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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,800,000

Est. payment - /mo

11 Beds

10 Baths

5,137 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,137 sqft

Price per Sqft $350

Subdivision North Park

MLS Listing ID 260023272

Style Mediterranean/Spanish,Modern

Bedrooms 11

Full Baths 10

Year Built 1923

Lot Size 5,131 Sqft

Lot Dimensions 39.5' × 130.75'

Property Sub-Type Detached

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 Metro Uptown

Zoning RM-3-8

Interior

Cooling Mini Split

Fireplace No

Appliance Refrigerator, Gas Stove

Laundry Electric

Exterior

Parking Features None Known

Fence Partial

View Y/N Yes

Water Access Desc Meter Paid/Not In

Roof Type Flat,Membrane

Porch Balcony

Total Parking Spaces 5

Building

Story 2

Sewer Public Sewer

Water Meter Paid/Not In

Level or Stories 2

Others

Senior Community No

Tax ID 453-081-06-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition NOD Filed/Foreclosure Pnd

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Listed by Christopher J Luna, DRE#02082702 Backyard Brokerage Inc.

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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3815 Villa Terrace San Diego, CA 92104