Overview

  • Residential
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 0
  • Garage
  • 3194
  • Sqft
  • 836677
  • Property ID

Description

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

Details

Updated on July 22, 2026 at 7:13 am
Listed by Richard Spiering, Compass
  • Property ID: 836677
  • Price: $875,000
  • Property Size: 3194 Sqft
  • Bedrooms: 8
  • Bathrooms: 8
  • Garage: 0
  • Year Built: 1929
  • Property Type: Residential
  • Property Status: Active

Features

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