4581 Georgia St, San Diego, CA, 92116
About This Home
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 miles away. Strong rental demand supported by proximity to SDSU, USD, downtown employment, and the medical corridor. Whether you're an investor or a buyer ready to house-hack your way into San Diego — 4581 Georgia Street is the phenomenal opportunity you have been searching for.
Getting Around
Walker's Paradise
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1977
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Washer
- Laundry features: Washer Hookup,Gas Dryer Hookup,Laundry Room
Features
- Common walls with other units/homes: 2+ Common Walls
Heating
- Heating features: Wall Furnace
Interior Area
- Total structure area: 3,258
- Total interior livable area: 3,258 sqft
Property
Details
- Parcel number: 4451320400
- Attached to another structure: Yes
- Zoning: R-M
- Special condition: Trust
Features
- Entry location: 1
- Pool features: None
Lot
- Lot size: 5,249 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 4
- Parking features: Carport
- Covered spaces: 4
- Carport: Yes
- Carport spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,938 | $95,256 |
| Home Insurance * | $250 | $3,000 |
| Property Taxes | $2,203 | $26,436 |
| Electricity | $698 | $8,383 |
| Total | $11,089 | $133,068 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Listed for sale | $1,585,000 |
| 2022-03-06 | Listing removed | -- |
| 2022-03-02 | Listed for rent | $3,495 |
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