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4581 Georgia St , San Diego, CA 92116
$1,555,000
Est. Payment: $7,852.29/mo
4 Bed
3 Bath
0 Sqft
Status: active | Days on site: 159
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

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. The front home and all units are clean and charming. Floor plans used in lieu of photography to respect tenant privacy. Multi-family inventory in University Heights is critically constrained and properties like this rarely come to market. New roof in 2024. Newer water heater. 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 1525 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 buye
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Highlights

Listed by Tanya Parks , 619-550-8887 Compass , 858-345-4514. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.12

County

San Diego

Listing ID

NDP2602771

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$7,852
Taxes
$991

Home Price

$1,555,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$311,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,852.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,852.29 $991.31 $0.00 $8,843.61
Yearly $94,227.52 $11,895.75 $0.00 $106,123.27
Total $2,826,825.73 $356,872.50 $0.00 $3,183,698.23

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-10T20:38:14.000Z

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