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Tricia Mcmullan

tricia.mcmullan@redfin.com +1(626) 318-7433

$ 780,000

Est. payment -/mo

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4286 51st St San Diego, CA 92115

8 Beds

8 Baths

3,194 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,194 sqft

Price per Sqft $244

Subdivision City Heights

MLS Listing ID 260025739SD

Bedrooms 8

Full Baths 8

Construction Status Under Construction

HOA Y/N No

Year Built 1929

Property Sub-Type Single Family Residence

Property Description

4286 51st Street is a shovel-ready 6-unit multifamily development opportunity positioned for immediate execution in a centrally located San Diego infill market. Just south of Talmadge and steps to Colina Park. With plans centered around an efficient mix of two-bedroom and one-bedroom residences with in unit laundry, the project is designed to deliver strong rentability, durable income, and multiple exit strategies for the next owner. The design is distinctive: a stepped roofline and high ceilings that gives each unit architectural identity. For builders, developers, and private investors seeking yield, basis control, and a defined path to stabilization, this project represents a compelling shovel-ready opportunity with economics that are easy to underwrite and a location positioned for long-term tenant demand. 9.42% project cap rate UNIT MIX 2 2bed 2 bath units and 3 1 bed 1 bath units 1 1 bed 1 bath affordable

Location

State CA

County San Diego

Area 92115 - San Diego

Zoning RM-1-3

Interior

Interior Features See Remarks

Heating See Remarks

Cooling See Remarks

Fireplace No

Laundry See Remarks

Exterior

Parking Features Driveway, Other

Pool None

View Y/N No

Roof Type See Remarks

Total Parking Spaces 3

Private Pool No

Building

Story 2

Entry Level Two

Water Public

Level or Stories Two

New Construction No

Construction Status Under Construction

Others

Senior Community No

Tax ID 4721612500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Richard Spiering Compass #02015308