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3420 Wilshire Terrace

San Diego CA 92103

8
6
3350 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
6 bathrooms
3350 sq. ft. floor area
Multi-Family

Property history for 3420 Wilshire Terrace

2021
Sold
$2,200,000
20 Jul 2021 by Corey McHenry, of Colliers International SD, Inc

Happy sellers in San Diego

83%
83% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in San Diego over the last 12 months.

Local market activity for 8 bedroom multi families in San Diego

In the last 12 months, 2 eight-bedroom multi families similar to 3420 Wilshire Terrace, have been sold.

This represents a 34% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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