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David Hussain

david@listedbydavid.com +1(858) 215-3512

$ 875,000

Est. payment -/mo

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Active

4286 51st St San Diego, CA 92115

8 Beds

8 Baths

3,194 SqFt

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

Listed by Richard J Spiering, DRE#02015308 Compass

NEARBY SCHOOL & BUSINESS

+1(858) 215-3512

david@listedbydavid.com

2535 Camino Del Rio S #240, San Diego, CA, 92108, USA

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