$1,800,000

Single Family Residence In San Diego

  • 11 Beds
  • 10 Baths
  • 5,137 Sqft
  • 5,141 Sqft lot
  • Updated: September 24
  • Source:
    San Diego MLS  MLS#260023272

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
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

    House

  • Floors

    2

  • Year built

    1923

  • Price/sqft

    $350

Features

  • Terrace
  • New Builds
  • 2D Floor Plan
  • Balcony
  • Stone Countertops

Explore the Area

3815 Villa Terrace, San Diego, California, United States View on Google Maps
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Backyard Brokerage Inc. - San Diego

Joined 11 months ago
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Backyard Brokerage Inc. - San Diego
California, United States
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2025
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Backyard Brokerage Inc. - San Diego
San Diego, California, United States
View agency profile
Last updated
September 24
First listed
September 24
Listing reference
260023272
Listing status
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