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Investment Highlights

  • RM 2-5, Tier 2 Complete Communities (8.0 FAR)
  • Option to Scrape & Redevelop or Keep Existing Structures & Build Units in Back Portion of Lots
  • Flat 14,213 Sqft Lot
  • 85 Walk Score, Incredibly Close to Tons of Vibrant Restaurants, Retail, Coffee Shops, Grocery Stores, Etc.

Executive Summary

4655 & 4663 Campus Avenue offer a premier redevelopment opportunity in the highly sought-after University Heights neighborhood of San Diego. This unique offering consists of two side-by-side parcels totaling 14,213 square feet, positioned in one of the city’s most desirable and walkable urban cores. Surrounded by a vibrant mix of restaurants, coffee shops, retail, and nightlife, the property combines irreplaceable location with exceptional long-term demand drivers. In addition, the site offers sweeping city views, further enhancing its appeal for future residents and tenants.
The property carries base RM-2-5 zoning and is included within Tier 2 of San Diego’s Complete Communities program, allowing for an 8.0 FAR. This framework provides substantial development capacity and design flexibility, making the site well suited for a wide range of multifamily or mixed-use concepts. With its combination of zoning, density potential, and location, the property is uniquely positioned for a transformative project that can deliver scale in a supply-constrained market.

Property Facts

Price $4,350,400 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.34 AC
Zoning RM-2-5 - Base Zoning of RM-2-5 in a designated Transportation Priority Area. 8.0 FAR in Tier 2 Complete Communities.

1 Lot Available

Lot

Price $4,350,400 CAD
Price Per AC $12,837,848.28 CAD
Lot Size 0.34 AC

This is a rare chance to secure a generational infill development site in the heart of University Heights, offering developers and investors the opportunity to create a landmark asset in one of San Diego’s most dynamic neighborhoods.

Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 445-033-03
  • 445-033-04
Land Assessment
$285,344 CAD
Improvements Assessment
$69,654 CAD
Total Assessment
$354,997 CAD
  • Listing ID: 39793424

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 4655 Campus Ave, San Diego, CA 92116

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