New Construction
Address
4286 51st St, San Diego, CA
Price
$ 875,000
Property Attributes
  • MLS#260016590
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountySAN DIEGO
  • CitySan Diego
  • AreaCITY HEIGHTS
  • NeighborhoodColina Park
  • Zip92115
  • StyleDetached
  • Year Built1929
  • Price$ 875,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage3194
Data Source:
San Diego Regional MLS (SDMLS)
Property 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

Price History
7/8/2026 Listed $875,000

General Features

Sewer Public Sewer
Heating Other/Remarks
Cooling Other/Remarks
Roof Other/Remarks
Appliances Other/Remarks
Zoning RM-1-3
HOA Fee 0.0
Garage Spaces 0.0
Pool Features N/K
Construction Materials Other/Remarks
Year Built 1929
Levels 2 Story
Property Subtype Detached
County San Diego
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name CITY HEIGHTS
Full Baths 8
Status ACTIVE
City San Diego
Senior Community Y/N No
MLS Area Metro Uptown
Lot Size Units Acres
Property Attached Y/N No
Property Condition Under Construction
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Freehold IDX

Interior Features

Total Stories 2
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Laundry Features Other/Remarks
Total Bedrooms 8
Total Baths 8

Exterior Features

Fencing Other/Remarks
Parking Features None Known
Water Source Public
Total Parking 3.0
Lot Size Area 0.0
Building Area Total 3194.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92115

Price
AVG $1.12M
$880K
Year Built
AVG 1954
1929
Visits
AVG 61
51
Data Provided by Inside Real Estate®

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