2520 Madison Ave

2520 Madison Ave

D

San Diego, CA 92116

$849,950
NEW — 2d on market

Soft Appraisal Value: $845,500 · 0.5% above estimate

Beds

2

Baths

1

Sqft

669

Year Built

1924

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007840SD

View on MLS

Description

Welcome to 2520 Madison Ave, a beautifully upgraded Craftsman-style home in the heart of highly sought-after University Heights. Blending timeless character with thoughtful modern improvements, this residence offers warmth, charm, and functionality throughout. Inside, you’ll find refinished original hardwood floors, abundant natural light, crown molding, and a cozy remodeled wood-burning fireplace that anchors the living space. The updated kitchen features butcher block countertops, a farmhouse sink with water filtration, stylish tile flooring, and newer appliances—creating a space that is both inviting and practical. The home has been extensively improved with upgraded systems, lighting, and fixtures, including energy-efficient mini-split heating and cooling, a new water heater, and refreshed interior details throughout. Step outside to a fully reimagined outdoor setting designed for both relaxation and entertaining. The property features drought-tolerant landscaping, mature fruit trees, custom hardscape, a pergola, propane fire pit, and multiple seating areas—offering a private and low-maintenance retreat. A newer retaining wall, wood fencing, and enhanced exterior lighting add both beauty and function. An additional outdoor tool shed provides convenient storage. Additional highlights include a detached garage with laundry, new doors, and added storage, plus a long driveway for ample parking. Ideally located just minutes from Trolley Barn Park, vibrant cafes, restaurants, and neighborhood shops, with easy access to Balboa Park and Downtown San Diego—this home offers the perfect blend of character, upgrades, and prime location.

Mortgage Calculator

Est. Monthly Payment

$5,396

Principal & Interest$4,298
Property Tax$850
Insurance$248
%($169,990)
%

Investment Score

1D
Est. Monthly Rent
$2,754
Monthly Cashflow

Rent − PITIA

$-2,642
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,983

Mortgage (P+I)
$4,298
Cap Rate
0.44%
Cash-on-Cash
-28.12%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$7,927

NOI (Annual)
$3,772
Price-to-Rent

Lower = better for investors

25.7

* 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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