For Sale House MLS# 260016590SD

4286 51st St

San Diego, CA 92115

$875,000

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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

Property details

Property

Type
single
Year built
1929
Living area
3,194 sqft
Price / sqft
$274
List date
Jul 7, 2026

Schools

District
San Diego City Unified School District

Location

Subdivision
City Heights
Neighborhood
Colina Del Sol

Location

Neighborhood
Colina Del Sol
Subdivision
City Heights
School district
San Diego City Unified School District

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Listed by Richard Spiering, Compass

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.