4 unit Multifamily in North Park/Hillcrest with 7 additional permitted units

3420 Wilshire Terrace, San Diego, CA 92103

Property Information

  • For Sale $2,700,000
  • Property Type Other
  • Lot Size 0.22 SF
  • Year Built 1994
  • Year Renovated 2024
  • Date Updated May 15, 2026

Description

A+ Hillcrest / North Park Investment Opportunity!  4 Existing 2BR units with garages.  7 PERMIT READY UNITS.  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.

Contacts

Peter Scepanovic
Corey McHenry

Location

Located at 3420 Wilshire Terrace, San Diego, CA 92103, this property is part of the North Park neighborhood and San Diego market.

  • 77/100 Very Walkable
  • 52/100 Good Transit
  • 43/100 Somewhat Bikeable
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Contact 4 unit Multifamily in North Park/Hillcrest with 7 additional permitted units
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