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… Read More 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 Read Less
Listing Snapshot
Days Online
4
Last Updated
Property Type
SingleFamilyResidence
Beds
8
Full Baths
8
Square Ft.
3,194
Year Built
1929
MLS Number
260016590SD
Additional Details
Building
Built in 1929, Living area: 3194.0, 2 stories, Levels: Two
Cooling
SeeRemarks
Heating
SeeRemarks
Interior Features
SeeRemarks
Laundry
SeeRemarks
Parking
3 open parking spaces, 3 total parking spaces, Driveway
Pool
None
Property
UnderConstruction
Roof
SeeRemarks
Taxes
Parcel Number: 4721612500, Zoning: RM-1-3
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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