3815 Villa Terrace, San Diego, CA 92104
3815 Villa Terrace, San Diego, CA 92104
3815 Villa Terrace, San Diego, CA 92104
3815 Villa Terrace, San Diego, CA 92104
3815 Villa Terrace, San Diego, CA 92104
3815 Villa Terrace, San Diego, CA 92104
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$ 1,800,000
Est. payment | /mo

11 Beds

10 Baths

5,137 SqFt


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$ 1,800,000
Est. payment | /mo
Save

11 Beds

10 Baths

5,137 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,137 sqft

Price per Sqft $350

Subdivision North Park

MLS Listing ID 260023272SD

Bedrooms 11

Full Baths 10

HOA Y/N No

Year Built 1923

Lot Size 5,131 Sqft

Property Sub-Type Single Family Residence

Property Description

Development opportunity in the heart of North Park! 3815 Villa Terrace combines an existing three-unit property with ready-to-issue (RTI) plans for six ADUs totaling 4137 square feet of new construction + keeping an existing 1000FS(2 units) on a RM 3-8 lot allowing for a 2.25FAR. Two remodeled existing residences are planned to remain with $5500/month rents coming in while a new owner builds the R3 type construction ADU units. Designed with livability in mind, the proposed 6 ADUs offer larger layouts that emphasize usable living space and everyday comfort. In a neighborhood that has seen substantial studio and micro-unit development, this project presents an opportunity to deliver a distinctive rental community combining remodeled residences with thoughtfully designed new construction just blocks from the heart of North Park at 30th and University Avenue. Enjoy North Park's vibrant setting, known for its restaurants, cafés, independent shops, and neighborhood character. With significant design and planning work already completed, this property offers developers and investors a substantial head start. Plans and supporting project information are available for review. All marketing images are conceptual renderings, not photographs of completed improvements. Proposed ADUs are not yet built; final design and finishes may vary. RTI does not mean permits have been issued. Buyer to verify legal unit count, retained and proposed configuration, square footage, permit status, remaining fees, affordability restrictions, and development requirements.

Location

State CA

County San Diego

Area 92104 - North Park

Building/Complex Name Park Villas

Zoning RM-3-8

Interior

Interior Features Bedroom on Main Level

Heating Electric, None

Fireplace No

Appliance Gas Cooktop, Refrigerator

Laundry Electric Dryer Hookup, Inside

Exterior

Parking Features Off Street, Other

Fence Partial

Pool None

View Y/N Yes

View None

Roof Type Flat,Membrane

Total Parking Spaces 5

Private Pool No

Building

Lot Description Drip Irrigation/Bubblers

Story 2

Entry Level Two

Architectural Style Mediterranean, Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4530810600

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Notice Of Default

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Christopher Luna Backyard Brokerage Inc. #02082702

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3815 Villa Terrace