Property Details
About this Property
Pleased to present 4457–63 North Avenue, a rare 4-unit cottage-style multifamily opportunity in the heart of University Heights offering stable in-place income with significant long-term redevelopment upside. Situated along North Ave in one of San Diego’s most supply-constrained, walkable neighborhoods, the Property provides immediate access to Park Blvd and Adams Ave dining, retail, and nightlife corridors. Residents are minutes from Hillcrest, North Park, Downtown San Diego, and Balboa Park, with convenient access to I-8, SR-163, and I-805. The asset comprises four detached and semi-detached bungalow-style residences plus approximately 880 SF of built-in garage space. The layout includes a primary house (~788 SF), two 480 SF one-bedroom duplex units, and one additional cottage arranged around expansive yard space, creating a single-family feel uncommon in dense infill locations. Rear alley access serves four built-in garages, a rare amenity in this parking-constrained submarket. Well maintained with clear value-add potential, investors can capture mark-to-market rent growth through interior and exterior upgrades and operational optimization while preserving the Property’s character. The site is underpinned by RM-2-5 zoning with a CCHS Tier 2 designation permitting up to 8.0 FAR
MLS Listing Information
MLS #
SD260004239
MLS Source
San Diego MLS
Days on Site
19
Parking, School, and Other Information
Zoning
RM-2-5
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 4 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $2,200 | – |
| 2 | – | – | 0/0 | – | $1,950 | – |
| 3 | – | – | 0/0 | – | $950 | – |
| 4 | – | – | 0/0 | – | $1,950 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4457-63 North Ave is a Residential Income in San Diego, CA 92116. This – square foot property sits on a 6,999 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,650,000 and was built in –. This address can also be written as 4457-63 North Ave, San Diego, CA 92116.
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This listing information is up-to-date as of February 23, 2026. For the most current information, please contact Blake Tagmyer, (858) 558-5670
