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
- Swimming Pool:
- N/K
- Heating System:
- Other/Remarks
- Cooling System:
- Other/Remarks
- Fence:
- Other/Remarks
- Parking:
- None Known
- Laundry Features:
- Other/Remarks
- Sewer:
- Public Sewer
- Appliances:
- Other/Remarks
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- CITY HEIGHTS
- Zipcode:
- 92115
- Street:
- 51st St
- Street Number:
- 4286
- Longitude:
- W118° 54' 54.1''
- Latitude:
- N32° 45' 16.7''
- Mls Area Major:
- Metro Uptown
- Zoning:
- RM-1-3
- Office Name:
- Compass
- Agent Name:
- Richard J Spiering
- Building Size:
- 3194
- Construction Materials:
- Other/Remarks
- Levels:
- 2 Story
- On Market Date:
- 2026-07-07
- Stories Total:
- 2
- Water Source:
- Public
- Co List Agent Full Name:
- Knute Brookshier
- Co List Agent Mls Id:
- 665469
- Co List Office Mls Id:
- 991248
- Co List Office Name:
- Compass
- List Agent Mls Id:
- 675979
- List Office Mls Id:
- 991248
- Listing Term:
- Cash, Conventional
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-07-08T21:30:41Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential For Sale 8 Bedrooms 4286 51st St, San Diego, CA 92115 - Scottway - San Diego Real Estate
4286 51st St, San Diego, CA 92115
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 260016590
- Price :
- $875,000
- Bedrooms :
- 8
- Bathrooms :
- 8
- Square Footage :
- 3,194
- Year Built :
- 1929
- Status :
- Active
- Full Bathrooms :
- 8
- Property Sub Type :
- Detached
- Roof:
- Other/Remarks
