445763 North Avenue

San Diego CA 92116

2188 sq. ft.

6999 sq. ft.

Other

Last sold for $1,575,000

Blake Tagmyer, last sold this property on 03 April 2026 after 38 days on market.

Overview

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.

Features

5 bedrooms

4 bathrooms

3 carspaces

3 carport spaces

2188 sq. ft. floor area

6999 sq. ft. lot size

Other

Estimated Value

Based on this property and similar 5 bedroom other properties sold in San Diego over the last 12 months, the estimated median property value of 445763 North Avenue is $1.57m.

Median value

$1.57m

Estimated value range

$1.39m - $3.26m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in San Diego. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 445763 North Avenue

2026

Sold

$1,575,000

03 Apr 2026 by Blake Tagmyer

Happy sellers in San Diego

We have insufficient information to provide an overview of customer satisfaction for San Diego. Viewing the agent profiles, reviews and sales for San Diego can provide insights for this location.