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  • 4811 Castle Avenue

4811 Castle Avenue, San Diego, CA 92105

$780,000 Approx. USD 0 beds, 0 baths

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Photo of Brenda Vejar

Brenda Vejar REALTOR® - Sales Associate 619-210-5309 m
619-210-5309 o
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com Text Me
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Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
Phone: 619-595-7020
Fax: 619-702-9044
 San Diego Downtown 516 5th Ave
San Diego, CA 92101
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Listing Agent


Angela Kim | angiemodern@icloud.com
Lic#: 01931585
Broker: Courtesy of AK Real Estate
Phone: 858-663-1372

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PTP2604921
Price: $780,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 2013
1 story
0.14 acres
Lot size: 0.1431
County: San Diego
Zoning: Rs1-7
Appliances: Gas Cooking,Refrigerator,Water Heater
Parking description: Door-Single,Driveway,Garage
Lot description: Front Yard,Value In Land
Heating/cooling: None
MLS area: 92105 - East San Diego

Last Updated: 6/30/2026

 Days On Market (DOM): 4

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This listing belongs to the 92105 - East San Diego MLS area

Lat/Long: 32.744817, -117.091632.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Brenda Vejar

Brenda Vejar REALTOR® - Sales Associate 619-210-5309 m
619-210-5309 o
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com
San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
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