3815 Villa Terrace, North Park, CA 92104

$1,800,000
11
BD
10
BA
5,137
SqFt

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List Price
$1,800,000
Status
ACTIVE
MLS#
260023272SD
Year Built
1923
Bedrooms
11
Bathrooms
10
Living Sq. Ft
5,137
Lot Size
5,131
Acres
0.12
Lot Location
Drip Irrigation/Bubblers
Days on Market
2
Property Type
Single Family Residential
Style
Mediterranean, Modern
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
North Park

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.

Additional Information

Appliances
Gas Cooktop, Refrigerator
Pool Description
None
Heat
Electric, None
Cooling
Yes
View
None
Exterior Construction
Stucco
Roof
Flat, Membrane
Interior Features
Bedroom on Main Level
Attached Structure
Detached

Listing courtesy of Listing Agent: Christopher Luna (lunachris4@gmail.com) from Listing Office: Backyard Brokerage Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.