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Investment Highlights

  • Prominent Park Boulevard frontage in the heart of University Heights.
  • Located within a Complete Communities Tier 2 area.
  • Flexible building configuration suitable for multiple occupancy strategies.
  • CN-1-4 zoning supports future redevelopment opportunities.
  • Positioned within a Transit Priority Area with regional connectivity.
  • Minutes from Hillcrest, North Park, Mission Valley, and Downtown San Diego.

Executive Summary

Urban Property Group is pleased to present the opportunity to acquire 4470 Park Boulevard. Positioned along one of San Diego’s most recognizable neighborhood corridors, this site offers investors the opportunity to acquire a commercial asset in the heart of University Heights, a vibrant, walkable urban village celebrated for its independent restaurants, boutique retailers, craft breweries, and neighborhood charm. Located along the Park Boulevard corridor between Hillcrest and North Park, the property benefits from exceptional visibility, strong pedestrian activity, and access to one of San Diego’s most affluent and supply-constrained urban submarkets.
University Heights has become one of San Diego’s premier mixed-use neighborhoods where residents value a lifestyle centered around walkability, local businesses, and authentic community character. The district continues to attract professionals, entrepreneurs, and long-term residents seeking an urban environment that blends historic architecture with modern amenities. The neighborhood’s popularity has fueled continued investment, redevelopment, and increasing demand for commercial space.

Property Facts

Price $6,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.48 AC
Zoning CN-1-4

1 Lot Available

Lot

Price $6,500,000
Price Per AC $13,681,042.28
Lot Size 0.48 AC
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
445-202-29
Land Assessment
$322,631
Improvements Assessment
$855,615
Total Assessment
$1,178,246
  • Listing ID: 41793519

  • Date on Market: 8/18/2026

  • Last Updated:

  • Address: 4470 Park Blvd, San Diego, CA 92116

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