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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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4581 Georgia Street, San Diego – $1,585,000

  • $1.6M Price
  • .12 Acres
  • 3 DOM
  • $1.6M Price
  • .12 Acres
  • 3 DOM

4581 Georgia Street

Set on a 5,249 SF lot in one of San Diego's most sought-after urban neighborhoods, this well-maintained, fully leased, independently metered triplex delivers compelling income from day one. Multi-family inventory in University Heights is critically constrained and properties like this rarely come to market. Main House — 1,334 SF | 3BD/2BA | Bonus office/flex space, enclosed sunroom, in-unit laundry, full kitchen, large porch, and unique finishes throughout. Unit A — 529 SF | 1BD/1BA | Full kitchen, quality appliances, laminate flooring, light and bright Unit B — 546 SF | 1BD/1BA | Full kitchen, quality appliances, laminate flooring, charming and well cared for Pro forma rents have potential reach $9,400/month, $112,800 annually — representing $2,210/month in projected upside as leases roll to market. Estimated pro forma cap rate: 4.36%. On-site laundry, 615 SF storage, 4 parking spaces, 3 are covered carport spaces with storage and alley access. University Heights delivers walkable Park Boulevard living — independent restaurants, craft breweries, coffee shops, and live music steps away. Old Trolley Barn Park nearby. Kensington, Normal Heights, Hillcrest, and North Park all within easy reach. Balboa Park moments away. Downtown 15–25 min via CA-163/I-8. SAN Airport is under 5 miles away. Strong rental demand supported by proximity to SDSU, USD, downtown employment, and the medical corridor. Whether you're an investor or a buyer ready to house-hack your way into San Diego — 4581 Georgia Street is the phenomenal opportunity you have been searching for.

Essential Information

  • MLS® #NDP2602771
  • Price$1,585,000
  • Bathrooms0.00
  • Acres0.12
  • Year Built1977
  • TypeResidential Income
  • StatusActive

Community Information

  • Address4581 Georgia Street
  • Area92116 - Normal Heights
  • CitySan Diego
  • CountySan Diego
  • Zip Code92116

Amenities

  • Parking Spaces4
  • PoolNone

Interior

  • AppliancesDryer, Washer
  • # of Stories2

Exterior

  • Lot DescriptionZeroToOneUnitAcre

Additional Information

  • Date ListedFebruary 28th, 2026
  • Days on Market3
  • ZoningR-M

Listing Details

  • AgentTanya Parks
  • OfficeCompass
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Tanya Parks, Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of March 26th, 2026 at 7:41am 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.