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Listed by: Richard Spiering (619) 540-3483 DRE #02015308, Knute Brookshier DRE #01949806 | Compass (619) 353-5799
$780,000
Monthly Est:$3,882
8 Beds
8 Baths8 full baths
3,194sqft
4286 51st Street, San Diego, CA 92115
$780,000
$3,882/moEst:
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Single Family Residence
Built in 1929
$-- HOA
-- sqft lot
$244/sq.ft
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
- Houzeo last checked: 3 minutes ago
- Listing updated: October 27, 2026 at 5:20 am
- Source: California Regional MLS-CA | MLS#: 260025739SD
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
1929
HOA Fees
-
Finished Area
3,194 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
260025739SD
MLS Status
Active
Days on Market
3
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Interior
Interior Features
See Remarks
Heating
See Remarks
Cooling
See Remarks
Construction
Year Built
Year Built: 1929
Home type
Single Family Residence
Property Condition
Under Construction
Roof
See Remarks
Construction Materials
Other
Utilities & Energy
Laundry Features
See Remarks
Pool Features
None
Water Source
Public
Parking Features
Driveway, Other
Other Features
Subdivision Name
City Heights
Price History
| Date | Event | Price |
|---|---|---|
07/07/2026 Source: | Listed for Sale | $875,000 $274/sqft |
07/07/2026 Source: | Off Market | $875,000 +103.96% $274/sqft |
12/12/2024 Source: | Sold | $429,000 $134/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 30, 2026, 02:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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