Millman Team Real Estate

$1,599,000
0.08 Acre Lot

4621 Alabama, San Diego, California 92116

  • Residential Income Property Type
  • 1927 Year Built
Property Description

This exceptional property presents a rare investment opportunity in one of San Diego’s most desirable neighborhoods.  The property combines a beautifully remodeled Spanish-style 2-bedroom, 2-bathroom home with two fully furnished, remodeled studios.  The main house is charming Spanish-style home with timeless craftsmanship and Mediterranean features. It boasts beautiful Italian hardwood floors, a remodeled kitchen with Italian tile backsplash and custom wood cabinetry, beamed ceilings, and new Pella windows.  One studio is located above the garage and features a cantina door opening to an outdoor balcony, as well as a wet bar, refrigerator, and built-in Murphy bed.  The bottom studio is a converted garage and has similar amenities. The property features mature landscaping, fruit trees (lemon, fig, pomegranate, passion fruit), and Spanish outdoor tile and new fencing for privacy and peaceful relaxation.  Fully permitted plans are in place to add a second-floor ADU (Accessory Dwelling Unit) with a separate address, ready for immediate construction.  Live in one unit, rent out the others, and maximize your income by adding the planned ADU.  Just steps from Trolley Barn Park, cafes, restaurants, shopping and nightlife. Close to freeway access, 5 minute drive to Balboa Park and Downtown San Diego, this property has it all.

Basic Details
Residential Income
For Sale
250036494SD
$1,599,000
1927
0.08 Acre
Active
Features
: Combination
: See Remarks
$0
Address Map
CA
San Diego
San Diego
University Heights
92116
Alabama
4621
Heading 8E, Texas St to Madison St, Rt on Madison, Rt on Alabama St. CrossStreet: Madison Ave
92116 - Normal Heights
Additional Information
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$0
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$0
: Two
3
2025-08-15
NA
2
2
https://visithome.ai/Spd6zqaDJHT2vv82LmK3N5?mu=ft&m=0&t=1754952709
Broker/Agent Information
Proptero Holdings, Inc.
Mathieu Pollenz
Listing Information
Brenda Dalloul
SAND-642112
SAND-69375
Keller Williams La Jolla
SAND-703888
SAND-992343
Cash,Conventional,VA Loan
Active
2025-08-16T20:21:49Z
CRMLS
2025-08-15T17:00:00Z
Agent info
Ray Millman
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