4581 Georgia Street, San Diego, CA 92116
Local realty services provided by:ERA North Orange County Real Estate
Listed by: tanya parks
Office: compass858-345-4514
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. 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....
Contact an agent
Home facts
- Year built:1977
- Listing ID #:NDP2602771
- Added:51 day(s) ago
- Updated:May 15, 2026 at 10:32 AM
Rooms and interior
- Living area:3,258 sq. ft.
Heating and cooling
- Heating:Wall Furnance
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, Washer
Parking
- Total parking spaces:4
- Parking description:4 Carport Space(s)
- Carport spaces:4
New listings near 4581 Georgia Street
- Open Sat, 10am to 12pmNew
$424,500Active1 beds 1 baths643 sq. ft.7717 Margerum Avenue #124, San Diego, CA 92120
MLS# NDP2604252Listed by: SURTERRE PROPERTIES, INC - New
$483,000Active1 beds 1 baths673 sq. ft.1333 8th, San Diego, CA 92101
MLS# OC26106023Listed by: TITAN PACIFIC GROUP INC - Open Sat, 1 to 4pmNew
$1,695,000Active4 beds 3 baths2,191 sq. ft.15835 Lesar Pl, San Diego, CA 92127
MLS# PTP2603741Listed by: EXP REALTY OF SOUTHERN CALIF. - New
$735,999Active6 beds 4 baths1,271 sq. ft.3907 Marcwade, San Diego, CA 92154
MLS# 260010849SDListed by: COMPASS - New
$2,480,000Active5 beds 4 baths3,877 sq. ft.10776 Birch Bluff Ave, San Diego, CA 92131
MLS# 260011802SDListed by: SAN DIEGO CASTLES REALTY - Open Sat, 12 to 3pmNew
$769,000Active2 beds 2 baths1,302 sq. ft.11171 Scripps Ranch Blvd, San Diego, CA 92131
MLS# 260011803SDListed by: RE/MAX CONNECTIONS - New
$939,000Active4 beds 3 baths1,872 sq. ft.8113 Blythe, San Diego, CA 92126
MLS# 260011800Listed by: COLDWELL BANKER WEST - New
$789,900Active4 beds 2 baths1,281 sq. ft.984 Thermal, San Diego, CA 92154
MLS# 260011804Listed by: COLDWELL BANKER WEST - Open Sat, 11am to 1pmNew
$855,000Active2 beds 2 baths1,231 sq. ft.8615 Via Mallorca #B, La Jolla, CA 92037
MLS# 260011801SDListed by: LUXE PACIFIC - Open Sat, 12 to 3pmNew
$599,000Active3 beds 2 baths1,215 sq. ft.10515 Caminito Rimini, San Diego, CA 92129
MLS# 260011539SDListed by: SUNNY DAY REALTY