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Millman Team Real Estate

$1,570,000
5 Bed
4 Bath
3,258 Sqft
0.12 Acre Lot

4581 Georgia Street, San Diego, California 92116

  • Residential Property Type
  • 3,258 Sqft Square Footage
  • 1977 Year Built
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!

Basic Details
Residential
For Sale
NDP2606227
$1,570,000
Neighborhood
5
4
3,258 Sqft
1977
0.12 Acre
Active
4
1
Single Family Residence
Features
: None
: None
: None
4.0
: Bedroom on Main Level, Main Level Primary, Utility Room
: Gas Dryer Hookup, Electric Dryer Hookup, Common Area
: Public Sewer
$0
Appliances
: Dryer, Washer
Address Map
CA
San Diego
San Diego
92116
Georgia
4581
Street
W118° 51' 18.8''
N32° 45' 38.1''
Easy to find, use GPS
92116 - Normal Heights
R-M
Neighborhood
San Diego Unified
Additional Information
$0
$0
$0
$0
$0
: Sidewalks, Street Lights, Curbs
1
: Two
: 0-1 Unit/Acre
2026-06-29
1570000
2
2
http://www.4581georgia.com
http://www.4581georgia.com/mls/236741401
Broker/Agent Information
Compass
Tanya Parks
Listing Information
125362
19337
Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Active
2026-07-17T01:13:35Z
CRMLS
: Trust
2026-06-28T17:00:00Z
Agent info
Ray Millman
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