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Sold for $1,165,000 on 04/01/25
  • $1,165,000

    4281-87 51st St, San Diego, CA 92115

    4beds
    4baths
    --sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,135,900 Zestimate®
    $--/sqft
    $3,588 Estimated rent

    What's special

    Turnkey 4-Unit Investment Opportunity in City Heights An incredible opportunity to own a fully renovated four-unit apartment complex in City Heights. Each unit has been thoughtfully updated with new flooring, modernized kitchens, and stylishly upgraded bathrooms. Featuring expansive living rooms with cozy fireplaces and gorgeous wood ceilings, Shared laundry for each building, dedicated parking spots for each unit, and exclusive yard spaces for storage or outdoor living, these units offer both comfort and convenience for tenants. Situated in a fully gated complex, this property provides a secure and inviting environment. With the potential to bring in $11,200/ month this makes it an excellent choice for investors seeking strong rental potential. Conveniently located near SDSU, major freeway access, shopping, dining, and everyday essentials, this is a prime location for steady occupancy and passive income. A true turnkey investment in one of San Diego’s rapidly growing neighborhoods.

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2025 at 08:57am

    Listed by:

    Seth Struiksma DRE #01868552 714-448-4699,

    Compass

    Bought with:

    Jamie Blakely, DRE #01342518

    Compass

    Source: SDMLS,MLS#: 250020691MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Fireplace, Forced Air Unit
    Cooling
    • Wall/Window
    Interior area
    • Total structure area: 2,244

    Property

    Features
    • Levels: 1 Story
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Full,Gate
    • Has view: Yes
    • View description: N/K
    • Frontage type: N/K
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 4721620200
    • Zoning: R-3:RESTRI
    • Zoning description: R-3:RESTRI
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood/Stucco
    • Roof: Other/Remarks
    Condition
    • Year built: 1959

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Security
    • Security features: N/K
    Location
    • Region: San Diego
    • Subdivision: CITY HEIGHTS

    Other

    Other facts
    • Listing terms: Cash,Conventional,Exchange,FHA,VA
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,135,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,135,900