3815 Villa Terrace, San Diego, California, United States, 92104

1,800,000
for Sale
11
10
5,131

About the property:

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.
Property Type:
Single Family Residence
Status:
for Sale
House Style:
Modern,Mediterranean
Bedrooms:
11
Bathrooms:
10
Full Bathrooms:
10
Acres:
0.1178
Square Feet:
5137
Fireplace:
0
Directions:
Cross Street: Wightman Street.
Association Fee:
0
Is Den:
Yes
Is Fireplace:
Yes
Is New Construction:
Yes
Listing ID:
260023272SD

Rooms

Dimensions

Brokered by:
Backyard Brokerage Inc.
Presented By:

Kevin Bass

REALTOR®

Prestige Properties