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3682 Villa Ter

San Diego, CA 92104
  • $1,875,000
  • STATUS: PENDING
  • ON SITE: 25 Days
  • ID#: 240028953
Pending
UPDATED: 46 min ago
$1,875,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Proud to present 3682 Villa Terrace, a 5-unit bungalow-style apartment complex in the heart of North Park, San Diego. Located just two blocks from Balboa Park and six blocks from the vibrant 30th Street and University Avenue corridor, this property features four 1 Bed/1 Bath units, one 2 Bed/1 Bath unit, and two double-car garages with potential to convert into Accessory Dwelling Units (ADUs). Professionally managed and well-maintained, the property offers immediate value-add opportunities to achieve market rents and long-term growth potential in one of San Diego’s most desirable and walkable neighborhoods.

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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.gellens.com/homes/159086030
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3682 Villa Ter San Diego, CA 92104

  • Price: $1,875,000
  • Status: PENDING
  • On Site: 25 Days
  • Updated: 46 min ago
  • ID#: 240028953
3
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
Proud to present 3682 Villa Terrace, a 5-unit bungalow-style apartment complex in the heart of North Park, San Diego. Located just two blocks from Balboa Park and six blocks from the vibrant 30th Street and University Avenue corridor, this property features four 1 Bed/1 Bath units, one 2 Bed/1 Bath unit, and two double-car garages with potential to convert into Accessory Dwelling Units (ADUs). Professionally managed and well-maintained, the property offers immediate value-add opportunities to achieve market rents and long-term growth potential in one of San Diego’s most desirable and walkable neighborhoods.
Interior Features

Sq Ft Of Improvement 2972

Property Features

Actual Cap Rate 3.37 Actual Gross Scheduled Income 101640.0 Actual Operating Expense 63101 Assumable Finance 0 Buildings 2 Gross Equity 0 Gross Multiplier 18.45 Have Apartments Mandatory Remarks None Known Market Area Metro Uptown Motive Want 1031 Projected Cap Rate 5.71 Projected Gross Scheduled Inc 152400 Projected Net Income 106980 Sq Ft Source Buyer to Verify Unit Number1 4 Unit Number2 1

San Diego MLS logo Listing provided courtesy of Thomas Mccartin of Marcus & Millichap: 858-373-3100. 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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