Exceptional multi-family investment opportunity in the heart of University Heights. 4480–4486 Texas St features four upgraded units, including one 2BR/1BA and three 1BR/1BA residences, thoughtfully improved for long-term performance and tenant appeal. Each bungalow offers remodeled kitchens new appliances and dishwashers, remodeled baths, in-unit laundry, private fenced outdoor space, and modern conveniences throughout. Extensive improvements include new copper plumbing and PVC drains to the alley, updated HVAC systems, French drains with sump pumps, and a new roof and gutters on 4486. Exterior upgrades include fresh paint, new fencing, and private patios for all units. Additional highlights include split-system HVAC, tankless water heaters (3 units), 4486 has EV charging, and three off-street parking spaces. Ideally located near vibrant dining, shopping, and transit, this turnkey asset blends strong rental fundamentals with future upside in one of San Diego’s most desirable urban neighborhoods. Property consists of four detached bungalow-style units with strong income and significant capital improvements completed. All units are individually metered and feature in-unit laundry and private outdoor spaces. Recently updated kitchens and baths in all units. Desirable central location with walkable access to retail, dining, and transit.
For sale
Price cut: $105K (6/11)
$1,995,000
4480-86 Texas St, San Diego, CA 92116
5beds
--sqft
:
Get pre-qualified$13,320/mo
Multi Family
Built in 1925
-- sqft lot
$2,002,800 Zestimate®
$--/sqft
$-- HOA
What's special
Four detached bungalow-style unitsNew roof and guttersModern conveniences throughoutNew appliances and dishwashersFresh paintRemodeled bathsRemodeled kitchens
- 123 days |
- 174 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Sally Schoeffel DRE #00523223 619-884-0701,
Compass,
Elizabeth Callaway DRE #00984247 619-820-0151,
Compass
Source: SDMLS,MLS#: 260007432
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Other/Remarks
Interior area
- Total structure area: 0
Video & virtual tour
Property
Features
- Levels: 1 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Full
Lot
- Size: 6,996 Square Feet
Details
- Parcel number: 4452322700
- Special conditions: Call Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1925
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Security: Other/Remarks
- Subdivision: UNIVERSITY HEIGHTS
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,857,113
- Annual tax amount: $23,809
- Date on market: 3/30/2026
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Gas/Propane, Hot Water
Estimated market value
$2,002,800
$1.90M - $2.10M
$4,014/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $1,995,000-5% |
Source:  SDMLS #260007432 Report a problem | ||
| 4/18/2026 | Price change | $2,100,000-15.8% |
Source: SDMLS #260007432 Report a problem | ||
| 3/30/2026 | Listed for sale | $2,495,000+42.6% |
Source: SDMLS #260007432 Report a problem | ||
| 3/3/2022 | Sold | $1,750,000+239.8% |
Source: Public Record Report a problem | ||
| 5/31/2011 | Sold | $515,000-31.8% |
Source: Public Record Report a problem | ||
| 6/16/2006 | Sold | $755,000+571.1% |
Source: Public Record Report a problem | ||
| 3/16/1999 | Sold | $112,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,809 +6.3% | $1,857,113 +2% |
| 2024 | $22,406 +2.3% | $1,820,700 +2% |
| 2023 | $21,912 +188.1% | $1,785,000 +187.1% |
| 2022 | $7,605 +0.7% | $621,741 +2% |
| 2021 | $7,553 +1.2% | $609,551 +1% |
| 2020 | $7,462 +2.4% | $603,302 +2% |
| 2019 | $7,287 +6.3% | $591,473 +2% |
| 2018 | $6,853 +2.4% | $579,877 +2% |
| 2017 | $6,689 +1.7% | $568,508 +2% |
| 2016 | $6,580 +1.5% | $557,361 +1.5% |
| 2015 | $6,483 +1.6% | $548,990 +2% |
| 2014 | $6,383 | $538,237 +0.5% |
| 2013 | -- | $535,806 +2% |
| 2012 | -- | $525,300 -34.8% |
| 2011 | -- | $805,327 +0.8% |
| 2010 | -- | $799,309 -0.2% |
| 2009 | -- | $801,209 +2% |
| 2008 | -- | $785,500 +2% |
| 2007 | -- | $770,099 +496.7% |
| 2006 | -- | $129,053 +2% |
| 2005 | -- | $126,524 +2% |
| 2004 | -- | $124,044 +1.9% |
| 2003 | -- | $121,772 +2% |
| 2002 | -- | $119,385 +2% |
| 2001 | -- | $117,045 |
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.Climate risks
Neighborhood: University Heights
Nearby schools
GreatSchools rating
- 7/10Garfield Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Roosevelt International Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10San Diego High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- District: San Diego Unified School Distric
Source: SDMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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