MLS# 250033634 – 4333 Florida St, San Diego, CA 92104

Price: $1,485,000
Units: 2
Property Type: Res Income 2-4 Units
Status: Active
Year Built: 1953
Neighborhood: University Heights
Days on Website: 15

Courtesy of Marcus & Millichap 858-373-3100

Property Description

4333 Florida Street sits in the highly desirable neighborhood of University Heights, which continues to be one of the most in-demand rental markets in uptown San Diego. Built in 1953 and extensively improved in 2022, the 2-unit complex boasts a Walk Score of 95 and totals approximately 1,661 rentable square feet. The lot size is approximately 5,622 square feet and is situated in Complete Communities Tier 3 (6.5 FAR), offering future redevelopment potential. Both units are standalone cottages with no shared walls and ample yard space. The front unit is a 2-bedroom/1-bath cottage, and the back unit is a spacious 3-bedroom/1-bath cottage. Both units have been recently remodeled with new vinyl plank flooring, hardware, recessed lighting, and updated kitchens and bathrooms. The exteriors have also been extensively improved with new doors, dual-pane vinyl windows, siding, and paint. The units are ready to rent but could be further upgraded by adding in-unit washer/dryers and air conditioning. Attractive tenant offerings include ample yard and patio space for each unit and three detached single-car garages, which also have the potential for an ADU conversion. Both units will be delivered vacant, making this an ideal opportunity for investors, owner-users, and developers with ample possibilities. Located only two blocks from Park Boulevard, the property is within walking distance of all the best of University Heights. The 8 and 163 freeways are also nearby, providing easy access for tenants. 4333 Florida Street ultimately pre

Open House

Property Details and Features

  • Bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 5 total bedrooms
  • Building
  • Built in 1953
  • Building area total: 1661
  • 3 number of buildings
  • 1 story total
  • Living area: 0
  • Living area units: Sqft
  • Building area units: Sqft
  • Building name: None
  • 2 total units
  • “Wood/Stucco”
  • “1 Story”
  • Cooling
  • “N/K”
  • Expenses
  • Operating expense: $31,201
  • Fence
  • “Partial”
  • Income
  • Gross scheduled income: $92,400
  • Listing
  • Listing ID: 250033634
  • List price: $1,485,000
  • 15 days on market
  • Listing contract date: 2025-07-17
  • MLS area major: Metro Uptown
  • Special listing conditions: “N/K”
  • “Other/Remarks”
  • Location
  • Subdivision: UNIVERSITY HEIGHTS
  • Lot
  • Size units: Acres
  • Property
  • Property subtype: Res Income 2-4 Units
  • Property type: Residential Income
  • Roof
  • “Composition”
  • Security Features
  • “N/K”
  • Tenant Pays
  • “Electricity”
  • “Gas/Propane”

Property Map

$1,485,000 – 4333 Florida St, San Diego, CA 92104

Street View

Nearby Schools

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Marc Lyman delivers results with a proven track record in San Diego real estate. Marc leverages more than a decade of expertise in San Diego's dynamic real estate market. Known for his innovative marketing strategies, unwavering integrity, exemplary communication, and tenacious commitment to client satisfaction, Marc orchestrates smooth and seamless transactions while always prioritizing your best interests. With sharp negotiation skills, a deep understanding of San Diego’s neighborhoods, and a strategic, client-focused approach, Marc is dedicated to providing conscientious counsel and maximizing your real estate success. Whether you're buying or selling a home in San Diego, connect with Marc today and experience the expertise that leads to successful real estate results.

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MLS# 250033634 – 4333 Florida St, San Diego, CA 92104