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4286 51st Street

San Diego CA 92115

8
8
3
3194 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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

Features

8 bedrooms
8 bathrooms
3 carspaces
3194 sq. ft. floor area
Single-Family

Property history for 4286 51st Street

2024
Sold
$429,000
12 Dec 2024 by Charles Murch, of Berkshire Hathaway HomeService

Happy sellers in San Diego

<50%
Less than 50% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in San Diego over the last 12 months.

Local market activity for 8 bedroom single-family properties in San Diego

In the last 12 months, 3 eight-bedroom single-family properties similar to 4286 51st Street, have been sold.

This represents a 60% increase in eight-bedroom single-family properties sales when compared to the previous 12 months.

RateMyAgent
Sales:
(619) 566-0008
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