
4621 Alabama St San Diego, CA 92116
University Heights NeighborhoodEstimated payment $9,794/month
Highlights
- Gated Home
- Level Lot
- 4-minute walk to Trolley Barn Park
- Birney Elementary School Rated A
- Heating Available
About This Home
This exceptional property presents a rare investment opportunity in one of San Diego's most desirable neighborhoods. The property combines a beautifully remodeled Spanish-style 2-bedroom, 2-bathroom home with two fully furnished, remodeled studios. The main house is charming Spanish-style home with timeless craftsmanship and Mediterranean features. It boasts beautiful Italian hardwood floors, a remodeled kitchen with Italian tile backsplash and custom wood cabinetry, beamed ceilings, and new Pella windows. One studio is located above the garage and features a cantina door opening to an outdoor balcony, as well as a wet bar, refrigerator, and built-in Murphy bed. The bottom studio is a converted garage and has similar amenities. The property features mature landscaping, fruit trees (lemon, fig, pomegranate, passion fruit), and Spanish outdoor tile and new fencing for privacy and peaceful relaxation. Fully permitted plans are in place to add a second-floor ADU (Accessory Dwelling Unit) with a separate address, ready for immediate construction. Live in one unit, rent out the others, and maximize your income by adding the planned ADU. Just steps from Trolley Barn Park, cafes, restaurants, shopping and nightlife. Close to freeway access, 5 minute drive to Balboa Park and Downtown San Diego, this property has it all.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,976
Year Built
- Built in 1927
Lot Details
- 3,324 Sq Ft Lot
- Gated Home
- Property is Fully Fenced
- Level Lot
Parking
- Alley Access
Home Design
- Tar and Gravel Roof
- Clay Roof
- Stucco Exterior
Interior Spaces
- 2-Story Property
Utilities
- Heating Available
- Separate Water Meter
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Vacation Rental by Owner
- Assessor Parcel Number 445-061-10-00
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 | $12,976 | $1,082,016 | $832,320 | $249,696 |
2024 | $12,976 | $1,060,800 | $816,000 | $244,800 |
2023 | $5,934 | $481,605 | $178,899 | $302,706 |
2022 | $5,776 | $472,163 | $175,392 | $296,771 |
2021 | $5,737 | $462,905 | $171,953 | $290,952 |
2020 | $5,667 | $458,159 | $170,190 | $287,969 |
2019 | $5,567 | $449,176 | $166,853 | $282,323 |
2018 | $5,205 | $440,370 | $163,582 | $276,788 |
2017 | $80 | $431,736 | $160,375 | $271,361 |
2016 | $5,000 | $423,272 | $157,231 | $266,041 |
2015 | $4,927 | $416,915 | $154,870 | $262,045 |
2014 | $4,850 | $408,749 | $151,837 | $256,912 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/16/2025 08/16/25 | For Sale | $1,599,000 | +53.8% | $1,192 / Sq Ft |
03/29/2023 03/29/23 | Sold | $1,040,000 | -9.5% | $851 / Sq Ft |
12/13/2022 12/13/22 | Pending | -- | -- | -- |
11/28/2022 11/28/22 | Price Changed | $1,149,000 | -4.3% | $940 / Sq Ft |
11/03/2022 11/03/22 | For Sale | $1,200,000 | -- | $982 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,040,000 | Chicago Title | |
Quit Claim Deed | -- | -- | |
Grant Deed | $262,500 | New Century Title Company | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $936,000 | New Conventional | |
Previous Owner | $240,000 | Unknown |
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Source: San Diego MLS
MLS Number: 250036494

APN: 445-061-10
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