4286 51st St, San Diego, CA 92115
List Price: $875K
Listing Status: Active
0Days on Market: 0
8 Bedrooms · 8 Bathrooms · 3,194 sq ft
Property Type: Residential
Year Built: 1929
Private Pool: Yes
MLS Number: 260016590SD
About This Property
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 provided by: Richard Spiering DRE #02015308 619-353-5799 Richard.spiering@compass.com, Compass
Source: CRMLS, MLS #: 260016590SD
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