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4581 Georgia StreetSan Diego, CA 92116

For Sale

$1,585,000

Smart Buyer Rebate $15,850

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.

Listed by Tanya Parks

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License #01961090

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Compass

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tanyaparksre@gmail.com

Last updated April 08, 2026

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Source: CRMLS #NDP2602771

Listing Facts

  • TypeMulti-family
  • NeighborhoodUniversity Heights
  • Days on Prevu38

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

04/06/2026
Status changed to Active
$1,585,000
04/04/2026
Status changed to Removed from Feed
$1,585,000
03/24/2026
Listed by Compass
$1,585,000

Property Details for 4581 Georgia Street

Association

Amenities

  • Community Features: Street Lights, Suburban, Sidewalks

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1977
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 3,258
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,249
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5,249
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.94
  • Gross Income: $86,280.00
  • Operating Expense: $35,370.00

Taxes

  • Parcel Number: 4451320400

Interior

Features

  • Appliances: Dryer, Washer

Other

Location

  • Tax Lot: 08001

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, Laundry Room
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4581 Georgia Street.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 4581 Georgia Street.

How does 4581 Georgia Street compare to other multi-family homes in University Heights?

This multi-family home is listed 15% below the average price for multi-family homes in University Heights and has been on the market for 35 less days than the typical home in this area.

4581 Georgia Street is a -bedroom multi-family home for sale in San Diego CA 92116. Available on Prevu for 38 days at $1,585,000. This home is located in University Heights. The median listing price for multi-family homes in this area is $994,500. The home offers parking and washer/dryer. View other multi-family home listings in San Diego.

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.

Full MLS Disclaimers

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.