Property Description

This exceptional property presents a rare investment opportunity in one of San Diego’s most desirable neighborhoods.  The property combines a beautifully remodeled Spanish-style 2-bedroom, 2-bathroom home with two fully furnished, remodeled studios.  The main house is charming Spanish-style home with timeless craftsmanship and Mediterranean features. It boasts beautiful Italian hardwood floors, a remodeled kitchen with Italian tile backsplash and custom wood cabinetry, beamed ceilings, and new Pella windows.  One studio is located above the garage and features a cantina door opening to an outdoor balcony, as well as a wet bar, refrigerator, and built-in Murphy bed.  The bottom studio is a converted garage and has similar amenities. The property features mature landscaping, fruit trees (lemon, fig, pomegranate, passion fruit), and Spanish outdoor tile and new fencing for privacy and peaceful relaxation.  Fully permitted plans are in place to add a second-floor ADU (Accessory Dwelling Unit) with a separate address, ready for immediate construction.  Live in one unit, rent out the others, and maximize your income by adding the planned ADU.  Just steps from Trolley Barn Park, cafes, restaurants, shopping and nightlife. Close to freeway access, 5 minute drive to Balboa Park and Downtown San Diego, this property has it all.

Features
Heating System:
Combination Heating
Cooling System:
Other/Remarks
Fence:
Full, Gate
Address Map
Country:
US
State:
CA
County:
SD
City:
San Diego
Community:
UNIVERSITY HEIGHTS
Zipcode:
92116
Street:
Alabama
Street Number:
4621
Longitude:
W118° 51' 27.7''
Latitude:
N32° 45' 41.3''
Directions:
Heading 8E, Texas St to Madison St, Rt on Madison, Rt on Alabama St.
Mls Area Major:
Metro Uptown
Additional Info
Office Name:
Proptero Holdings, Inc.
Agent Name:
Mathieu Pollenz
Additional Information
Building Size:
1765
Community Features:
N/K
Construction Materials:
Stucco
Levels:
2 Story
Number Of Units Total:
3
Stories Total:
2
Virtual Tour:
https://visithome.ai/Spd6zqaDJHT2vv82LmK3N5?mu=ft&m=0&t=1754952709
Water Source:
Meter on Property
Listing Information
Co List Agent Full Name:
Brenda Dalloul
Co List Agent Mls Id:
642112
Co List Office Mls Id:
69375
Co List Office Name:
Keller Williams La Jolla
List Agent Mls Id:
703888
List Office Mls Id:
992343
Listing Term:
Cash,Conventional,FHA,VA
Mls Status:
ACTIVE
Modification Timestamp:
2025-09-26T23:46:07Z
Originating System Name:
SDMLS
Special Listing Conditions:
N/K

Residential Income

4621 Alabama, San Diego, CA 92116

2 Bedrooms
4 Bathrooms
$1,499,000
Listing ID #250036494
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
250036494
Price :
$1,499,000
Bedrooms :
2
Bathrooms :
4
Year Built :
1927
Status :
Active
Full Bathrooms :
4
Property Sub Type :
Res Income 2-4 Units
Roof:
Rock/Gravel, Tile/Clay
Contact Agent
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