4581 Georgia ST, San Diego, CA 92116
4581 Georgia ST, San Diego, CA 92116
4581 Georgia ST, San Diego, CA 92116
29
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$1,585,000
Est. payment /mo
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5,248 Sqft Lot
Active

4581 Georgia ST San Diego, CA 92116

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Michael J. Lofton

Michael J. Lofton

+1(619) 983-8805

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2602771

HOA Y/N No

Year Built 1977

Lot Size 5,248 Sqft

Property Description

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. Multi-family inventory in University Heights is critically constrained and properties like this rarely come to market. 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. Kensington, Normal Heights, Hillcrest, and North Park all within easy reach. Balboa Park moments away. Downtown 15–25 min via CA-163/I-8. SAN Airport is under 5 miles away. Strong rental demand supported by proximity to SDSU, USD, downtown employment, and the medical corridor. Whether you're an investor or a buyer ready to house-hack your way into San Diego — 4581 Georgia Street is the phenomenal opportunity you have been searching for.

Location

State CA

County San Diego

Area 92116 - Normal Heights

Zoning R-M

Interior

Heating Wall Furnace

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Carport Spaces 4

Pool None

Community Features Street Lights, Suburban, Sidewalks

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

New Construction No

Others

Senior Community No

Tax ID 4451320400

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, VA Loan

Special Listing Condition Trust

Virtual Tour https://www.4581georgia.com/mls/236741401

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Tanya Parks Compass tanyaparksre@gmail.com, DRE #01961090
NEARBY SCHOOL & BUSINESS
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Michael J. Lofton

Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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