room with a work sink and a half bathroom. This secure complex has ADT security throughout and is landscaped with low maintenance xeriscape complete with energy efficient timed pathway lights. This property offers investors the rare opportunity to be the proprietor of a stabilized asset in one of San Diego’s most profitable rental markets. With some of the best retailers in town establishing their roots here, North Park continues to draw in the highest quality and most desirable tenants in San Diego. Increasing market demand throughout the city will continue to keep vacancy low at this property with a steady increase in rents. Being within walking distance to North Park’s main attractions, this property is centrally located with the investor’s longevity in mind. Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 3584-A Unit # for Unit 2: 3584 Unit # for Unit 3: 3586 Number of Furnished Units: 0

California Regional MLS logo Listed By SDMLS / Carson Trujillo / Marcus & Millichap

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# 200046909 —

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Sale history

Date Event Source Price % Change
12/29/20
Sold CRMLS_CA $1,620,000 -1.8%
11/3/20
Pending CRMLS_CA $1,650,000
10/19/20
Relisted CRMLS_CA $1,650,000

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Multifamily Sold on 12/29/2020

$1,620,000

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Listing provided by broker:

Carson Trujillo

Marcus & Millichap

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of 12:01 on May 08.

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