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
MLS #
CRNDP2602771
MLS Source
California Regional MLS
Days on Site
6
Appliances
Dryer, Washer
Pool
None
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 3 |
4581 Georgia St is a Triplex in San Diego, CA 92116. This – square foot property sits on a 5,249 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,585,000 and was built in 1977. This address can also be written as 4581 Georgia St, San Diego, CA 92116.
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This listing information is up-to-date as of March 25, 2026. For the most current information, please contact Tanya Parks, (619) 550-8887