4626-4632 College Ave
San Diego, CA 92115
$1,175,000
**VALUE-ADD MIXED-USE INVESTMENT | FOUR DETACHED COTTAGES + COMMERCIAL KITCHEN + BILLBOARD INCOME!** Unique investment opportunity in San Diego's College Area, less than one mile from SDSU. Features four detached 1BR/1BA cottages, commercial kitchen with covered patio, income-producing billboard, individual metering, and three off-street parking spaces on a 4,233 SF lot. Offers renovation and rental upside with multiple income sources. Convenient access to SDSU Transit Center, Interstate 8, shopping, and dining. CC-3-10 zoning with potential Complete Communities FAR Tier 3 redevelopment opportunities, subject to City approval. Buyer to verify all information.
| Listing Id: | PTP2608389 |
|---|---|
| List Price: | $1,175,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Association Fee: | $0 |
| Lot Size Square Feet: | 4,233.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Postal Code: | 92115 |
| Year Built: | 0 |
| Number Of Units Total: | 5 |
| Basement: | false |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Directions: | College Drive off I-8 East between El Cajon Blvd. and Adams Ave. |
| Living Area Units: | SquareFeet |
| Lot Size Area: | 0.0972 |
| Lot Size Units: | Acres |
| Parcel Number: | 4674120900 |
| Photos Change Timestamp: | 2026-11-13T02:59:01Z |
| Pool Features: | N/K |
| State Or Province: | CA |
| Stories Total: | 1 |
| Sdmls Neighborhood: | College Area |
| Sdmls Area Zip: | SAN DIEGO (92115) |
| Original List Price: | $1,175,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Showing Instructions: | Co-listed with James Burns CA DRE #02195104, with Commercial Asset Advisors (non-MLS subscriber). For additional information, please contact james@caacre.com | Call/Text: 858.302.5977. |
| Site: | Sidewalks |
| Listing Terms: | Cash, Conventional, Exchange |
| Operating Expense: | $33,330 |
| Sdmls Cfd Mello Roos Fee Reflct: | Year |
| Assessments: | Yes/Remarks |
| Gross Scheduled Income: | $120,335 |
| Number Of Buildings: | 5 |
| Sdmls Geo Update Timestamp: | 2026-11-13T00:43:43.7 |
| Sdmls Full Address: | 4626-4632 College Ave |
| Sdmls Lot Size: | 4, 000-7, 499 SF |
| Sdmls Supplement Remarks: | **VALUE-ADD MIXED-USE INVESTMENT | FOUR DETACHED COTTAGES + COMMERCIAL KITCHEN + BILLBOARD INCOME!** Unique investment opportunity in San Diego's College Area, less than one mile from SDSU. Features four detached 1BR/1BA cottages, commercial kitchen with covered patio, income-producing billboard, individual metering, and three off-street parking spaces on a 4, 233 SF lot. Offers renovation and rental upside with multiple income sources. Convenient access to SDSU Transit Center, Interstate 8, shopping, and dining. CC-3-10 zoning with potential Complete Communities FAR Tier 3 redevelopment opportunities, subject to City approval. Buyer to verify all information. |
| On Market Date: | 2026-11-12 |
Listing Courtesy of: Commercial Asset Advisors
Listing Agent: Mike Conger
858-360-3000
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© 2026 San Diego MLS.
San Diego MLS data last updated on November 13, 2026 01:42 AM - PT.
Property Last Updated: November 13, 2026 01:42 AM - PT
