$2,050,000
$450K PRICE DROP

4951 57 Genesee Ave San Diego, CA 92117

North Clairemont Neighborhood

Estimated payment $12,823/month

Total Views 9,486
8 Beds
6 Baths
2,928 Sq Ft
$700 Price per Sq Ft

Highlights

  • Private Yard
  • Laundry Room
  • No Heating
  • No HOA
  • Landscaped

About This Home

Discover an exceptional investment opportunity in the heart of Clairemont - a newly renovated 4 bedroom single family residence with 3 brand new ADU's for a total of 4 units, offering strong cash flow and long-term growth potential. Nestled in a desirable, centrally located neighborhood. This property features a large attached garage, outdoor patios and washer/dryers installed in each unit. Easy access to major freeways and shopping. Whether you're a seasoned investor or new to real estate, this turnkey asset is a rare chance to secure stable income and appreciation in one of San Diego’s most consistent rental markets. Unit breakdown: 4bed/2bath, 2bed/2bath, and 2x 1bed/1bath.

Listing Agent

Christian Ballow

Gene Bowman Realty Brokerage Email: Christian@genebowman.com License #02046669 Listed on: 07/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,000 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Private Yard

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,928 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 355-336-02-00
  • Tax Tract Number 3617
  • Assessor Parcel Number 3553360200
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $111,735

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.50
  • Property Attached: No
  • View: No
  • Zoning: R-4 MFR
  • Property Type: Residential Income
  • Parcel Number: 3553360200
  • Year Built: 1958
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 700.14

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Scheduled Income: 148980.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 111735.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 37245.00
  • Rent Control: No
  • Total Actual Rent: 12415.00

Tax Info

  • Tax Lot: 355-336-02-00
  • Tax Tract Number: 003617

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Price Changed $2,050,000 -2.4% $700 / Sq Ft
10/07/2025 10/07/25 Price Changed $2,100,000 -7.9% $717 / Sq Ft
09/02/2025 09/02/25 Price Changed $2,280,000 -8.8% $779 / Sq Ft
07/22/2025 07/22/25 For Sale $2,500,000 -- $854 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2505542

California Regional Multiple Listing Service (CRMLS)
California San Diego County San Diego 92117 North Clairemont

4951 57 Genesee Ave, San Diego, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Christian Ballow
Listing Agent
Christian Ballow
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Gene Bowman Realty
(858) 293-1756