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INVESTMENT HIGHLIGHTS
- Prime North Park location with exceptional visibility
- Walk Score of 99 with transit stop at the property
- Minutes from major freeways for regional connectivity
- Complete Communities Tier 3: 6.5 FAR for high-density development
- Surrounded by vibrant retail, dining, and cultural amenities
EXECUTIVE SUMMARY
The property benefits from Complete Communities Tier 3 designation, allowing for a generous 6.5 FAR, unlocking significant density potential for multifamily or mixed-use development. Surrounded by a robust pipeline of completed and approved residential projects, this site is perfectly positioned to capitalize on San Diego’s booming housing demand, particularly among Millennials and Gen Z renters seeking urban lifestyle amenities.
Connectivity is another key advantage: minutes from major freeways (I-5, I-805, SR-94, SR-163) and served by a transit stop directly in front of the property, ensuring seamless access across the region. Existing improvements include a sanctuary building, fellowship hall, classrooms, and a duplex, offering interim income or adaptive reuse potential. With overlay zones supporting transit-oriented development and incentives for affordable housing, this property represents a rare chance to deliver high-impact housing in one of the city’s most desirable neighborhoods.
PROPERTY FACTS
| Sale Type | Investment | Property Type | Land |
| Sale Condition | Redevelopment Project | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.42 AC |
| Zoning | CN 1-5 & RM 3-8 - CN (Commercial--Neighborhood, RM (Residential--Multiple Unit) | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.42 AC |
| Zoning | CN 1-5 & RM 3-8 - CN (Commercial--Neighborhood, RM (Residential--Multiple Unit) |
1 LOT AVAILABLE
Lot
| Lot Size | 0.42 AC |
| Lot Size | 0.42 AC |
DESCRIPTION
Located at 3819-3821 Pershing Avenue & 2717 University Avenue in San Diego’s vibrant North Park neighborhood, this ±18,494 SF parcel features a ±12,650 SF religious facility with a residential duplex. The site offers exceptional frontage along University Avenue, superior walkability (Walk Score 99), and direct transit access. Zoned CN 1-5 and RM 3-8 with Complete Communities Tier 3 designation, the property allows for a 6.5 FAR, enabling significant residential or mixed-use density. Existing improvements include a sanctuary, fellowship hall, classrooms, and duplex, providing interim income or adaptive reuse potential. Surrounded by thriving retail, dining, and cultural amenities, and minutes from major freeways, this is a rare infill opportunity in one of San Diego’s most dynamic urban neighborhoods.
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2717 University Ave - PRIME NORTH PARK LAND
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