4286 51st St
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4286 51st St

C

San Diego, CA 92115

$875,000
NEW — 4d

Soft Appraisal Value: $860,900 · 1.6% above estimate

Beds

8

Baths

8

Sqft

3,194

Year Built

1929

Days on Market

4

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016590SD

This property is in San Diego (92115). View neighborhood stats →

About This Property

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

Mortgage Calculator

Est. Monthly Payment

$5,555

Principal & Interest$4,424
Property Tax$875
Insurance$255
%($175,000)
%

Location

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Comparable Properties

1 comp found

This Property

$3,363

vs

Comp Average

$7,106

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

23D
Est. Monthly Rent
$3,363
Monthly Cashflow

Rent − PITIA

$-2,191
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,694

Mortgage (P+I)
$4,424
Cap Rate
1.00%
Cash-on-Cash
-25.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$8,161

NOI (Annual)
$8,764
Price-to-Rent

Lower = better for investors

21.7

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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