4286 51st St, San Diego, CA 92115

Beds

Baths

3,194

Sq ft

$244

Per sq ft

About this home

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

Type

Single Family Residence

Year built

1929

Lot

—

Garage

—

HOA

None

Pool

View

—

Solar

—

Estimated payment

$4,919/mo

Principal & interest$3,944
Property tax (est.)$748
Home insurance (est.)$228

Down payment: 20% ($156,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Richard Spiering, Compass. MLS# 260025739SD. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 9:30 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.