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4480-86 51St St San Diego, CA 92115

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For Sale
$1,895,000

Seven-unit apartment building in desirable Talmadge neighborhood.

Property size:
3,500 SF

Property Features for 4480-86 51St St

General Information

Standard status
Active
Size
3,500 SF

Building Details

Year built
1950

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Listing Contact
Benn Vogelsang
Benn Vogelsang
Source: Crexi

Listing Agency: NorthMarq - San Diego Listing Agent: Benn Vogelsang

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

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Overview

Talmadge Multifamily Investment Opportunity

Located in the Talmadge neighborhood, the property at 4480-86 51st Street is a 7-unit apartment building constructed around 1950. The complex features five 1-bedroom, 1-bathroom units, a standalone 1-bedroom, 1-bathroom house, and a newly constructed 1-bedroom, 1-bathroom ADU unit. The structures total approximately 3,500 square feet on a 6,250 square foot lot. Four of the units have updated kitchens, bathrooms, flooring, fixtures, and appliances. Three units are equipped with mini-split units. All three staircases are new. The laundry room includes digital pay equipment. New turf and fencing have been installed. There are 4 off-street parking spaces, including the driveway. The property is situated north of El Cajon Blvd, offering walkability to eateries, bars, shops, services, and public transportation. It is also in close proximity to SDSU and provides easy freeway access, with a 15-minute drive to the beach. Talmadge is a mid-city region neighborhood in San Diego, bordered by Fairmount Avenue to the West, Montezuma Road/Collwood Boulevard to the Northeast, and El Cajon Boulevard to the South. The architecture in Talmadge is eclectic, featuring Spanish Revival, California bungalows, Cape Cod cottages, and Normandy Style homes. Several homes in Talmadge were designed by Southern California architect Cliff May.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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City
San Diego
County
San Diego
State
California
Longitude
-117.0848468
Latitude
32.7586127

FAQs

What type of property is this?
Apartment building - Seven-unit apartment building in desirable Talmadge neighborhood.
Where is this apartment building located?
The property is located at 4480-86 51St St San Diego, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: - Located in the highly desirable Talmadge neighborhood.; - 7-unit apartment building with a newly constructed ADU.; - **Four units have been recently renovated with new kitchens, bathrooms, flooring, fixtures, and appliances.**
More about this property
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