4655-4663 Campus Avenue

4655-4663 Campus Avenue San Diego, CA 92116

4655-4663 Campus Avenue, San Diego, CA, 92116
4655-4663 Campus Avenue
4655-4663 Campus Avenue, San Diego, CA, 92116 4655-4663 Campus Avenue, San Diego, CA, 92116 4655-4663 Campus Avenue, San Diego, CA, 92116 4655-4663 Campus Avenue, San Diego, CA, 92116
FOR SALE
Property Type:
Multifamily Land
Amount:
$4,000,000
Last Verified:
Feb 13, 2026

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Highlights

  • Prime Infill Location in the Heart of University Heights - Located in one of San Diego’s most sought-after rental submarkets,
  • 4655 & 4663 Campus Avenue offers easy access to retail, dining, cultural amenities, and employment hubs, ensuring long-term
  • desirability.
  • Spacious 14,213 SF lot for Large Scale Development - The site’s RM-2-5 zoning and Complete Communities Housing Solutions designation offer a rare FAR of 8.0, enabling up to 112,000 sq. ft. of high-density residential space.
  • Entitled High-Density Residential Project - This parcel provides ample space for various development opportunities, allowing for high-density housing or a larger residential community to maximize returns and scale.
  • Strong Market Fundamentals - With a significant supply-demand imbalance, San Diego’s rental market offers an ideal opportunity to meet housing needs with a high-density multifamily project.

Description

4655 & 4663 Campus Avenue, a prime development opportunity located in the heart of University Heights, one of San Diego's most sought-after neighborhoods. This property offers a large 14,213-square-foot lot, zoned RM-2-5, and benefits from a Tier 2 Complete Communities designation, allowing an 8.0 FAR, which significantly enhances the development potential.

The strategic location in University Heights positions it for future residential development in an area with limited available land and strong demand for multifamily housing. The property is within close proximity to retail hubs, public transit, and key amenities, making it an ideal candidate for high-density development.

Lot Size: 0.33 acres


Documents

Offering Summary

Map of 4655-4663 Campus Avenue, San Diego, CA, 92116

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.