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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

4286 51st St, San Diego – $875,000

  • 8 Beds
  • 8 Baths
  • 3,194 Sqft
  • 30 DOM
  • 8 Beds
  • 8 Baths
  • 3,194 Sqft
  • 30 DOM

4286 51st St

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

Essential Information

  • MLS® #260016590SD
  • Price$875,000
  • Bedrooms8
  • Bathrooms8.00
  • Full Baths8
  • Square Footage3,194
  • Acres0.00
  • Year Built1929
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address4286 51st St
  • Area92115 - San Diego
  • SubdivisionCity Heights
  • CitySan Diego
  • CountySan Diego
  • Zip Code92115

Amenities

  • Parking Spaces3
  • ParkingDriveway, Other
  • GaragesDriveway, Other
  • PoolNone

Interior

  • Interior FeaturesSee Remarks
  • HeatingSee Remarks
  • CoolingSee Remarks
  • # of Stories2
  • StoriesTwo

Exterior

  • ExteriorOther
  • RoofSee Remarks
  • ConstructionOther

Additional Information

  • Date ListedJuly 7th, 2026
  • Days on Market30
  • ZoningRM-1-3

Listing Details

  • AgentRichard Spiering
  • OfficeCompass
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Richard Spiering, Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of August 7th, 2026 at 9:26pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.