LKV Realty
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$875,000
$4,400Reward *
4286 51st St, San Diego, CA 92115Listing ID 260016590SD

4286 51st St, San Diego, CA 92115

Active
City Heights
Time on site: 36 days • Last updated: Jul 8, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
8
Square Feet
Square Feet
3,194
Days on Site
Days on Site
34
Cooling
Cooling
See Remarks
Heating
Heating
See Remarks
Year Built
Year Built
1929
Stories
Stories
2
Parking
Parking
Driveway, Other

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

Property Information

Property Details

Location

Address
4286 51st St
County
San Diego
City
San Diego
Zip Code
92115
Subdivision
City Heights
MLS Area
92115 - San Diego

Interior Features

Beds and Baths

Bedrooms
8
Full Bathrooms
8

Building

Building Information

Square Feet
3,194
Year Built
1929
Stories
2
Construction
Other
Roof
See Remarks
Condition
Under Construction
Richard Spiering • Compass, (619) 353-5799

Market Report for 92115

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

SAND-675979 • SAND-665469