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4286 51st St San Diego, CA 92115
$875,000 8 beds, 8 baths
3, 194 sqft
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Photo of Thomas Van

Thomas Van REALTORĀ® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
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Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Agent Remarks

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

Listing Details

Property type: Detached (Single Family)
Status: ACTIVE
MLS# 260016590
List price is $875,000
HOA Fee is $0.00
Beds: 8
Baths: 8 (8 full)
Built in 1929
3,194 sqft
2 stories
0.00 acres
Subdivision: CITY HEIGHTS
County: San Diego
Zoning: RM-1-3
Parking type: None Known
Construction: Other/Remarks
Appliances: Other/Remarks
Parking description: None Known
Heating description: Other/Remarks
MLS area: Metro Uptown

Last Updated: 8/6/2026

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This listing belongs to the Metro Uptown MLS area

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Lat/Long: 32.754641, -117.084972.
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Listing Agent: Richard J Spiering
Co Listing Agent: Knute Brookshier
Lic#: 02077006
Office Name: San Diego Central

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Photo of Thomas Van

Thomas Van REALTORĀ® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com

San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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