4286 51st St, CITY HEIGHTS, CA

$875,000

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8

Beds

8

Baths

3,194

Square feet

About 4286 51st St

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

Features of 4286 51st St

MLS® # 260016590
Price $875,000
Bedrooms 8
Bathrooms 8.00
Full Baths 8
Square Footage 3,194
Year Built 1929
Type Residential
Sub-Type Detached
Status Active

Community Information

Address 4286 51st St
Area SAN DIEGO (92115)
Subdivision Colina Park
City CITY HEIGHTS
County San Diego
State CA
Zip Code 92115

Amenities

Parking Spaces 3
Parking None Known
Is Waterfront No
Has Pool No
Pool N/K

Interior

Appliances Other/Remarks
Heating Other/Remarks
Cooling Other/Remarks
Fireplace Yes
Stories 2 Story

Exterior

Roof Other/Remarks
Construction Other/Remarks

Additional Information

Date Listed July 7th, 2026
Days on Market 1
Zoning RM-1-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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