Turn key, Rare Opportunity, Updated 2 Unit property in the Highly coveted 92116 zip code of University Heights! Location, Location! This rare find features 2 meticulously updated units. Offering incredible potential whether you're an investor looking for rental income or an end user wanting to offset your mortgage. Both units are currently rented. Do NOT disturb tenants. Shown with accepted offer. Call for details. SHORT TERM RENTALS OK IN THIS AREA. Great News! The City of San Diego has reconfigured the parking on this street. They have gone from parallel parking to perpendicular parking. There is now an abundance of parking. Charming completely renovated front unit with New Premium Flooring, New kitchen, , New Stainless Steel appliances, New Countertops , New Cabinets . New Windows, Newer Roof, 3 new heat/ac Split Systems in each bedroom and Living room. Primary features a spacious walk-in closet. This unit also offers a charming front yard with a cozy porch. Lower unit has been updated with New Premium flooring, Fresh Paint, New Windows, 2 Heat/AC split systems. Large Living area and Bedroom.Updated Bathroom. Double storage also. Don't Miss out, this is a gem.
Sold for $1,130,000
Listed by: Coldwell Banker West • Richard Goodman • Contact: 619-871-0900
Bought with: RE/MAX Connections
$1,130,000
4518 Arizona St, San Diego, CA 92116
3beds
3baths
1,368sqft
Multi Family
Built in 1927
-- sqft lot
$1,132,700 Zestimate®
$826/sqft
$4,382 Estimated rent
Home value
$1,132,700
$1.04M - $1.22M
$4,382/mo
Zestimate® history
Owner options
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$4,382/mo
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$7,152/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Richard Goodman DRE #01173208 goodricman@gmail.com,
Coldwell Banker West
Bought with:
Spencer Soto, DRE #01995231
RE/MAX Connections
Source: CRMLS,MLS#: PTP2507995
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Appliances
- Included: Dryer, Washer
- Laundry: Outside, See Remarks
Features
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,368
- Total interior livable area: 1,368 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
Lot
- Size: 2,086 Square Feet
- Dimensions: 2086
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4451612100
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Biking, Curbs, Street Lights, Sidewalks
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $826/sqft
- Tax assessed value: $826,200
- Annual tax amount: $10,898
- Date on market: 10/22/2025
- Cumulative days on market: 98 days
- Listing terms: Cash,Conventional,FHA
- Total actual rent: 6190
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Sold | $1,130,000-1.7%$826/sqft |
Source:  CRMLS #PTP2507995 Report a problem | ||
| 2/3/2026 | Contingent | $1,149,000$840/sqft |
Source: CRMLS #PTP2507995 Report a problem | ||
| 10/22/2025 | Price change | $1,149,000-2.2%$840/sqft |
Source: CRMLS #PTP2507995 Report a problem | ||
| 6/23/2025 | Price change | $1,175,000-2%$859/sqft |
Source:  SDMLS #PTP2501818 Report a problem | ||
| 11/15/2024 | Listed for sale | $1,199,000+52.7%$876/sqft |
Source: CRMLS #PTP2407048 Report a problem | ||
| 11/3/2023 | Sold | $785,000$574/sqft |
Source: SDMLS #230017538 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,898 +9.2% | $826,200 +2% |
| 2024 | $9,983 +489.8% | $810,000 +498.3% |
| 2023 | $1,693 +2.7% | $135,376 +2% |
| 2022 | $1,648 +0.7% | $132,722 +2% |
| 2021 | $1,637 +1.2% | $130,121 +1% |
| 2020 | $1,617 +4% | $128,787 +2% |
| 2019 | $1,556 +4.6% | $126,262 +2% |
| 2018 | $1,487 +2.4% | $123,787 +2% |
| 2017 | $1,452 +1.7% | $121,361 +2% |
| 2016 | $1,427 +1.5% | $118,983 +1.5% |
| 2015 | $1,406 +1.5% | $117,197 +2% |
| 2014 | $1,385 | $114,902 +0.5% |
| 2013 | -- | $114,384 +2% |
| 2012 | -- | $112,142 +2% |
| 2011 | -- | $109,944 +0.8% |
| 2010 | -- | $109,123 -0.2% |
| 2009 | -- | $109,383 +2% |
| 2008 | -- | $107,239 +12.5% |
| 2002 | -- | $95,355 +2% |
| 2001 | -- | $93,487 |
Find assessor info on the county website
Neighborhood: North Park
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Nearby schools
GreatSchools rating
- 7/10Garfield Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Roosevelt International Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10San Diego High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$1,132,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,132,700
- California
- San Diego County
- San Diego
- 92116
- North Park
- 4518 Arizona St
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