REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$875,000

Est. payment - /mo

8 Beds

8 Baths

3,194 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,194 sqft

Price per Sqft $273

Subdivision City Heights

MLS Listing ID 260016590

Bedrooms 8

Full Baths 8

Year Built 1929

Property Sub-Type Detached

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 Metro Uptown

Zoning RM-1-3

Interior

Heating Other/Remarks

Cooling Other/Remarks

Fireplace No

Appliance Other/Remarks

Laundry Other/Remarks

Exterior

Parking Features None Known

Fence Other/Remarks

View Y/N No

Water Access Desc Public

Roof Type Other/Remarks

Total Parking Spaces 3

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 472-161-25-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info

Listed by Richard J Spiering, DRE#02015308 Compass

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

GET MORE INFORMATION

4286 51st St San Diego, CA 92115