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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
    --sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,155,900 Zestimate®
    $--/sqft
    $3,034 Estimated rent

    Owner options

    List your home for rent

    $3,034/mo

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    $3,034/mo

    Rent Zestimate®

    Refinance and save

    $7,154/mo

    Est. payment

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    $7,154/mo

    Est. payment

    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: 8 hours ago

    Listing updated: August 13, 2025 at 04:42am

    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
    • Full 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

    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
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    Estimated market value
    $1,155,900