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
In The Neighborhood
San Diego
$ 859,000
- Type
- Single Family
- Size
- 1,856 SqFt
- Rooms
- 4 Beds + 2 Baths
San Diego
$ 925,000
- Type
- Single Family
- Size
- 324 SqFt
- Rooms
- 4 Beds + 1 Baths
San Diego
$ 799,000
- Type
- Single Family
- Size
- 1,358 SqFt
- Rooms
- 3 Beds + 2 Baths
San Diego
$ 690,000
- Type
- Single Family
- Size
- 1,209 SqFt
- Rooms
- 2 Beds + 2 Baths
San Diego
$ 625,900
- Type
- Single Family
- Size
- 945 SqFt
- Rooms
- 2 Beds + 1 Baths
San Diego
$ 775,000
- Type
- Single Family
- Size
- 825 SqFt
- Rooms
- 2 Beds + 1 Baths
San Diego
$ 825,000
- Type
- Single Family
- Size
- 1,088 SqFt
- Rooms
- 3 Beds + 1 Baths
San Diego
$ 639,000
- Type
- Single Family
- Size
- 837 SqFt
- Rooms
- 2 Beds + 1 Baths
San Diego
$ 1,399,000
- Type
- Single Family
- Rooms
- 0 Beds + 1 Baths
San Diego
$ 819,000
- Type
- Single Family
- Size
- 1,081 SqFt
- Rooms
- 3 Beds + 3 Baths
Based on information from California Regional Multiple Listing Service, Inc. as of September 13, 2026 5:45 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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