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Pre-Development

4330 Meade Ave · Meade II

Kensington, San DiegoGround-up Development
20
Units
36 months
Timeline
Kensington
Neighborhood
Ground-up
Type
Investor access
Offering terms & documents

The opportunity

A rare follow-on opportunity in Kensington, acquired just five months after closing on our adjacent Meade project. The dual-site approach enables shared amenities, operational efficiencies, and a cohesive design vision across both parcels.

The project follows our standard arc: roughly a year of planning and permitting, a year of construction, and a final stabilization phase — design is complete and the plan set is heading to the City of San Diego.

Latest updates

Plan set approaching city submittalAug 2026

Design work on Meade II is complete and the permit package is being finalized for submittal to the City of San Diego.

Milestones

Property acquiredDone
Closed five months after Meade I.
Design & planningDone
Architecture and site plan complete.
Plan submittal — City of San DiegoIn progress
Permit package heading to the city.
Permits & construction startUpcoming
Approximately one year of construction follows approval.
StabilizationFinal 3–6 months
Lease-up and stabilized operations.
01Stabilization

The existing home during its renovation — refreshed and readied for a tenant, so the property produces income through pre-development.

02Development

What's coming — 20 new units, designed as one community with Meade I next door.