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8929 University Center LnSan Diego, CA 92122
8929 University Center Lane
Asset ClassLand, Multifamily, Senior Housing, Student Housing
Land2.64 Acres
A By-Right, High-Density Residential Development (Multifamily, Condos, Senior Housing, Student Housing) Opportunity Adjacent to UCSD
overview of deal

Overview

CALL FOR OFFERS: Thursday, October 29, 2026

 

8929 University Center Lane is a 2.643-acre, by-right, high-density residential development opportunity (multifamily, condos, senior housing, student housing) located in the heart of the University Towne Centre (UTC) submarket in San Diego, CA. The site sits adjacent to the University of California San Diego (UCSD) and is surrounded by some of the highest-paying employers in the San Diego market, including UCSD Health, biotech, and life sciences institutions. The property is also within walking distance of the UTC Transit Center, the northern terminus of the San Diego Trolley’s Blue Line, giving future residents direct, car-free access to Old Town, Downtown San Diego, and points south.

Investment Highlights

  • Walking distance to UC San Diego: One of the top-15 research universities globally, with record enrollment (45,087 students, Fall 2025)
  • Walking Distance to Westfield UTC: a newly redeveloped luxury retail center that Westfield itself is betting on with a residential high-rise
  • Direct Transit Access: Within walking distance of the UTC Transit Center, the northern terminus of the UC San Diego Blue Line trolley
  • Embedded in a High-Wage Employment Cluster: UCSD Health, biotech, and life sciences employers in the adjacent Golden Triangle/La Jolla submarkets anchor some of the highest-paying jobs in San Diego County
  • Boxed in by Natural Land-Use Scarcity: Bounded by I-5 and I-805 with limited remaining large-parcel redevelopment sites in immediate proximity to both the trolley and the campus
  • Adjacent to La Jolla: Borrows La Jolla’s high-wage, high-prestige halo without its coastal-zone density restrictions
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8929 University Center LnSan Diego, CA 92122
University of California San Diego
Westfield UTC
Torrey Pines Golf Course
La Jolla Shores

Sales Team

Robert BondAssociate

License #: 02150770

(562) 716-3390robert.bond@cbre.com
Lola GehlAssociate

License #: 02317986

(949) 375-3638lola.gehl@cbre.com
Rachel ParsonsExecutive Vice President

License #: 01335449

(858) 546-2640rachel.parsons@cbre.com
Derrek OstrzyzekExecutive Vice President

License #: 01984295

(949) 809-3675derrek.ostrzyzek@cbre.com

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