2120 Madison Ave
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2120 Madison Ave

C

San Diego, CA 92116

$999,900
NEW — 2d

Beds

2

Baths

2

Sqft

806

Year Built

1945

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015692SD

This property is in San Diego (92116). View neighborhood stats →

About This Property

Welcome to 2120 Madison Ave a fully reimagined residence nestled beneath swaying palms in one of San Diego's most vibrant neighborhoods. This turnkey home blends modern coastal style with timeless craftsman charm, just minutes from the dining and energy of North Park and Adams Avenue. From the curb, the striking black-trim exterior, fresh white siding, new roof, and custom cedar fencing make an unforgettable first impression. Inside, an open-concept floor plan features wide-plank luxury vinyl flooring, smooth ceilings, and recessed lighting throughout. The chef's kitchen stuns with two-tone cabinetry, quartz countertops, a vertical tile backsplash, GE stainless gas range with island hood, and matte black fixtures — all flowing seamlessly into the dining and living areas, perfect for entertaining. Both bathrooms are fully renovated with designer tile, new vanities, and updated fixtures. The master bath features a custom hot-mopped tile shower and stylish barn door entry. Bedrooms are bright and spacious with new flooring, ceiling fans, and mirrored closet doors. Out back, enjoy a private retreat with artificial turf, a stone fire pit, pergola privacy screen, and detached garage with epoxy floors, offering great ADU potential. Additional highlights include a new electrical panel, updated windows, new wall heater, drought-tolerant landscaping with irrigation, and a complete professional repaint inside and out. Every detail has been thoughtfully considered — this one won't last!

Mortgage Calculator

Est. Monthly Payment

$6,348

Principal & Interest$5,056
Property Tax$1,000
Insurance$292
%($199,980)
%

Location

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Investment Score

11D
Est. Monthly Rent
$3,451
Monthly Cashflow

Rent − PITIA

$-2,897
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,524

Mortgage (P+I)
$5,056
Cap Rate
0.64%
Cash-on-Cash
-27.15%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$9,326

NOI (Annual)
$6,385
Price-to-Rent

Lower = better for investors

24.1

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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