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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 6,820 Sqft Lot
  • 85 Walk Score, Incredibly Close to Tons of Vibrant Restaurants, Retail, Coffee Shops, Grocery Stores, Etc.

Executive Summary

4655 Campus Avenue offers a premier infill development opportunity in the highly sought-after University Heights neighborhood of San Diego. This unique offering consists of an oversized parcel totaling 6,820 square feet, positioned in one of the city’s most desirable and walkable urban cores.
Current improvements on parcel include a 2,688 sq ft home, consisting of 5 beds and 2.5 baths. The home is in value-add condition.
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 $1,450,000
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

Price $1,450,000
Price Per AC $9,261,270.01
Lot Size 0.16 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 Number
445-033-04
Land Assessment
$39,240
Improvements Assessment
$24,454
Total Assessment
$63,694
  • Listing ID: 39793424

  • Date on Market: 3/16/2026

  • Last Updated:

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

Contact the Sale Advisor

4655 Campus Ave - 4655 Campus Ave

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