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… Read More 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. Read Less
Listing Snapshot
Days Online
4
Last Updated
Property Type
SingleFamilyResidence
Beds
11
Full Baths
10
Square Ft.
5,137
Lot Size
0.12 Acres
Year Built
1923
MLS Number
260023272SD
Additional Details
Appliances & Equipment
GasCooktop, Refrigerator
Building
Built in 1923, Living area: 5137.0, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: Stucco
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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