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3 homes for the price of 1! Live in one and use the income of the other two to offset your mortgage. Set on a 5,249 SF lot in one of San Diego's most walkable, sought-after urban neighborhoods, the charming 3BD/2BA main home offers the character, space, and location you have been searching for, with two additional income-producing units that make this property a smart investment now and into the future. The main residence lives like a classic University Heights gem: 1,334 SF with a bonus office/flex space, enclosed sunroom, in-unit laundry, full kitchen, large porch, and unique finishes throughout. What sets this property apart is the ability to generate income. Two additional units on the lot, a 529 SF 1BD/1BA and a 546 SF 1BD/1BA, both with full kitchens, quality appliances, and light-filled interiors, offer a rare opportunity to live in one unit or the main house while offsetting your mortgage with rental income, house a family member nearby, or create a dedicated guest or work space. Floor plans are provided in lieu of photography to respect current tenant privacy. Additional amenities include on-site laundry, 615 SF of storage, and 4 parking spaces (3 covered carport with storage and alley access) very rare and valuable finds in this part of the city. Location is everything here: walkable Park Boulevard living with independent restaurants, craft breweries, coffee shops, and live music just steps away. Old Trolley Barn Park nearby. Kensington, Normal Heights, Hillcrest, and North Park all within easy reach, with Balboa Park moments away. Downtown is 15-25 minutes via CA-163/I-8, and San Diego International Airport is under 5 miles out. Whether you're a buyer looking to live in a character-filled University Heights home with income potential, or you want extra space for multigenerational living, 4581 Georgia Street offers a rare combination of lifestyle and long-term value in a neighborhood where unique income asset generating properties are becoming harder to find!
Property Type(s):
Single Family
| Last Updated | 6/29/2026 | Year Built | 1977 |
|---|---|---|---|
| Community | 92116 - Normal Heights | County | San Diego |
Additional Details
| AREA | 92116 - Normal Heights |
|---|---|
| LOT | 5249 sq ft |
| LOT DIMENSIONS | 5249 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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