$780,000

4286 51St St San Diego, CA 92115

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8 bd · 8.0 ba · 3,194 sqft · $244/sqft

Residential · Single Family Residence · Built 1929 · 1 day on Properkey

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

Agent & source

Listed by
Richard Spiering
Brokerage
Compass
DRE
#02015308
MLS # 260025739SD Source CRMLS

Property details

Rooms & Layout

Levels
Two
Bedrooms
8
Bathrooms
8.0 (8 full)
Laundry
See Remarks

Building & Construction

Construction Materials
Other
Roof
See Remarks

Exterior & Parking

Parking
Other, Driveway

Interior & Comfort

Heating
See Remarks
Cooling
See Remarks

Utilities

Water Source
Public

Nearby

Active Pending Closed Rental

School information not available for this property.

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-27 02:22:22 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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