Franz Rodriguez - Desert Lifestyle Properties Logo
$875,000
 $4,697 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 #260016590SD
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1929
Days On Site51
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:
$875,000
low | high
Med:
$632,450
77.72% of Average
sqft:
3,194
low | high
Med:
891
100% of Average
$ / sqft:
$274
low | high
Med:
$713
100% of Average
On site:
51
low | high
Med:
44
100% of Average
Sourced by Back At You

Market Activity 92115

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Contact

Learn More About This Property

Franz Rodriguez

Franz Rodriguez

Desert Lifestyle Properties

02002804 (951) 206-8296franzpsrealtor@gmail.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 San Diego
Community NameCity Heights
Listing VS Median (in City Heights)
Price:
$875,000
low | high
Med:
$632,450
77.72% of Average
sqft:
3,194
low | high
Med:
891
100% of Average
$ / sqft:
$274
low | high
Med:
$713
100% of Average
On site:
51
low | high
Med:
44
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $656K - $1.93M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
4154 58 ESTRELLA Avenue Property Photo 1
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3827 Winona Ave Property Photo 1
$1,325,000
3827 Winona Ave
San Diego, CA 92105
Listing Updated: August 28, 2026 at 7:51:55 AM PDT