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4549 Park Blvd #4555, San Diego, CA, 92116

31,863beds
22,763baths
0sqft
$2,499,000
--price/sqft
$14,828/moest. monthly cost
$593,120/yrincome needed

About This Home

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.

Getting Around

92
WalkingWalker's Paradise
49
TransitSome Transit
83
BikeVery Bikeable

Schools

10/10
Birney Elementary SchoolGrades K-50.3 mi
6/10
San Diego High SchoolGrades 9-122.8 mi

Construction

Materials

  • Construction materials: Other/Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 31863
  • Bathrooms: 22763
  • Full bathrooms: 22763

Cooling

  • Cooling features: Other

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 4451310600
  • Zoning: COMMERCIAL
  • Zoning description: COMMERCIAL

Features

  • Stories: 2

Lot

  • Lot size: 6,969 sqft

Parking

  • Total spaces: 5