For sale Home

Listed Oct 27, 2026

$780,000 Est. $5,159/mo

4286 51st Street

  • 8

    Beds

  • 8

    Baths

  • 3,194

    Sq ft

The story

  • Pool

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

Facts & features

Home type

Home

Year built

1929

Floors

2

Price per sq ft

$244

Included features

  • Pool

    Yes

  • Cooling

    Other/Remarks

  • Heating

    Other/Remarks

  • Appliances

    Other/Remarks

  • Roof

    Other/Remarks

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$5,159 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,151
  • Property tax $780
  • Insurance $228

Includes principal, interest, taxes & insurance.

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Listing Broker

Compass

Broker Name

Compass

Agent

Richard J Spiering

Location

San Diego CA 92108