
4518 Arizona St San Diego, CA 92116
North Park NeighborhoodEstimated payment $7,196/month
Highlights
- No HOA
- Cooling Available
- Bike Trail
- Birney Elementary School Rated A
- Laundry Room
- Partially Fenced Property
About This Home
Turn key, Rare Opportunity, Updated 2 Unit property in the Highly coveted 92116 zip code of University Heights! Location, Location! Possibly convert to single-family home? This rare find features two meticulously updated units. Offering incredible potential whether you're an investor looking for rental income or an end user wanting to offset your mortgage. SHORT TERM RENTALS OK IN THIS AREA. Great News! The City of San Diego has reconfigured the parking on this street. They have gone from parallel parking to perpendicular parking. There is now an abundance of parking. Charming completely renovated front unit with New Premium Flooring, New kitchen, , New Stainless Steel appliances, New Countertops , New Cabinets . New Windows, Newer Roof, 3 new heat/ac Split Systems in each bedroom and Living room. Primary features a spacious walk-in closet. This unit also offers a charming front yard with a cozy porch. Lower unit has been updated with New Premium flooring, Fresh Paint, New Windows, 2 Heat/AC split systems. Large Living area and Bedroom.Updated Bathroom. Double storage also. Don't Miss out, this is a gem. DAYS ON MARKET REFLECT TENANT REMOVAL AND FULL REMODEL OF BOTH UNITS.
Listing Agent
Coldwell Banker West Brokerage Email: goodricman@gmail.com License #01173208 Listed on: 03/13/2025

Open House Schedule
-
Friday, July 25, 20253:00 to 5:00 pm7/25/2025 3:00:00 PM +00:007/25/2025 5:00:00 PM +00:00Add to Calendar
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Saturday, July 26, 202511:00 am to 2:00 pm7/26/2025 11:00:00 AM +00:007/26/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,983
Year Built
- Built in 1927
Lot Details
- 2,086 Sq Ft Lot
- 1 Common Wall
- Partially Fenced Property
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,368 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 08255
- Tax Tract Number 8255
- Assessor Parcel Number 4451612100
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $76,800
- Net Operating Income $57,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $9,983 | $826,200 | $714,000 | $112,200 |
2024 | $9,983 | $810,000 | $700,000 | $110,000 |
2023 | $1,693 | $135,376 | $99,555 | $35,821 |
2022 | $1,648 | $132,722 | $97,603 | $35,119 |
2021 | $1,637 | $130,121 | $95,690 | $34,431 |
2020 | $1,617 | $128,787 | $94,709 | $34,078 |
2019 | $1,589 | $126,262 | $92,852 | $33,410 |
2018 | $1,487 | $123,787 | $91,032 | $32,755 |
2017 | $1,452 | $121,361 | $89,248 | $32,113 |
2016 | $1,427 | $118,983 | $87,499 | $31,484 |
2015 | $1,406 | $117,197 | $86,185 | $31,012 |
2014 | $1,385 | $114,902 | $84,497 | $30,405 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/03/2025 07/03/25 | Price Changed | $1,149,000 | -2.2% | $840 / Sq Ft |
05/20/2025 05/20/25 | Price Changed | $1,175,000 | -1.8% | $859 / Sq Ft |
03/13/2025 03/13/25 | For Sale | $1,197,000 | +52.5% | $875 / Sq Ft |
11/03/2023 11/03/23 | Sold | $785,000 | +6.2% | $523 / Sq Ft |
10/06/2023 10/06/23 | Pending | -- | -- | -- |
09/22/2023 09/22/23 | For Sale | $739,000 | 0.0% | $493 / Sq Ft |
09/13/2023 09/13/23 | Pending | -- | -- | -- |
09/07/2023 09/07/23 | For Sale | $739,000 | -- | $493 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $810,000 | First American Title | |
Grant Deed | $785,000 | First American Title | |
Warranty Deed | -- | -- | |
Deed | $62,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $798,000 | New Conventional |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2501818

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