4286 51st St, San Diego CA 92115 | $875,000

  • 8 bedrooms
  • 8 bathrooms
  • 3,194 Sq Ft
  • Lot Sq Ft
  • Type: Residential
  • Stories:
  • Year Built: 1929
  • MLS#: 260016590
  • Community: Colina Park

Listing provided courtesy of Richard Spiering of Compass. Last updated . Listing information © 2025 SANDICOR.

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

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Johnny Noris

Call or Text: 858.349.7170