CnC Realty
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$1,555,000

4581 Georgia Street

San Diego, CA 92116

Active

5

Beds

4

Baths

3,258

Sq. Ft.

1977

Year Built

San Diego

County

SingleFamilyResidence

Property Type

About this home

3 homes for the price of 1! Live in one and use the income of the other two to offset your mortgage. Set on a 5,249 SF lot in one of San Diego's most walkable, sought-after urban neighborhoods, the charming 3BD/2BA main home offers the character, space, and location you have been searching for, with two additional income-producing units that make this property a smart investment now and into the future. The main residence lives like a classic University Heights gem: 1,334 SF with a bonus office/flex space, enclosed sunroom, in-unit laundry, full kitchen, large porch, and unique finishes throughout. What sets this property apart is the ability to generate income. Two additional units on the lot, a 529 SF 1BD/1BA and a 546 SF 1BD/1BA, both with full kitchens, quality appliances, and light-filled interiors, offer a rare opportunity to live in one unit or the main house while offsetting your mortgage with rental income, house a family member nearby, or create a dedicated guest or work space. Floor plans are provided in lieu of photography to respect current tenant privacy. Additional amenities include on-site laundry, 615 SF of storage, and 4 parking spaces (3 covered carport with storage and alley access) very rare and valuable finds in this part of the city. Location is everything here: walkable Park Boulevard living with independent restaurants, craft breweries, coffee shops, and live music just steps away. Old Trolley Barn Park nearby. Kensington, Normal Heights, Hillcrest, and North Park all within easy reach, with Balboa Park moments away. Downtown is 15–25 minutes via CA-163/I-8, and San Diego International Airport is under 5 miles out. Whether you're a buyer looking to live in a character-filled University Heights home with income potential, or you want extra space for multigenerational living, 4581 Georgia Street offers a rare combination of lifestyle and long-term value in a neighborhood where unique income asset generating properties are becoming harder to find!

Listed by Tanya Parks · DRE #01961090 · Compass
MLS #1176217418
ListedFeb 28, 2026

Property Details

Architecture

Stories2
StyleN/A
Total UnitsN/A
RoofN/A
Garage Spaces0
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesBedroom On Main Level, Main Level Primary, Utility Room
Exterior FeaturesN/A
FlooringN/A
CoolingNone
HeatingN/A
FireplaceNone
LaundryCommon Area, Electric Dryer Hookup, Gas Dryer Hookup
Parking FeaturesN/A
Parking Total8
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsOne Common Wall

Property Features

Lot Size0.12 ac
Lot FeaturesZero To One Unit Acre
ViewNeighborhood
DirectionsEasy to find, use GPS

Community

Area92116 - Normal Heights
School DistrictSan Diego Unified

Tax & Financial

TermsCash, Cash To New Loan, Conventional, Exchange1031, FHA, Va Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$8,276/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 3:15 PM

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