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4286 51st St, San Diego, CA 92115

$780,000

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New to the Market Active

BEDS8 BATHS8 full SQUARE FEET3,194 MLS#260025739SD

STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCity Heights

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Listing Courtesy of: Compass
Agency Phone: 619-353-5799
Associate Name: Richard Spiering

Listing Shown by: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000

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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

4286 51st St | MLS# 260025739SD

This single family home located at 4286 51st St, San Diego, CA 92115 is currently listed for sale with an asking price of $780,000. This property was built in 1929 and has 8 bedrooms and 8 full baths with 3194 sq. ft. 51st St is located in the City Heights subdivision. Search City Heights real estate on www.cce-escrow.com today.

Property Features

Property Type: Residential - Single Family

Cooling: See Remarks

Heating: See Remarks

Roof Type: See Remarks

Stories: 2.0

Year Built: 1929

Amenities

See Remarks

Feature Descriptions

Days on Site: 5

Laundry: See Remarks

Parcel#: 4721612500

Parking: Driveway, Other

Parking Notes: Driveway, Other

Water: Public

Listed By / Shown By

Listed By

Agency Name: Compass
Agent Name: Richard Spiering
Agency Phone: 619-353-5799

Shown By

Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000

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Estimated Payment

$ 1,963.44 per month $1,735.94 Principal & Interest $0.00 Property Tax (data not provided by mls) $227.50 Homeowner's Insurance

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4286 51st St, San Diego, CA 92115

$780,000

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/01/2026. The listing information on this page last changed on 11/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 11/01/2026 12:00:11 AM EST) or CRMLS (last updated Sat 10/31/2026 11:50:27 PM EST) or GEMLS (last updated Sat 10/31/2026 11:13:17 PM EST) or Tehachapi MLS (last updated Sat 10/31/2026 11:05:27 PM EST). Real estate listings held by brokerage firms other than Watson Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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