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New Construction Multifamily Investment Opportunity
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4622-24 Campus Ave, San Diego, CA 92116

New construction multifamily property in the heart of University Heights.

Property Size2 SF
Price / SF$1,697,500
Days on Market151

Property Features for 4622-24 Campus Ave

General Information

Standard status Active
Size 2 SF
Property subtype Multifamily
Zoning R-3:RESTRI

Building Details

Year Built 2025
Buildings 4
Stories 2
Units 6
Listing Agency: Baha & Associates Inc
Listed By: Saeid Baha · License #01860395
Source: Crexi
Added: Mar 16 Changed: Aug 8 Last Checked: Aug 13 at 6:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baha & Associates Inc

Investment Insights

Based on property information with market context.

This new construction property presents a rare investment opportunity, showcasing a blend of modern and craftsman-style architecture. The property features a diverse rental unit mix, including a front house with 3 bedrooms and 2 baths plus a studio, a unit with 1 bedroom, a den, and 2 baths, a unit with 1 bedroom, 1 bath and studio, and units with 2 bedrooms and 2 baths, 2 bedrooms and 2 baths, and 1 bedroom and 1 bath. The property also includes 4 parking spaces. Each unit is thoughtfully designed with large windows to maximize natural light. In-unit washer and dryer, efficient mini-split HVAC systems, stylish kitchens and vanities with quartz countertops, stainless steel appliances, and walk-in showers are standard features. The property is located steps from Park Ave in the heart of University Heights, one of San Diego’s most walkable and in-demand neighborhoods.

Key Highlights

  • New construction property built in 2025.
  • Diverse rental unit mix.
  • Prime location: Steps from Park Ave in University Heights.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Bakery Grocery & Convenience Store Food Market Storage Facility Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,386
Businesses Nearby

Demographics for 92116, CA

31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction multifamily property in the heart of University Heights.
Where is this apartment building located?
The property is located at 4622-24 Campus Ave San Diego, CA.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: New construction property built in 2025.; Diverse rental unit mix.; Prime location: Steps from Park Ave in University Heights.
More about this property
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