4563 67 51st Street, San Diego, California 92115, San Diego, 92115 - 0 bed, 0 bath
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4563 67 51st Street
San Diego, California 92115
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,932Sq Ft
5,662.8Lot Size
Property Price
LIST PRICE$1,850,000
SUMMARY
Turnkey Talmadge triplex with an attractive 5.625% assumable loan opportunity for eligible VA buyers (approx. $1,675,000 remaining principal). This property is composed of a 3-bed/2-bath residence, attached studio ADU with private entrance, detached 2-bed/2-bath unit, and 7 dedicated parking spaces. Extensively renovated in 2022–23, all units feature newer roofs, windows, plumbing, electrical upgrades, modern finishes, and private laundry. Located less than 2 miles from SDSU, the property offers strong rental appeal and proven vacation rental performance, generating $153,528 in gross vacation rental income in 2024. Currently leased for a combined $10,020/month: $6,100 for the 3-bed and studio (month-to-month) and $3,920 for the furnished 2-bed (leased through Feb. 2027). Additional upside potential with utility infrastructure in place for a possible fourth unit (buyer to verify). Some images have been virtually staged.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2022–23, which is well within the <5-year threshold for an 'Excellent' rating. Upgrades include newer roofs, windows, plumbing, and electrical systems. The kitchens and bathrooms feature modern finishes, shaker cabinets, and stainless steel appliances, making it a turnkey, mint-condition investment.
PROSSTRENGTHS & OPPORTUNITIES
- Attractive Assumable Financing
The property features a rare 5.625% assumable VA loan opportunity for eligible buyers, offering a significant interest rate advantage over current market levels and enhancing overall cash flow.
- Turnkey Income Generation
Extensively renovated in 2022–23 with newer roofs, systems, and modern finishes, this triplex is a high-performing asset with a proven gross vacation rental income of over $153,000 in 2024.
- Development and Density Upside
With seven dedicated parking spaces and utility infrastructure already in place for a potential fourth unit, the property offers rare value-add potential in a high-demand rental pocket near SDSU.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5662, other record lot size in square feet = 5827.
- High Price Per Square Foot
At a list price of $1.85M for 1,932 square feet, the cost per square foot is substantially higher than the area average, placing a heavy reliance on rental yields rather than underlying real estate value.
- Low School Ratings
The assigned public schools for this address have low ratings (ranging from 3 to 4), which may limit the property's appeal to long-term family tenants and impact future resale demand for owner-occupants.
About 4563 67 51st Street
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1951
- Lot Size
- 5,662.8 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Fay Elementary School
Grades K-5 • 0.6 mi
3/10
Mann Middle School
Grades 6-8 • 0.4 mi
4/10
Crawford High School
Grades 9-12 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 3.1 |
| Square foot | 1,932 | 1,907.722 |
| Lot Size | 5,662.8 | 6,135.853 |
| Price | $1.85M | $1.09M |
| Price per sq ft | $958 | $597 |
| Built year | 1951 | 1971 |
| HOA | $0 | $365 |
| Days on market | 3 | 62 |
Pricing History
Listed for Sale
Oct 22, 2026
$1,850,000
Initial Listing
Sold
May 26, 2023
$1,700,000
Public Record
Sold
Nov 23, 2021
$842,000
Public Record
Sold
Jan 15, 1999
$145,000
Public Record