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.
- Cooling System:
- Other
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Zipcode:
- 92116
- Street:
- Park Blvd
- Street Number:
- 4549-4555
- Longitude:
- W118° 51' 15.3''
- Latitude:
- N32° 45' 36.3''
- Mls Area Major:
- Metro Uptown
- Zoning:
- COMMERCIAL
- Office Name:
- Joshua Krause
- Agent Name:
- Joshua A Krause
- Community Features:
- Other/Remarks
- Construction Materials:
- Other/Remarks
- Number Of Units Total:
- 4
- On Market Date:
- 2026-04-22
- Stories:
- 2
- List Agent Mls Id:
- 656433
- List Office Mls Id:
- 4180
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-04-23T00:19:22Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
4549-4555 Park Blvd, San Diego, CA 92116
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260009600
- Price :
- $2,499,000
- Bedrooms :
- 31863
- Bathrooms :
- 22763
- Status :
- Active
- Full Bathrooms :
- 22763
- Property Sub Type :
- Com-Res Income