New Listing
$780,000
 $4,187 est/mo Sourced by Back At You

4286 51st St,San Diego, CA 92115

San Diego, CA 92115

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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

Details

MLS #260025739SD
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1929
Days On Site5
Listing Provided ByCompass | Richard Spiering

Features

Bed(s)8
Bath(s) 8 Total
SQ Feet3,194
Story(s)2
ZoningRM-1-3

Interior

CoolingSee Remarks
HeatingSee Remarks
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesSee Remarks
Fireplace Yes / NoNo

Exterior

RoofSee Remarks
Construction MaterialsOther

Parking

Parking FeaturesDriveway, Other
Garage Yes / NoNo

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 San Diego
Community NameCity Heights
Listing VS Median (in City Heights)
Price:
$780,000
low | high
Med:
$590,000
74.358974358974% of Average
sqft:
3,194
low | high
Med:
624
100% of Average
$ / sqft:
$244
low | high
Med:
$946
100% of Average
On site:
5
low | high
Med:
38
13.157894736842% of Average
Sourced by Back At You

Market Activity 92115

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Learn More About This Property

StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 San Diego
Community NameCity Heights
Listing VS Median (in City Heights)
Price:
$780,000
low | high
Med:
$590,000
74.358974358974% of Average
sqft:
3,194
low | high
Med:
624
100% of Average
$ / sqft:
$244
low | high
Med:
$946
100% of Average
On site:
5
low | high
Med:
38
13.157894736842% of Average
Sourced by Back At You
Listing Updated: October 27, 2026 at 2:34:49 PM PDT