2505 University Ave

2505 University Avenue offers a compelling investment and redevelopment opportunity in the heart of North Park, one of San Diego’s most dynamic and supply-constrained urban neighborhoods. The property offers a unique covered land play with in-place income, allowing investors to generate cash flow while pursuing redevelopment.

Positioned along the highly trafficked University Avenue corridor, the property benefits from excellent visibility, strong surrounding demographics, & consistent pedestrian activity. The site is surrounded by a dense mix of residential, retail, dining, and multifamily uses, supporting both near-term income potential long term redevelopment upside.

With convenient access to I-805, I-15, and Downtown San Diego, this property is well suited for investor, or developer seeking to capitalize on one of San Diego’s most desirable infill locations. 

Covered Land Play:

• Existing tenant providing in-place income

• Offset carry costs during entitlement/planning

• Flexible redevelopment timeline (buyer to verify)

Complete Communities

• Tier 3 (FAR 6.5) 

• Max Height: 500’

• Allowed SF: 90,110

• Allowed Dwelling Units: Limited only by CBC 1208.4 & the allowed SF

* Buyer is solely responsible for conducting all due diligence, including but not limited to zoning, land use, development potential, density, FAR, height limits, lot size, square footage, measurements, and overall feasibility. Seller and Seller’s broker make no representations or warranties and assume no responsibility or liability for such matters.