| 4286 51st St San Diego CA 92115 | |
| Price | $ 780,000 |
| Listing ID | 260025739SD |
| Status | Active |
| Property Type | Single Family Residence |
| County | San Diego |
| Neighborhood | City Heights |
| Beds | 8 |
| Baths | 8 |
| House Size | 3194 |
| Year Built | 1929 |
| Days on website | 3 |
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
Financial Information
List Price: $ 780000
Property Features
Construction Materials: Other
Levels: Two
Parking Features: Driveway, Other
Senior Community YN: false
Water Source: Public
MLS Area Major: 92115 - San Diego
City: San Diego
Senior Community YN: false
Listed By:
Richard Spiering
Compass
Co-listed by Knute Brookshier
CA Lic#
Co-listed by Knute Brookshier
CA Lic#
