3784 Villa Terrace
3784 VILLA TERRACE
3784 VILLA TERRACE, SAN DIEGO, CA 92104
Whitewater Commercial Real Estate is pleased to present a permit-ready (RTI) multifamily development opportunity in the heart of North Park. Situated on a 6,250 SF lot with alley access, the property features a fully renovated Craftsman residence with approved plans to construct 13 new apartment units, creating a 14-unit residential community upon completion.
The proposed development includes 13 thoughtfully designed units totaling 8,109 SF of rentable area while preserving the existing Craftsman home. Plans will be delivered RTI, allowing a buyer to begin construction with minimal delay.
Located one block north of University Avenue near Balboa Park and Morley Field, the property offers exceptional walkability to North Park’s restaurants, breweries, coffee shops, entertainment, and public transit, with convenient access to Downtown San Diego and major freeways.
PROPERTY DETAILS
Purchase Price - $1,895,000
8,109
13+1
SQ. FT.
UNITS
RTI
6,250
PLANS
LOT SIZE
North Park
New Build
LOCATION
ASSET TYPE
PROPERTY HIGHLIGHTS
01 / RTI Development Site
Permit-ready (RTI) plans to construct 13 contemporary multifamily units at the rear of the property, creating a 14-unit residential community upon completion.
02 / Urban Location
Located in the heart of North Park, just one block from University Avenue and moments from Balboa Park, Morley Field, dining, nightlife, and entertainment.
03 / SFR Fully Renovated
Fully renovated 2BD/2BA Craftsman home will remain at the front of the property, complemented by 13 new units consisting of (9) 1BD and (4) 2BD residences.
Listing Team
Whitewater Commercial Real Estate
350 Tenth Ave #710, San Diego, CA 92101
CA 02255012
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