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    4951 Genesee Ave San Diego, CA 92117

    For Sale
    $2,050,000

    Four-unit property with strong cash flow potential in central location.

    Lot size:
    0.14 Acres

    Property Features for 4951 Genesee Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1958

    Source: Gene Bowman Realty Agent Christian Ballow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Property in Clairemont

    This multifamily property, located in Clairemont, presents an investment opportunity with strong cash flow and long-term growth potential. The property features a newly renovated four-bedroom single-family residence along with three Accessory Dwelling Units (ADUs), resulting in a total of four units. Each unit is equipped with washer and dryer hookups. The unit breakdown includes one four-bedroom, two-bathroom unit, one two-bedroom, two-bathroom unit, and two one-bedroom, one-bathroom units. The property also includes a large attached garage and outdoor patios. Situated in a centrally located neighborhood, the property offers convenient access to major freeways and shopping. This turnkey asset provides an opportunity to secure stable income and appreciation in the San Diego rental market.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.1948776
    Latitude
    32.8360389

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    FAQs

    What type of property is this?
    Apartment building - Four-unit property with strong cash flow potential in central location.
    Where is this apartment building located?
    The property is located at 4951 Genesee Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: - Four Units Total: Includes a 4-bedroom single-family residence and three additional ADUs, maximizing rental income potential.; - Newly Renovated: Turnkey property requiring minimal immediate maintenance or upgrades.; - Strong Cash Flow and Growth Potential: Ideal for investors seeking stable income and long-term appreciation.
    (619) 207-7601
    Request Owner's contact information
    4951 Genesee Ave San Diego, CA 92117
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    San Diego, CA 92117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4951 Genesee Ave San Diego, CA 92117
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