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4608 Georgia St, San Diego, CA 92116

Sale Price: $1,754,000
Jun 5, 20252,370 sqft3 beds0 baths
Listed by: Kate Goodwin
License #: 02095930
Phone #: 858-337-1341
eXp Realty of Southern CA
Source:
CRMLS Logo
MLS #: NDP2505419

Property Description

Welcome to 4608 Georgia Street, a rare, designer-upgraded multifamily gem located in the heart of University Heights, one of San Diego’s most walkable and desirable neighborhoods. This is not your typical rental property; this fully furnished, turnkey 5-unit investment has been thoughtfully curated with upscale finishes that you don’t come across very often. Special seller financing is also available for this property. Originally designed for traveling medical professionals and executives, the property offers stable in-place income and a desirable unit mix consisting of two studios, two 1-bedroom/1-bathroom units, and one 2-bedroom/2-bathroom unit. Each unit has been tastefully upgraded over the last three years with chef-caliber kitchens featuring luxury cabinetry, high-end stainless steel appliances, and premium countertops. Bathrooms have been fully remodeled with modern, high-end finishes. All units include either in-unit stackable washer/dryers or access to shared laundry, and are equipped with efficient mini-split HVAC systems. Recent improvements include fresh exterior paint completed in April 2025 and a newer rear deck (2023) with a spiral staircase (2025). All five units are currently rented at market rates, the 2-bedroom unit is used by the owner and offers immediate flexibility for owner-occupancy. The property also features private patios and decks, french doors, seven off-street parking spaces, and separately metered utilities for most units. Just two blocks from Trolley Barn Park and Park Boulevard, residents enjoy easy access to local cafes, restaurants, boutiques, and neighborhood amenities. Zoned RM-3-9, this truly one-of-a-kind property is ideal for investors or owner-occupants seeking a high-quality, low-maintenance asset with both near-term upside and long-term value in one of San Diego’s premier rental markets. Property is 4 legal units with a 5th unit (Studio) that is non-conforming. Buyer to investigate the viability of perfecting the 5th unit.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,256

TurboHome Estimated Value

$1,872,700

$790 sqft

High Valuation
$1,966,335
$830/sqft
Normal Valuation
$1,872,700
$790/sqft
Low Valuation
$1,779,065
$751/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$790/sqft$1,872,700

Neighborhood: West University Heights

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Comparative Value

$1.75M

$1.79M

4608 Georgia St, San Diego, CA 92116

Sale Price: $1,754,000

Selected Comparable

4608 Georgia St, San Diego, CA 92116

List Price: $1,795,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
4608 Georgia St, San Diego, CA 92116

4608 Georgia St, San Diego, CA 92116

List: $1,795,000

Listed: 6/5/2025

Area:2,370 sqft
Price/sqft:$757
Beds:3
Baths:
Year Built:
Lot Size:3,114

Comparable Properties

COMPARABLE
Choose comps
4608 Georgia St, San Diego, CA 92116

4608 Georgia St, San Diego, CA 92116

Sale: $1,754,000

7/29/20250.00 mi

Area:2,370 sqft
Price/sqft:$740
Beds:3
Baths:
Year Built:
Weight:100.0%

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