Key details

About this home

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

Features

• N/K
• None Known
• Other/Remarks

Home facts

Comments

No comments yet.

Location

Similar homes

Open house · Oct 17, 2026, 1:00 PM–3:00 PM

$1,075,000

5 bed · 3 bath · 2,330 ft²

7832 Hillandale Dr, San Diego, CA 92120

Listing agent: Bridget Potterton, Keller Williams San Diego Metro

Last updated Oct 16, 2026, 12:35 PM

SaleActive

Open house · Oct 17, 2026, 12:00 PM–3:00 PM

$799,000

3 bed · 2 bath · 1,338 ft²

2646 Mcburney Ct, San Diego, CA 92154

Listing agent: Jennifer A DiJulio, eXp Realty of California, Inc.

Last updated Oct 16, 2026, 3:23 PM

SaleActive

Open house · Oct 17, 2026, 12:00 PM–3:00 PM

$1,450,000

5 bed · 3 bath · 2,275 ft²

4030 Forney, San Diego, CA 92117

Listing agent: Jeffrey Nix, Redfin Corporation

Last updated Oct 16, 2026, 10:52 AM

SaleActive

Open house · Oct 17, 2026, 12:00 PM–3:00 PM

$1,350,000

4 bed · 4 bath · 2,413 ft²

2450 A st, San Diego, CA 92102

Listing agent: Craig Schniepp, Berkshire Hathaway HomeServices California Properties

Last updated Oct 16, 2026, 2:37 PM

SaleActive