San Diego, CA 92104,3584 Villa Terrace
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San Diego, CA 92104,3584 Villa Terrace
San Diego, CA 92104,3584 Villa Terrace
San Diego, CA 92104,3584 Villa Terrace
San Diego, CA 92104,3584 Villa Terrace

$1,620,000

Est. payment /mo

$1,650,000

1.8%
Est.Price: ?

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3584 Villa Terrace San Diego, CA 92104

0.52 Acres Lot

SOLD DATE : 12/29/2020

Key Details

Sold Price $1,620,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 200046909

Sold Date 12/29/20

HOA Y/N No

Year Built 1928

Lot Size 0.520 Acres

Property Description

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

Location

State CA

County San Diego

Area 92104 - North Park

Zoning R-2

Interior

Heating Forced Air, Natural Gas

Cooling See Remarks

Fireplace No

Exterior

Fence Partial

Building

Lot Description Drip Irrigation/Bubblers

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4533312600

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Carson Trujillo • Marcus & Millichap
Bought with Kelly Madruga • Choice Properties
agent

Christopher Von Leible

Advisor | License ID: 02215496

+1(310) 970-2829

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