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…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
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Full bathrooms: 8
1/2 bathrooms: 0
Cooling
Cooling: See Remarks
Appliances
Laundry: See Remarks
Features
Has fireplace: No
Interior area
Total interior livable area: 3,194 sqft
Property
Parking
Total spaces: 3
Parking features: Driveway, Other
Garage spaces: 0
Features
Stories: 2
Has private pool: No
Has view: No
Details
Parcel number: 4721612500
Zoning: RM-1-3
Construction
Type & style
Home type: Residential
Property subtype: Single Family Residence
Materials
Other
Roof: See Remarks
Condition
Year built: 1929
Location
Mike Zwarg
Broker / Owner
951-528-0626 mike@mzhomes.us
Listing Office: Compass · Listing Agent: Richard Spiering · CRMLS
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