Both units are currently rented. Do NOT disturb tenants. Shown with accepted offer. Turn key, Rare Opportunity, Updated 2 Unit property in the Highly coveted 92116 zip code of University Heights! Location, Location! Possibly convert to single-family home? This rare find features two meticulously updated units. Offering incredible potential whether you're an investor looking for rental income or an end user wanting to offset your mortgage. SHORT TERM RENTALS OK IN THIS AREA. Great News! The City of San Diego has reconfigured the parking on this street. They have gone from parallel parking to perpendicular parking. There is now an abundance of parking. Charming completely renovated front unit with New Premium Flooring, New kitchen, , New Stainless Steel appliances, New Countertops , New Cabinets . New Windows, Newer Roof, 3 new heat/ac Split Systems in each bedroom and Living room. Primary features a spacious walk-in closet. This unit also offers a charming front yard with a cozy porch. Lower unit has been updated with New Premium flooring, Fresh Paint, New Windows, 2 Heat/AC split systems. Large Living area and Bedroom.Updated Bathroom. Double storage also. Don't Miss out, this is a gem. DAYS ON MARKET REFLECT TENANT REMOVAL AND REMODEL OF BOTH UNITS. Bottom unit is currently rented for $2695 per month until June 2026.
Listed by Richard Goodman
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License #01173208
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Coldwell Banker West
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goodricman@gmail.com
Last updated September 05, 2025
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Source: CRMLS #PTP2501818
Listing Facts
TypeMulti-family
NeighborhoodUniversity Heights
Days on Prevu178
Amenities
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
09/06/2025
Status changed to Active
$1,149,000
09/05/2025
Status changed to Removed from Feed
$1,149,000
09/04/2025
Status changed to Active
$1,149,000
09/03/2025
Status changed to Removed from Feed
$1,149,000
07/03/2025
Price Decreased
$1,149,000
06/28/2025
Status changed to Active
$1,175,000
06/27/2025
Status changed to Removed from Feed
$1,175,000
05/28/2025
Status changed to Active
$1,175,000
05/27/2025
Status changed to Removed from Feed
$1,175,000
05/20/2025
Price Decreased
$1,175,000
03/13/2025
Listed by Coldwell Banker West
$1,197,000
Property Details for 4518 Arizona
Association
Amenities
Community Features: Biking, Curbs, Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Roof: Composition, Shingle
Stories Total: 2
Year Built: 1927
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front of house
Features
Fencing: Partial
Measurements
Building Area Total: 1,368
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.04
Lot Size Area: 2,086
Lot Size Source: Public Records
Lot Size Square Feet: 2,086
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $74,280.00
Taxes
Parcel Number: 4451612100
Interior
Features
Appliances: Dryer, Washer
Flooring: Laminate
Other
Location
Tax Lot: 08255
Utilities
Equipment
Cooling: See Remarks
Has Cooling: Yes
Electric: Electricity - On Property
Heating: Electric
Has Heating: Yes
Laundry Features: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, See Remarks
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.