USACASan DiegoUniversity Heights4457 63 North Ave
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4457 63 North Ave, San Diego, CA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,650,000

000

MLS® 260004238SD

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 16
Approx. Age 1920
MLS® Number 260004238SD

Property Address: 4457 63 North Ave, San Diego, CA, 92116

Average square foot calculated using Size range provided by listing agent.

Description

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, allowing approximately 56, 000 buildable SF. Located within a Transit Priority Area, future development may benefit from reduced or eliminated parking requirements. Additionally, the existing improvements allow for potential ADU additions prior to full redevelopment.
MLS® Number260004238SD
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 23, 2026List Date
$1,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
4457 63 North Ave, San Diego, CA

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