Description

Situated along vibrant Park Boulevard in the heart of San Diego, 4549–4555 Park Blvd presents a rare multi-unit investment and redevelopment opportunity in one of the city’s most dynamic corridors. The front building enjoys prime visibility and frontage on a bustling commercial stretch known for its popular restaurants, cafés, and and wine bars—offering both strong tenant appeal and long-term upside potential. The property consists of four total units, including a rear duplex featuring two well-proportioned 2-bedroom, 1-bath units, ideal for steady rental income. In addition, a detached cottage on the property provides a blank canvas for redevelopment—ready to be reimagined to maximize value. With parking for up to five vehicles and a layout that supports both residential/commercial income and future improvements, this property is perfectly suited for investors, developers, or owner-users seeking to capitalize on location and versatility. There is also strong potential to add additional units through redevelopment (buyer to verify with the city), further enhancing the property’s long-term value. Whether enhancing the existing structures or pursuing a larger redevelopment vision, the possibilities here are substantial. Don’t miss this opportunity to own a value-add property in one of San Diego’s most sought-after urban neighborhoods.