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Julie Mulcahy

allyourdreamhomes@gmail.com +1(702) 278-3559

$ 1,570,000

Est. payment | -/mo

5 Beds

4 Baths

3,258 SqFt

Save Virtual Tour

$ 1,570,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

4 Baths

3,258 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,258 sqft

Price per Sqft $481

MLS Listing ID NDP2606227

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1977

Lot Size 5,248 Sqft

Property Sub-Type Single Family Residence

Property Description

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!

Location

State CA

County San Diego

Area 92116 - Normal Heights

Zoning R-M

Rooms

Main Level Bedrooms 3

Interior

Interior Features Bedroom on Main Level, Main Level Primary, Utility Room

Cooling None

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Carport Spaces 4

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Level or Stories Two

New Construction No

Schools

School District San Diego Unified

Others

Senior Community No

Tax ID 4451320400

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Trust

Virtual Tour https://www.4581georgia.com/mls/236741401

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Tanya Parks Compass tanyaparksre@gmail.com, DRE #01961090

Nearby School & Business

+1(702) 278-3559

allyourdreamhomes@gmail.com

39899 Balentine Dr. Suite 200, Newark, CA, 94560, United States

4581 Georgia ST San Diego, CA 92116