4702 University Ave.,San Diego, CA 92105
San Diego, CA 92105
Description
The offering comprises three contiguous parcels totaling approximately 0.45 acres, improved with an 11,500 SF mixed-use building. The property was occupied by San Diego Electric, Inc. for approximately 45 years and includes four unoccupied 1BR/1BA residential units within the adjoining building, providing immediate repositioning potential. The site presents a compelling high-density redevelopment opportunity due to its Complete Communities Tier 3 designation, transit-oriented location and 6.5 FAR development potential. Alternatively, the existing improvements offer flexibility for a value-add strategy or adaptive reuse. Zoned CC-5-4 within the Mid-City Community Planning Area, the property is also located within a Qualified Opportunity Zone (QOZ), Transit Priority Area (TPA) and Qualified Census Tract (QCT), creating additional potential for developers pursuing high-density, mixed-income or affordable housing strategies. Located in the heart of City Heights along the University Avenue corridor, the property benefits from proximity to ongoing community investment and revitalization efforts led by City Heights CDC, including business support, corridor improvements and affordable housing initiatives. The location provides convenient access to I-8, I-15, I-805 and State Route 94, while placing residents within minutes of San Diego State University, Downtown San Diego, Mission Valley, major retail destinations and key employment centers.
Details
| MLS # | 260019828SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 23 |
| Listing Provided By | eXp Realty of Southern CA | Michael Copley |
Features
| Units | 5 |
|---|---|
| Zoning | CC 5-4 |
| Acreage | 0.26 |
Interior
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92105 |
| Area | 92105 East San Diego |
| Listing VS Median (in 92105) | |
Price: $3,500,000 low | high Med: $1,750,000 On site: 23 low | high Med: 81 | |
Market Activity 92105
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92105 |
| Area | 92105 East San Diego |
| Listing VS Median (in 92105) | |
Price: $3,500,000 low | high Med: $1,750,000 On site: 23 low | high Med: 81 | |
 | $1,450,0004727 UniversitySan Diego, CA 92105 |
 | $1,375,0004052 56 EuclidSan Diego, CA 92105 |