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4581 Georgia Street, 
San Diego, CA 92116

$1,585,000

—

Bed

—

Bath

3,258

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Tanya Parks

Compass

tanyaparksre@gmail.com

Last updated:

March 25, 2026, 05:40 AM

MLS#

CRNDP2602771

Source:

Bay East CCAR bridgeMLS

About This Home

4581 Georgia Street

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 mil

Home Facts

Multi-Family

Built in 1977

Price Summary

1,585,000

$486 per Sq. Ft.

MLS #:

CRNDP2602771

Last Updated:

March 25, 2026, 05:40 AM

Added:

a day ago

Rooms & Interior

Interior

Living Area:

3,258 Sq. Ft.

Structure

Structure

Building Area:

3,258 Sq. Ft.

Year Built:

1977

Lot

Lot Size (Sq. Ft):

5,227

Finances & Disclosures

Finances

Price:

$1,585,000

Price per Sq. Ft:

$486 per Sq. Ft.

MLS Logo
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 25, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.