BACK ON MARKET | PRICE REDUCTION! A+ Hillcrest / North Park Investment Opportunity! 4 Existing 2BR units with garages. 7 PERMIT READY UNITS & Potential for 10. Owner has spent approx. $300k with architects, engineers & the city to deliver permit ready development. Located on a spacious 9,400+ SF lot with dual access from Georgia Street (92103) and Wilshire Terrace (92104). The existing 4 units are oversized 2-bedroom units—each featuring large private patios, in-unit washer/dryers, and value-add potential. The site is located in highly desirable North Park / Hillcrest with sweeping views, just one block from Balboa Park. Near trendy restaurants, bars, and brand-new high-end condos, this is a rare chance to invest in one of San Diego’s most vibrant and walkable neighborhoods, with strong rental demand and long-term upside.
Listed by Corey McHenry
·
License #01800485
·
David Santistevan
·
619-565-0179
Last updated November 04, 2025
·
Source: CRMLS #250036926SD
Listing Facts
TypeMulti-family
NeighborhoodNorth Park
Days on Prevu90
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/05/2025
Price Decreased
$2,700,000
10/29/2025
Status changed to Active
$2,825,000
10/21/2025
Status changed to Removed from Feed
$2,825,000
10/18/2025
Status changed to Active
$2,825,000
10/17/2025
Status changed to Removed from Feed
$2,825,000
10/05/2025
Status changed to Active
$2,825,000
10/03/2025
Status changed to Removed from Feed
$2,825,000
09/12/2025
Status changed to Active
$2,825,000
09/06/2025
Status changed to Removed from Feed
$2,825,000
09/05/2025
Status changed to Active
$2,825,000
09/04/2025
Status changed to Removed from Feed
$2,825,000
08/21/2025
Listed by David Santistevan
$2,825,000
Property Details for 3420 30 Wilshire Terrace
Exterior
Construction
Number Of Units Total: 4
Roof: Composition
Stories: 2
Stories Total: 2
Year Built: 1994
Features
Fencing: Partial
Measurements
Lot Size Source: Public Records
Financial
Residential Income
Cap Rate: 3.41
Taxes
Parcel Number: 4533421600
Other
Location
Subdivision Name: North Park
Utilities
Equipment
Has Heating: Yes
Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.