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Investment Highlights
- Located in the heart of University Heights, one of San Diego’s most desirable and walkable urban neighborhoods surrounded by dining, retail, nightlife
- High-Density Zoning: Base RM-2-5 zoning within Tier 2 Complete Communities, allowing for an 8.0 FAR and substantial development flexibility.
- Sweeping City Views: Elevated site offers panoramic views, enhancing future residential or tenant appeal.
- Two Contiguous Parcels: Combined lot size of ±14,213 SF (±0.33 acres) across 4655 & 4663 Campus Avenue.
- Exceptional Development Potential: Ideal for multifamily or mixed-use concepts with strong long-term demand drivers.
- Generational Redevelopment Opportunity: Rare chance to deliver scale and create a landmark asset in a supply-constrained metro San Diego market.
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.
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.
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.
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.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.16 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. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.16 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
| Lot Size | 0.33 AC |
| Lot Size | 0.33 AC |
Two side-by-side 7000+ SF parcels. APNs: 445-033-04-00 & 445-033-03-00. Base Zoning of RM-2-5. Tier 2 Complete Communities with an 8.0 FAR.
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Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Number | 445-033-04 | Improvements Assessment | $24,454 |
| Land Assessment | $39,240 | Total Assessment | $63,694 |
Property Taxes
Parcel Number
445-033-04
Land Assessment
$39,240
Improvements Assessment
$24,454
Total Assessment
$63,694
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4655 Campus Ave - 4655-4663 Campus Ave
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