4811 Castle Avenue, San Diego, CA 92105
Local realty services provided by:ERA North Orange County Real Estate
Listed by: angela kim
Office: ak real estate858-663-1372
MLS#:PTP2604921
Source:CRMLS
Price summary
- Price:$780,000
- Price per sq. ft.:$515.19
About this home
Rare dual-unit income property in the heart of City Heights — priced to move in a market with virtually no two-unit inventory. Two detached units currently generating $3,850 per month and that's the opportunity. At $1,925 per unit, both units are running significantly below of $2,695, leaving nearly $1,700 per month in unrealized income sitting on the table. For the right investor, that gap is the deal. Or Live in one and rent out the Other Unit! On 2 separate SDGE gas and electric meters and 1 water meter. Features a large backyard with 2 sheds. With two long-term tenants in place, the cash flow is stable from day one. The path to market rents runs through lease turnover, strategic renovation, or both and the property supports it. A detached oversized one-car garage offers genuine ADU conversion potential, adding a possible third income stream on top of the upside already built into the existing units. City Heights puts your tenants at the center of everything just minutes from SDSU, downtown San Diego, City College, and some of the county's largest healthcare and government employers. Easy access to the 8, 15, and 805 makes the entire county commutable from a surprisingly quiet, residential pocket of the city. Two-unit properties in this submarket rarely surface. When they do at this price point and with this much room to run — serious investors move fast....
Contact an agent
Home facts
- Year built:2013
- Listing ID #:PTP2604921
- Added:45 day(s) ago
- Updated:August 14, 2026 at 08:45 AM
Rooms and interior
- Kitchen Description:Gas Cooking, Refrigerator
- Living area:1,514 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:2013
- Building area:1,514 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Front Yard, Value In Land
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$780,000
- Price per sq. ft.:$515.19
Features and amenities
- Amenities:Water Heater
Parking
- Total parking spaces:3
- Parking description:Door-Single, Driveway, Garage
- Garage:Yes
- Garage spaces:1
New listings near 4811 Castle Avenue
- New
$515,000Active2 beds 2 baths878 sq. ft.6151 Rancho Mission Road #110, San Diego, CA 92108
MLS# PTP2606217Listed by: ALTATERA INC - New
$417,500Active1 beds 1 baths598 sq. ft.10611 Dabney Dr, San Diego, CA 92126
MLS# 260019912SDListed by: 1ST CLASS REAL ESTATE SD - New
$1,120,000Active3 beds 3 baths1,217 sq. ft.4118 Via Candidiz #115, San Diego, CA 92130
MLS# 260019913SDListed by: REALTY ONE GROUP PACIFIC - Open Sun, 1 to 3pmNew
$539,000Active2 beds 2 baths997 sq. ft.7360 Park Ridge #118, San Diego, CA 92120
MLS# 260019788SDListed by: MARKET REAL ESTATE - New
$749,995Active3 beds 2 baths1,102 sq. ft.6720 Palo Alto, San Diego, CA 92114
MLS# 260019790SDListed by: CAL STATE REALTY SERVICES - New
$648,000Active2 beds 2 baths1,305 sq. ft.1225 Island Ave. #103, San Diego, CA 92101
MLS# 260019791SDListed by: HUNTER & MADDOX INTL. INC. - Open Sat, 11am to 1pmNew
$1,650,000Active4 beds 3 baths2,516 sq. ft.13477 Appalachian Way, San Diego, CA 92129
MLS# 260019794SDListed by: TXR HOMES, INC. - Open Sat, 12 to 3pmNew
$1,255,000Active2 beds 1 baths1,005 sq. ft.4234 Alder Drive, San Diego, CA 92116
MLS# PTP2606173Listed by: COLDWELL BANKER WEST - Open Sat, 1 to 4pmNew
$335,000Active-- beds 1 baths432 sq. ft.6202 Friars #301, San Diego, CA 92108
MLS# 260019911Listed by: COLDWELL BANKER WEST - New
$599,000Active2 beds 1 baths840 sq. ft.17340 Caminito Canasto, San Diego, CA 92127
MLS# 260019795SDListed by: TXR HOMES, INC.