Welcome to 4608 Georgia Street, a rare, designer-upgraded multifamily gem located in the heart of University Heights, one of San Diego’s most walkable and desirable neighborhoods. This is not your typical rental property; this fully furnished, turnkey 5-unit investment has been thoughtfully curated with upscale finishes that you don’t come across very often. Special seller financing is also available for this property. Originally designed for traveling medical professionals and executives, the property offers stable in-place income and a desirable unit mix consisting of two studios, two 1-bedroom/1-bathroom units, and one 2-bedroom/2-bathroom unit. Each unit has been tastefully upgraded over the last three years with chef-caliber kitchens featuring luxury cabinetry, high-end stainless steel appliances, and premium countertops. Bathrooms have been fully remodeled with modern, high-end finishes. All units include either in-unit stackable washer/dryers or access to shared laundry, and are equipped with efficient mini-split HVAC systems. Recent improvements include fresh exterior paint completed in April 2025 and a newer rear deck (2023) with a spiral staircase (2025). All five units are currently rented at market rates, the 2-bedroom unit is used by the owner and offers immediate flexibility for owner-occupancy. The property also features private patios and decks, french doors, seven off-street parking spaces, and separately metered utilities for most units. Just two blocks from Trolley Barn Park and Park Boulevard, residents enjoy easy access to local cafes, restaurants, boutiques, and neighborhood amenities. Zoned RM-3-9, this truly one-of-a-kind property is ideal for investors or owner-occupants seeking a high-quality, low-maintenance asset with both near-term upside and long-term value in one of San Diego’s premier rental markets. Property is 4 legal units with a 5th unit (Studio) that is non-conforming. Buyer to investigate the viability of perfecting the 5th unit.
Sold for $1,754,000 on 07/29/25
Listing Provided by:
Kate Goodwin DRE #02095930 katesellssd@gmail.com,
eXp Realty of Southern CA
$1,754,000
4608 Georgia St, San Diego, CA 92116
4beds
6baths
2,370sqft
Multi Family
Built in 1922
-- sqft lot
$1,747,200 Zestimate®
$740/sqft
$5,565 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 06:05pm
Listing Provided by:
Kate Goodwin DRE #02095930 katesellssd@gmail.com,
eXp Realty of Southern CA
Bought with:
Kate Goodwin, DRE #02095930
eXp Realty of Southern CA
Source: CRMLS,MLS#: NDP2505419
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
Cooling
- Ductless, See Remarks
Appliances
- Included: Built-In Range, Dishwasher, Gas Cooking, Refrigerator, Dryer, Washer
- Laundry: See Remarks, Stacked
Features
- Balcony, Ceiling Fan(s), Furnished, Recessed Lighting
- Flooring: Tile, Wood
- Has fireplace: No
- Furnished: Yes
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,370
- Total interior livable area: 2,370 sqft
Property
Parking
- Total spaces: 7
- Parking features: Driveway, On Site, Off Street, One Space
- Uncovered spaces: 7
Features
- Entry location: Front and Second Floor
- Pool features: None
- Fencing: Good Condition,Partial
Lot
- Size: 3,114 sqft
- Features: 0-1 Unit/Acre, Corner Lot, Landscaped, Near Park, Near Public Transit
Details
- Parcel number: 4450421700
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Turnkey
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks, Urban, Park
Location
- Region: San Diego
HOA & financial
Other financial information
- Total actual rent: 13000
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Owner May Carry,VA Loan
Services availability
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Estimated market value
$1,747,200