Listed By:
Richard Spiering with Compass;
Address
4286 51st St, San Diego, CA
Price
$ 875,000
Property Attributes
  • MLS#260016590SD
  • TypeSingle Family
  • Listing Status Active
  • CountySan Diego
  • CitySan Diego
  • Area San Diego
  • NeighborhoodCity Heights
  • Zip92115
  • Style
  • Year Built1929
  • Price$ 875,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage3194
Data Source:
California Regional MLS (CRMLS)
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

Price History
7/8/2026 Listed $875,000

General Features

Living Area 3194
Heating See Remarks
Cooling See Remarks
Roof See Remarks
Zoning RM-1-3
Pool Features None
Construction Materials Other
Year Built 1929
Stories Count 2
Levels Two
Property Subtype Single Family Residence
County San Diego
New Construction false
Property Type Residential
HOA false
Subdivision Name City Heights
Garage Y/N false
Full Baths 8
Status Active
Directions Cross Street: Trojan Ave.
City San Diego
Senior Community Y/N false
Open Parking Spaces 3
MLS Area 92115 - San Diego
Listing Terms Cash,Conventional
Property Attached Y/N false
Land Lease Y/N false
Property Condition Under Construction
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
PostalCity SAN DIEGO

Interior Features

Interior Amenities See Remarks
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features See Remarks
Total Bedrooms 8
LivingAreaSource Plans
Total Baths 8

Exterior Features

Parking Features Driveway,Other
Water Source Public
Total Parking 3
Spa false
Private Pool false
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92115

Price
AVG $1.13M
$880K
Year Built
AVG 1953
1929

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