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3420 30 Wilshire Terrace

San Diego, CA 92104
  • $2,700,000
  • STATUS: Active
  • ON SITE: 115 Days
  • ID#: 250036926SD
UPDATED: 30 min ago
$2,700,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1994
County:

School Ratings & Info

Listing Agent(s): Corey Mchenry of David Santistevan (619-994-8896)


Description

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 Diegos most vibrant and walkable neighborhoods, with strong rental demand and long-term upside.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T22:26:13.037. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/167220317
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3420 30 Wilshire Terrace San Diego, CA 92104

  • Price: $2,700,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 30 min ago
  • ID#: 250036926SD
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1994
Built
Neighborhood:
North Park
County:
San Diego
Area:
92104 - North Park
Property Description
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 Diegos most vibrant and walkable neighborhoods, with strong rental demand and long-term upside.
Exterior Features

Fencing Partial Parking Total 0 Roof Composition Spa YN No View YN No

Interior Features

Cooling None Cooling YN No Heating YN Yes

Property Features

Association Fee 0 Cap Rate 3.41 Gross Scheduled Income 139140 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 92195 Senior Community YN No Tenant Pays ElectricityGasSewerWater Zoning RM-3-7



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T22:26:13.037. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Corey Mchenry of David Santistevan (619-994-8896)