Listing Agent: Christopher Luna      Broker/Office: Backyard Brokerage Inc.
3815 Villa Terrace San Diego CA 92104
$ 1,800,000
  11   |    10   |    5137 Sq Feet

Listing ID

#260023272SD

Status

Active

Property Type

Single Family Residence

Property Style

Mediterranean

County

San Diego

Neighborhood

North Park

Year Built

1923

Days on website

2

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
Financial Information
List Price:  $ 1800000
Property Features
Appliances:  Refrigerator
Construction Materials:  Stucco
Fencing:  Partial
Heating:  Electric
Laundry Features:  Inside
Levels:  Two
Parking Features:  Other
Roof:  Flat, Membrane
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  92104 - North Park
City:  San Diego
Listed By:   Christopher Luna   Backyard Brokerage Inc. 
CA Lic#