3815 Villa Terrace , San Diego, CA 92104
$1,800,000
Est. Payment: $9,818.46/mo
11 Bed
10 Bath
5137 Sqft
0.12 Acres
Status: ACTIVE | Days on site: 1
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993341 - 684874
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House 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.

Highlights

Listed by Christopher J Luna , 916-397-4367 Backyard Brokerage Inc. , 916-397-4367. San Diego County Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.12

Year Built

1923

County

San Diego

Area

Metro Uptown

Neighborhood

North Park

Listing ID

260023272

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:11
  • ▪ Bathrooms:10
  • ▪ Full Bathrooms:10
Appliances:Refrigerator, Gas Stove
Air Cond:Mini Split
Fireplaces:
Water:Meter Paid/Not In

Exterior Features

Lot Dimensions:39.5' × 130.75'
Garage Capacity:5
Zoning:RM-3-8
Roof:Flat,Membrane
Sewer:Public Sewer
Parking Features:None Known
Principal Interest
$9,818
Taxes
$1,148

Home Price

$1,800,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$360,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,818.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,818.46 $1,147.50 $0.00 $10,965.96
Yearly $117,821.46 $13,770.00 $0.00 $131,591.46
Total $3,534,643.92 $413,100.00 $0.00 $3,947,743.92

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-04T21:56:13.000Z

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