USACASan Diego4811 Castle Ave
Listing image | Image 1

4811 Castle Ave, San Diego, CA

House

For Sale

Listed price in listed location currency (USD).
$780,000

003

MLS® PTP2604921

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 0
Lot Size 0.1431 Acres
Approx. Age 2013
MLS® Number PTP2604921

Property Address: 4811 Castle Ave, San Diego, CA, 92105-2914

Average square foot calculated using Size range provided by listing agent.

Description

Rare dual-unit income property in the heart of City Heights — priced to move in a market with virtually no two-unit inventory. Two detached units currently generating $3, 850 per month and that's the opportunity. At $1, 925 per unit, both units are running significantly below of $2, 695, leaving nearly $1, 700 per month in unrealized income sitting on the table. For the right investor, that gap is the deal. Or Live in one and rent out the Other Unit! On 2 separate SDGE gas and electric meters and 1 water meter. Features a large backyard with 2 sheds. With two long-term tenants in place, the cash flow is stable from day one. The path to market rents runs through lease turnover, strategic renovation, or both and the property supports it. A detached oversized one-car garage offers genuine ADU conversion potential, adding a possible third income stream on top of the upside already built into the existing units. City Heights puts your tenants at the center of everything just minutes from SDSU, downtown San Diego, City College, and some of the county's largest healthcare and government employers. Easy access to the 8, 15, and 805 makes the entire county commutable from a surprisingly quiet, residential pocket of the city. Two-unit properties in this submarket rarely surface. When they do at this price point and with this much room to run — serious investors move fast.
MLS® NumberPTP2604921
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2013
Basement
DrivewayDoor Single, Driveway, Garage
Garage Spaces
Heat
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 29, 2026List Date
$780,000List Price
  • Commute

Commute

Starting Address
Destination Address
4811 Castle Ave, San Diego, CA

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