Why 4330 Meade Ave?

4330 Meade Avenue represents a rare follow-on opportunity in Kensington, acquired just five months after closing on our adjacent Meade project. Together, these two sites create the ability to develop back-to-back multifamily buildings next to one another, opening the door to shared amenities, operational efficiencies, and a more cohesive design vision as we move through the development phase. Located in one of San Diego’s most desirable residential pockets, Kensington is known for its walkability, neighborhood character, and strong appeal to young professionals who want proximity to North Park, University Heights, and major employment centers without sacrificing quality of life. With limited new housing supply, a highly educated tenant base, and consistent rental demand, this project is well positioned to capitalize on both location and scale—delivering a thoughtfully designed asset in a supply-constrained submarket and creating long-term value for investors through smart infill development.