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4581 Georgia Street San Diego, CA 92116
$1,570,000 0 beds, 0 baths
0 sqft
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Photo of Brenda Vejar

Brenda Vejar REALTOR® - Sales Associate 619-210-5309 m
619-210-5309 o
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com
Text Me
Call My Cell
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Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com
San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
Phone: 619-595-7020
Fax: 619-702-9044
San Diego Downtown 516 5th Ave
San Diego, CA 92101
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Agent Remarks

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. The front home and all units are clean and charming. Floor plans used in lieu of photography to respect tenant privacy. Multi-family inventory in University Heights is critically constrained and properties like this rarely come to market. New roof in 2024. Newer water heater. 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.

Listing Details

Trust & Probate
Property type: (Multi-Family)
Status: Active
MLS# NDP2602771
List price is $1,570,000 Reduced by $15,000 on 5/22/2026
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1977
0.12 acres
Lot size: 0.1205
County: San Diego
Zoning: R-M
Appliances: Dryer,Washer
Lot description: ZeroToOneUnitAcre
Heating description: Wall Furnace
MLS area: 92116 - Normal Heights

Last Updated: 6/30/2026

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This listing belongs to the 92116 - Normal Heights MLS area

Lat/Long: 32.760578, -117.144774.
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Listing Agent: Tanya Parks
Lic#: 01422988
Office Name: San Diego Downtown

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Brenda Vejar

Brenda Vejar REALTOR® - Sales Associate 619-210-5309 m
619-210-5309 o
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com

San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
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