4655-63 Campus Ave San Diego, CA 92116 Active

UPDATED: 03/17/2026 02:37 AM ON MARKET: 18 days on market

$3,300,000

8 Beds3 Baths0.33 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision University Heights

MLS Listing ID 260006147

Bedrooms 8

Full Baths 3

Year Built 1927

Lot Size 0.326 Acres

Lot Dimensions 100 x 140

Property Sub-Type Res Income 2-4 Units

Property Description

4655 & 4663 Campus Avenue present a premier infill and redevelopment opportunity in the highly sought-after University Heights neighborhood of San Diego. This rare offering consists of two contiguous parcels totaling 14,213 square feet, ideally positioned within one of the city's most desirable and walkable urban cores. The property is zoned RM-2-5 and falls within Tier 2 of San Diego's Complete Communities Housing Solutions program, permitting an 8.0 FAR. Surrounded by a vibrant mix of restaurants, coffee shops, boutique retail, and nightlife, the property combines an irreplaceable location with exceptional long-term demand drivers. The site also benefits from sweeping city views, further enhancing its appeal for future residents. This entitlement framework unlocks substantial development capacity and design flexibility, making the site well-suited for a range of strategies — from a creative infill approach that preserves the existing structures while adding units at the rear, to a full ground-up redevelopment maximizing the site's full density potential under current zoning allowances.