4581 Georgia Street, San Diego, CA 92116
Local realty services provided by:ERA North Orange County Real Estate
Listed by: tanya parks
Office: compass
MLS#:NDP2602771
Source:CRMLS
Price summary
- Price:$1,585,000
- Price per sq. ft.:$486.49
About this home
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. Multi-family inventory in University Heights is critically constrained and properties like this rarely come to market. 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....
Contact an agent
Home facts
- Year built:1977
- Listing ID #:NDP2602771
- Added:1 day(s) ago
- Updated:March 24, 2026 at 09:24 PM
Rooms and interior
- Kitchen Description:Washer
- Living area:3,258 sq. ft.
Structure and exterior
- Year built:1977
- Building area:3,258 sq. ft.
- Lot area:0.12 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,585,000
- Price per sq. ft.:$486.49
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Gas Dryer Hookup, Laundry Room, Washer, Washer Hookup
Parking
- Total parking spaces:4
- Parking description:4 Carport Space(s)
- Carport spaces:4
New listings near 4581 Georgia Street
- New
$649,900Active2 beds 2 baths656 sq. ft.4376 Myrtle Ave, San Diego, CA 92105
MLS# 260006853SDListed by: PREMIER AGENCY REAL ESTATE INC. - New
$799,000Active3 beds 2 baths1,278 sq. ft.7454 Gayneswood, San Diego, CA 92139
MLS# 260006854SDListed by: EXP REALTY OF SOUTHERN CALIFORNIA, INC. - New
$561,900Active1 beds 1 baths620 sq. ft.1160 9th Ave #1209, San Diego, CA 92101
MLS# 260006855SDListed by: RENNIE GROUP - Open Sun, 11am to 1pmNew
$399,900Active1 beds 1 baths595 sq. ft.4404 Bond St. #C, San Diego, CA 92109
MLS# 260006856SDListed by: ORION MANAGEMENT & REALTY INC. - New
$995,000Active6 beds 5 baths2,736 sq. ft.637 19th Street, San Diego, CA 92102
MLS# 260006858SDListed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,895,000Active4 beds 4 baths3,125 sq. ft.12820 Hideaway Ln, San Diego, CA 92131
MLS# 260006859SDListed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. - New
$549,000Active2 beds 2 baths1,330 sq. ft.6960 Hyde Park #1, San Carlos, CA 92119
MLS# 260006700SDListed by: STAY GOLDEN INC DBA GOLD COAST REAL ESTATE - New
$4,000,000Active-- beds -- baths4933 Ocean Boulevard, San Diego, CA 92109
MLS# 260006842SDListed by: TONY FRANCO REALTY, INC. - Coming Soon
$3,875,000Coming Soon3 beds 2 baths939 Coast Boulevard #16E, La Jolla, CA 92037
MLS# PW26062995Listed by: KAM FINANCIAL & REALTY, INC.