4201 51st Street

San Diego, CA 92115

$5,250,000
Last Sold Price
22
Beds
23
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

23 Unit Multi Family Building near SDSU with an amazing 23 Parking Spaces plus 3 Garages! This beautiful building located in the heart of San Diego has been renovated with a New Roof, Upgraded flooring, paint, countertops, kitchens, bathrooms, exterior stucco and landscaping! This building features 22 One Bed, One Bath units and 1 Studio with a 100% occupancy rate! Rents are very close to market but still have room to grow! This is the perfect property for 1031 or for someone looking for immediate...23 Unit Multi Family Building near SDSU with an amazing 23 Parking Spaces plus 3 Garages! This beautiful building located in the heart of San Diego has been renovated with a New Roof, Upgraded flooring, paint, countertops, kitchens, bathrooms, exterior stucco and landscaping! This building features 22 One Bed, One Bath units and 1 Studio with a 100% occupancy rate! Rents are very close to market but still have room to grow! This is the perfect property for 1031 or for someone looking for immediate cashflow. There are 3, one car garages that are currently built out as 6 storage units. Investors can keep them as storage units and rent them out, convert back into garages and rent them out, or leverage the ADU laws to create an extra unit there! Don't miss your opportunity to own one of the nicer buildings in the area!
  1. Listed by Voltaire Lepe • DRE #01422464 • Brokerage DRE #01878277 • eXp Realty of California, Inc.

Property Details for 4201 51st Street

City Postal ID
SAN DIEGO (92115)

Location

Listing Courtesy of eXp Realty of California, Inc., Voltaire Lepe, DRE #01422464

Sold By South Bay Real Estate, Ed Bustamante, DRE #00845295

Add your commute
LISTING UPDATED: 12/08/2023 11:26 AM

Property Details for 4201 51st Street

StatusSold
MLS #230023680
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Apartment
Year Built-
Lot Size0.36 AC / 15,681 SF
CountySan Diego County

Location

Listing Courtesy of eXp Realty of California, Inc., Voltaire Lepe, DRE #01422464

Sold By South Bay Real Estate, Ed Bustamante, DRE #00845295

Add your commute

Building Information for 4201 51st Street

Stories-Residences-Year Built-Building Size-Lot Size0.36 AC / 15,681 SF

Payment Calculator

$32,244 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,651

Property Taxes

$3,593

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4201 51st Street

Summary Information
Property and Location
  • System ID: 230023680
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 4201
  • Street Name: 51st Street
  • Market Area: Metro Uptown
  • Geological Hazard Zone: Hazard Unknown
  • Flood Zone: Hazard Unknown
Interior and Exterior Features
Exterior Features
  • Exterior: Fully Landscaped, Part Fenced
  • Roof: Other/Remarks
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: .25 through .50 Acres
  • Zoning: Commercial
  • Assessors Parcel Num: 472-162-28-00
Multi Family Information
Unit 1
  • Unit Rent Total: $36,125
  • Unit 1 Number of Bedrooms: 22
  • Unit 1 Number of Bathrooms: 22
Unit 2
  • Unit Rent Total: $1,550
  • Unit 2 Number of Bedrooms: 0
  • Unit 2 Number of Bathrooms: 1
Building Details
  • Unit Type: Apartment
  • Age: 1986
  • Construction: Stucco
  • Have: N/A
  • Motive/Want: Sell
  • Parking: Spaces
  • Special: Freeway Access
  • SqFt of Improvement: 0
  • Tenant Pays Electric: Y
  • Tenant Pays Gas: Y
  • Tenant Pays Water: N

Property History for 4201 51st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4201 51st Street

Taxable ValueLand$1,715,522Additions$1,795,938Total$3,511,460
Tax Record2023$43,119 ($3,593 / month)
Home Facts
Total Finished SqFt11,304 SqFtAbove Grade Finished SqFt11,304 SqFtLot Size15,657 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningCOMMERCIALCountySAN DIEGOAPN472-162-28-00

Schools near 4201 51st Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Fay Elementary School
PublicK to 5

Mann Middle School
Public6 to 8

Crawford High School
Public9 to 12

City Heights Preparatory Charter
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California, Inc., Voltaire Lepe, DRE #01422464

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 SDMLS®, Inc.