Rare dual-unit income property in the heart of City Heights — priced to move in a market with virtually no two-unit inventory. Two detached units currently generating $3,850 per month and that's the opportunity. At $1,925 per unit, both units are running significantly below of $2,695, leaving nearly $1,700 per month in unrealized income sitting on the table. For the right investor, that gap is the deal. Or Live in one and rent out the Other Unit! On 2 separate SDGE gas and electric meters and 1 water meter. Features a large backyard with 2 sheds. With two long-term tenants in place, the cash flow is stable from day one. The path to market rents runs through lease turnover, strategic renovation, or both and the property supports it. A detached oversized one-car garage offers genuine ADU conversion potential, adding a possible third income stream on top of the upside already built into the existing units. City Heights puts your tenants at the center of everything just minutes from SDSU, downtown San Diego, City College, and some of the county's largest healthcare and government employers. Easy access to the 8, 15, and 805 makes the entire county commutable from a surprisingly quiet, residential pocket of the city. Two-unit properties in this submarket rarely surface. When they do at this price point and with this much room to run — serious investors move fast.
Pending
Listed by: AK Real Estate • Angela Kim • Contact: angiemodern@icloud.com
$780,000
4811 Castle Ave, San Diego, CA 92105
5beds
2baths
1,514sqft
Multi Family
Built in 2013
-- sqft lot
$792,200 Zestimate®
$515/sqft
$-- HOA
What's special
- 73 days
- 40
- 0
Zillow last checked:
Listing updated:
Listed by:
Angela Kim DRE #01931585 angiemodern@icloud.com,
AK Real Estate
Source: CRMLS,MLS#: PTP2604921
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Cooling
- None
Appliances
- Included: Gas Cooking, Refrigerator, Water Heater
- Laundry: Gas Dryer Hookup
Features
- Windows: Double Pane Windows
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,514
- Total interior livable area: 1,514 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Door-Single, Driveway, Garage
- Garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 6,233 Square Feet
- Features: Front Yard, Value In Land
Details
- Parcel number: 4717820700
- Zoning: Rs1-7
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Street Lights, Suburban
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $515/sqft
- Tax assessed value: $616,698
- Date on market: 6/29/2026
- Cumulative days on market: 73 days
- Listing terms: Cash,Conventional,Fannie Mae,VA Loan
- Total actual rent: 2
- Tenant pays: Exterior Maintenance
Estimated market value
$792,200
$753,000 - $832,000
$3,857/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Pending sale | $780,000$515/sqft |
Source: | ||
| 7/11/2026 | Listed for sale | $780,000$515/sqft |
Source: | ||
| 7/10/2026 | Contingent | $780,000$515/sqft |
Source: | ||
| 6/29/2026 | Listed for sale | $780,000+43.9%$515/sqft |
Source: | ||
| 7/23/2018 | Sold | $542,000+740.3%$358/sqft |
Source: | ||
| 7/25/1997 | Sold | $64,500-14%$43/sqft |
Source: Public Record Report a problem | ||
| 2/14/1997 | Sold | $75,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $616,698 +2% |
| 2025 | $8,125 +11.1% | $604,607 +2% |
| 2024 | $7,315 +2.3% | $592,752 +2% |
| 2023 | $7,154 +2.7% | $581,130 +2% |
| 2022 | $6,963 +0.7% | $569,737 +2% |
| 2021 | $6,916 +1.2% | $558,567 +1% |
| 2020 | $6,832 +2.3% | $552,840 +2% |
| 2019 | $6,677 +365.7% | $542,000 +354.5% |
| 2018 | $1,434 +2.4% | $119,257 +2% |
| 2017 | $1,400 +1.7% | $116,920 +2% |
| 2016 | $1,376 +1.5% | $114,629 +1.5% |
| 2015 | $1,356 +1.5% | $112,908 +2% |
| 2014 | $1,336 | $110,698 +0.5% |
| 2013 | -- | $110,199 +2% |
| 2012 | -- | $108,040 +2% |
| 2011 | -- | $105,923 +0.8% |
| 2010 | -- | $105,132 -0.2% |
| 2009 | -- | $105,383 +2% |
| 2008 | -- | $103,318 +2% |
| 2007 | -- | $101,293 +2% |
| 2006 | -- | $99,308 +2% |
| 2005 | -- | $97,362 +2% |
| 2004 | -- | $95,454 +1.9% |
| 2003 | -- | $93,705 +2% |
| 2002 | -- | $91,869 +2% |
| 2001 | -- | $90,069 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Fox Canyon
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