Request More Info
Schedule a Showing
Share
Print
|
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. Seller to consider offers in price range between $1,400,000 and $1,800,000. 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. 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(s):
Single Family
| Last Updated | 10/15/2026 | Tract | North Park |
|---|---|---|---|
| Year Built | 1923 | Community | 92104 - North Park |
| County | San Diego |
Price History
| Prior to Oct 13, '26 | $1,800,000 |
|---|---|
| Oct 13, '26 - Oct 15, '26 | $1,799,000 |
| Oct 15, '26 - Today | $1,599,000 |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Gas Cooktop, Refrigerator |
| AREA | 92104 - North Park |
| CONSTRUCTION | Stucco |
| HEAT | Electric, None |
| LOT | 5131 sq ft |
| LOT DIMENSIONS | 39.5' × 130.75' |
| PARKING | Off Street, Other |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Mediterranean, Modern |
| SUBDIVISION | North Park |
| VIEW | Yes |
| VIEW DESCRIPTION | None |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Backyard Brokerage Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email