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 REMODEL OF BOTH UNITS. Bottom unit is currently rented for $2695 per month until June 2026.
Property Details
Price:
$1,149,000
MLS #:
PTP2501818
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
92115sandiego
Listed Date:
Mar 13, 2025
Lot Size:
2,086 sqft / 0.05 acres (approx)
Year Built:
1927
See this Listing
Schools
Interior
Cooling
See Remarks
Flooring
Laminate
Heating
Electric
Laundry Features
Common Area, Dryer Included, Gas & Electric Dryer Hookup, See Remarks, Washer Included
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Biking
Parking Spots
0.00
Roof
Composition, Shingle
Financial
Map
Community
- Address4518 Arizona San Diego CA
- Neighborhood92115 – San Diego
- CitySan Diego
- CountySan Diego
- Zip Code92116
Subdivisions in San Diego
- Bay Park
- Bayside BS
- Bonita
- Bonsall
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casablanca CSB
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- College Grove
- Coronado Shores
- Coronado Village
- Crown Point
- Crown Point CP
- Del Cerro
- Del Mar
- Downtown
- DWTN
- East Del Mar
- East San Diego
- East Village 400
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Costa
- La Jolla
- La Mesa
- Lemon Grove
- Linda Vista
- Logan Heights
- Marbella MB
- Middletown
- Mira Mesa
- Mission Beach
- Mission Greens R1 MG
- Mission Hills
- Mission Valley
- Mission Village
- Normal Heights
- North Park
- Ocean Beach
- Old Town
- olive street
- Pacific Beach
- Paradise Hills
- Park Villas South
- PL
- Point Loma
- Poway
- Presidio PRES
- Promontory PROM
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- RB
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- SBS
- Scripps Ranch
- SD
- Serra Mesa
- Solana Beach
- Sonoma Tract 8 1118
- South Sd
- Spinnaker Point SPINP
- Spring Valley
- Stonebridge 3700
- Talmadge
- The Cottages COTT
- Tierrasanta
- Torrey Highlands
- UC
- University City
- University Heights
Market Summary
Current real estate data for Residential Income in San Diego as of Oct 21, 2025
181
Residential Income Listed
173
Avg DOM
$1,827,366
Avg List Price
Property Summary
- 4518 Arizona San Diego CA is a Residential Income for sale in San Diego, CA, 92116. It is listed for $1,149,000
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