4330 Meade Ave · Meade II
The opportunity
Meade II closed just five months after Meade I — and that speed was the point. In San Diego development, the best opportunities rarely wait. After months of research, we learned that the previous owner's permitted project at 4330 Meade Avenue was dissolving, and we acted immediately to step in and put the property under contract.
The two parcels sit on the fringe of CUPD 2-4 zoning in San Diego's Central Urbanized Planning District, with underlying RM-3-9 zoning — one of the highest-density residential designations in the city. Layered with the City's Complete Communities Housing Solutions overlay, the site supports multifamily density well beyond what conventional zoning allows.
It is exceptionally rare to own two large-scale multifamily assets back-to-back in the City of San Diego. Together, Meade I and Meade II will operate as one 37-unit community with shared amenities — a project we likely will not be able to replicate, and a design we couldn't be more excited about.
San Diego's momentum is moving east from North Park and Normal Heights, and we believe Kensington is positioned to become one of the city's most sought-after neighborhoods over the next five years. 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
All six floor-plan sheets for Meade II are now in the gallery — a mix including 14 one-bedroom and 5 two-bedroom units over a 3,100 SF garage level, laid out around a central courtyard.
Design work on Meade II is complete and the permit package is being finalized for submittal to the City of San Diego.
Milestones
The property as acquired, including the demolition and rebuild work that followed.
The existing home fully renovated, now operating as a short-term rental — producing income through pre-development.
What's coming — 20 new units, designed as one community with Meade I next door.