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For sale
    • $875,000

    4286 51st St, San Diego, CA 92115

    8beds
    3,194sqft
    : 
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    Single Family Residence
    Built in 1929
    -- sqft lot
    $861,600 Zestimate®
    $274/sqft
    $-- HOA

    What's special

    Architectural identityHigh ceilingsStepped roofline
    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
    9 days
    |
    797
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard J Spiering DRE #02015308 619-540-3483,

    Compass,

    Knute Brookshier DRE #01949806 619-916-1574,

    Compass

    Source: SDMLS,MLS#: 260016590MLS LogoOriginating MLS: SDMLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Other/Remarks
      Cooling
      • Other/Remarks
      Appliances
      • Included: Other/Remarks
      • Laundry: Other/Remarks
      Interior area
      • Total structure area: 3,194
      • Total interior livable area: 3,194 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: None Known
      Features
      • Levels: 2 Story
      • Pool features: N/K
      • Fencing: Other/Remarks
      Details
      • Parcel number: 4721612500
      • Zoning: RM-1-3
      • Zoning description: RM-1-3

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Other/Remarks
      • Roof: Other/Remarks
      Condition
      • Under Construction
      • Year built: 1929

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: CITY HEIGHTS
      Location
      • Region: San Diego

      Financial & listing details

      • Price per square foot: $274/sqft
      • Tax assessed value: $429,000
      • Annual tax amount: $5,951
      • Date on market: 7/7/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $861,600

        $819,000 - $905,000

        $3,545/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$875,000+104%$274/sqft
        Source: SDMLS #260016590 Report a problem
        12/12/2024Sold$429,000-18.3%$134/sqft
        Source: SDMLS #240014985 Report a problem
        10/10/2024Pending sale$525,000$164/sqft
        Source: SDMLS #240014985 Report a problem
        9/26/2024Price change$525,000-16%$164/sqft
        Source: SDMLS #240014985 Report a problem
        9/12/2024Pending sale$625,000$196/sqft
        Source: SDMLS #240014985 Report a problem
        6/29/2024Listed for sale$625,000+214.1%$196/sqft
        Source: SDMLS #240014985 Report a problem
        1/8/2016Listing removed$1,850$1/sqft
        Source: Paul Hartley Realty Report a problem
        12/19/2015Listed for rent$1,850$1/sqft
        Source: Paul Hartley Realty Report a problem
        3/5/2008Listing removed$199,000$62/sqft
        Source: Prudential California #076091255 Report a problem
        2/9/2008Listed for sale$199,000$62/sqft
        Source: Prudential California #076091255 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,951 +324.7%$429,000 +292.2%
        2024$1,401 +2.3%$109,391 +2%
        2023$1,369 +2.7%$107,248 +2%
        2022$1,334 +0.7%$105,146 +2%
        2021$1,325 +1.2%$103,086 +1%
        2020$1,310 +6.3%$102,030 +2%
        2019$1,232 +2.2%$100,031 +2%
        2018$1,206 +2.4%$98,070 +2%
        2017$1,178 +1.7%$96,148 +2%
        2016$1,158 +1.5%$94,264 +1.5%
        2015$1,142 +1.5%$92,849 +2%
        2014$1,125 $91,031 +0.5%
        2013-- $90,620 +2%
        2012-- $88,844 +2%
        2011-- $87,103 +0.8%
        2010-- $86,453 -0.2%
        2009-- $86,659 +2%
        2008-- $84,961 +2%
        2007-- $83,296 +2%
        2006-- $81,663 +2%
        2005-- $80,063 +2%
        2004-- $78,495 +1.9%
        2003-- $77,057 +2%
        2002-- $75,547 +2%
        2001-- $74,067
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Colina del Sol

        Getting around

        83 / 100
        Very Walkable
        55 / 100
        Good Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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