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SDSU Area Development Opportunity
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4855 College Avenue, San Diego, CA

High-density multifamily development opportunity near San Diego State University.

Property SizeContact for details
Lot Size3.66 Acres
Days on Market378

Property Features for 4855 College Avenue

General Information

Standard status Active
Lot size 3.66 Acres
Property subtype LAND
Listing Agency: CBRE
Listed By: Rachel Parsons · License #01335449
Source: Moodyscre
Added: Aug 1, 2025 Changed: Aug 8 Last Checked: Jul 15 at 9:53PM

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 CBRE

Investment Insights

Based on property information with market context.

Located two blocks from the SDSU campus core, the property at 4825-57 College Avenue offers a development opportunity within San Diego’s College Area. The zoning allows for high-density multifamily use, making the site suitable for a purpose-built student housing project. SDSU’s enrollment growth and a shortage of student housing have created demand for living options tailored to student needs. The location provides walkable access to campus, public transit including the SDSU Trolley Station, shopping, dining, and nightlife along El Cajon Boulevard and College Avenue. The property has underlying land value, redevelopment options under the Complete Communities framework, and the ability to deliver a high-yield product in one of San Diego’s rental submarkets. This acquisition has a built-in tenant base, minimal hold time needed before redevelopment, and upside potential through entitlements and value-add construction. It is a platform for long-term value creation in one of Southern California’s rental markets.

Key Highlights

  • Prime location just two blocks from SDSU campus core, ideal for student housing.
  • Zoning allows for high‑density multifamily use, maximizing development potential.
  • Strong demand for student housing due to SDSU enrollment growth and housing shortage.

Property Analytics

Current Use

College Avenue Nutrition ... College Children school High School Beth Jacob Congregation. Synagogue Catering by Charles ... Take-out & Catering N.I.K. Car Accident ... Law Firm

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Fish Market

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

1,683
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - High-density multifamily development opportunity near San Diego State University.
Where is this land located?
The property is located at 4855 College Avenue San Diego, CA.
What are key features of this property?
This property features: Prime location just two blocks from SDSU campus core, ideal for student housing.; Zoning allows for high‑density multifamily use, maximizing development potential.; Strong demand for student housing due to SDSU enrollment growth and housing shortage.
(858) 945-0992 Call to check price and availability
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