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    4438 Campus Ave San Diego, CA 92116

    For Sale
    $1,695,000

    Four-unit property with development potential in desirable University Heights.

    Building Details

    Year built
    1940

    Source: Coldwell Banker West Agent Gregory Glassman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    University Heights Multifamily Income Property

    This charming four-unit property is located in the University Heights neighborhood. The front building contains two spacious two-bedroom, one-bathroom units featuring hardwood floors, coved ceilings, and eat-in kitchens. The rear building includes a one-bedroom, one-bathroom unit and a studio apartment situated above four garages, offering income potential. A specimen pepper tree is located in the open space between the buildings. Situated on a 7,000-square-foot lot within the Complete Communities Tier 2 overlay, the property offers future development and ADU potential with increased FAR, reduced parking, and streamlined approvals. The property is ideal for an owner-occupant or investor seeking current income and long-term upside in a desirable neighborhood close to cafes, shops, and parks.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.1489912
    Latitude
    32.7579997

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with development potential in desirable University Heights.
    Where is this quadplex located?
    The property is located at 4438 Campus Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: - Prime University Heights location, close to cafes, shops, and parks.; - Significant development potential due to Complete Communities Tier 2 overlay.; - Four units provide current income and investment upside.
    (619) 981-2745
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4438 Campus Ave San Diego, CA 92116
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