4581 Georgia Street, San Diego, CA 92116
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
4581 Georgia Street,San Diego, CA 92116
$1,555,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tanya parks
Office: compass
MLS#:NDP2602771
Source:MLSListings
Price summary
- Price:$1,555,000
About this home
Set on a 5,249 SF lot in one of San Diego's most sought-after urban neighborhoods, this well-maintained, fully leased, independently metered triplex delivers compelling income from day one. The front home and all units are clean and charming. Floor plans used in lieu of photography to respect tenant privacy. Multi-family inventory in University Heights is critically constrained and properties like this rarely come to market. New roof in 2024. Newer water heater. Main House — 1,334 SF | 3BD/2BA | Bonus office/flex space, enclosed sunroom, in-unit laundry, full kitchen, large porch, and unique finishes throughout. Unit A — 529 SF | 1BD/1BA | Full kitchen, quality appliances, laminate flooring, light and bright Unit B — 546 SF | 1BD/1BA | Full kitchen, quality appliances, laminate flooring, charming and well cared for Pro forma rents have potential reach $9,400/month, $112,800 annually — representing $2,210/month in projected upside as leases roll to market. Estimated pro forma cap rate: 4.36%. On-site laundry, 615 SF storage, 4 parking spaces, 3 are covered carport spaces with storage and alley access. University Heights delivers walkable Park Boulevard living — independent restaurants, craft breweries, coffee shops, and live music steps away. Old Trolley Barn Park nearby....
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Home facts
- Year built:1977
- Listing ID #:NDP2602771
- Added:140 day(s) ago
- Updated:August 08, 2026 at 04:38 PM
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1977
- Lot area:0.12 Acres
- Lot Features:Mid Block
Finances and disclosures
- Price:$1,555,000
Features and amenities
- Laundry features:Dryer, Gas Hook-up, In Laundry Room, Washer
Parking
- Parking description:4 Cars Carport
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