$1,599,000
3815 Villa Terrace
Morley Field North · San Diego, CA 92104
Listing agent: Christopher J Luna, Backyard Brokerage Inc.
Last updated Oct 15, 2026, 5:26 PM
Original list price $1,800,000
Key details
About this home
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.
Features
- Electric
- Gas Stove
- Mini Split
- N/K
- None Known
- Refrigerator
Home facts
Price history
| Date | Event | Price |
|---|---|---|
| Sep 22, 2026 | Listed | $1,800,000 |
| — | Current list price | $1,599,000 |
Monthly payment
Estimate only. The rate, tax, and insurance figures are editable placeholders, not a lender quote.
- Principal and interest $8,085.41
- Property tax $1,465.75
- Insurance $466.42
- HOA $0.00
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SDMLSListing data provided by San Diego MLS. Information deemed reliable but not guaranteed. Homes By Hive is not the listing broker. Each home names the listing agent and listing office.