Active

4221 51st St

San Diego, CA 92115

$595,000 $2,508/Mo

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Overview

Acres (Lot)

Description

Variance granted Lot/Land: Opportunity to acquire a centrally located infill site in the high-demand rental market of City Heights. The property features a recently vacated single-family residence, presenting immediate value-add potential through renovation or repositioning while pursing plans for future development. Currently zoned RM 1-3, the site also benefits from both Transit Priority Area (TPA) and Complete Communities designations—unlocking enhanced density potential, increased floor area ratios, and additional height allowances, making it ideal for a multifamily project. Situated less than a block from Colina Park Golf Course and the adjacent recreation center, the property is also within walking distance to multiple elementary, middle, and charter schools. The location also o ffers convenient access to San Diego State University, public transit options and excellent connectivity to all major San Diego freeways, enhancing long-term tenant appeal and reinforcing the site’s Transit Priority designation benefits. This is a compelling opportunity for developers and investors to capitalize on both immediate income potential and long-term redevelopment upside in one of San Diego’s active growth corridors.

Property Details

Property Type : Land

Price : $595,000

AD Id : 78918044

MLS Id : 260010682SD

County : San Diego

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0

Listing Price Information

Original List Price: 595,000 Listing Contract Date: 2026-04-22
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 4721620800

Other Property Info

Source Listing Status: Active Source Neighborhood: 92115 - San Diego Directions: CrossStreet: Orange Ave Zoning: RM 1-3 Source Property Type: Land Area: 92115 - San Diego

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
5665 Toyon Rd, San Diego, CA, 92115	$1,250,000	--	--	--	30,927 Sqft(Lot)
4230 45th St, San Diego, CA, 92115	$999,999	--	--	--	9,386 Sqft(Lot)

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ByOwner last updated this listing 06/10/2026 @ 19:03

MLS: 260010682SD LISTED BY: Libby Brignon, Keller Williams Realty 858-720-1900 SOURCE: CRMLS