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$780,000
4811 Castle Avenue, San Diego, CA 92105
AK Real Estate
MLS® PTP2604921
5Beds
2Baths
1Days Listed
About This Property
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.
Angela KimAK Real Estate858-663-1372MLS® PTP2604921
Virtual Tour
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 2
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 1
- Original Price
- $780,000
- MLS® Number
- PTP2604921
Location & Neighborhood
What's nearby 4811 Castle Avenue, San Diego, CA 92105
Nearby Schools
- Marshall Elementary School0.3 mi
elementary
- Rosa Parks Elementary School0.4 mi
elementary
Parks & Recreation
- 0.5 mi
Transit Access
- Euclid Avenue & Castle Avenue96 yrd
Bus Stop
- Euclid Av & Castle Av0.1 mi
Bus Stop
- Euclid Avenue & Isla Vista Drive0.1 mi
Bus Stop
- Euclid Avenue & Wightman Street0.2 mi
Bus Stop
- Euclid Av & Wightman St0.3 mi
Bus Stop
Local Amenities
Dining
- Key and Cleaver0.3 mi
- Lò Bánh Cuốn Tân Định0.3 mi
Grocery
- Minh Huong Supermarket0.4 mi
- SBAOA K&S Halal Market0.4 mi
Coffee & Cafes
- Cafeina Cafe0.4 mi
POI data updated 7/19/2026
San Diego Market Snapshot
3,167
Active Listings
$790K
Median Price
31
Avg Days on Market
Last updated: Jun 29, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$780,000