4231 54th Place
Ctop 80%San Diego, CA 92115
One license per person in San Diego: whether you can hold it depends on you, not only the home.
10 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 14, 2026.
Pass at asking: -$3,823/mo full cashflow at 20% down, 7.36% rate.
Works at $289,714 (63% under asking), or at 91% down.
Rent $2,875/mo from 13 leases of 1–3 bed houses within 1 mi ($2,822–$3,345).
Beds
2
Baths
1
Sqft
852
Year Built
1952
Days on Market
45
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2607348
This property is in San Diego (92115). View neighborhood stats →
About This Property
Fully Renovated 2-Bedroom Home with Large Yard & Detached Garage Beautifully renovated 2-bedroom, 1-bathroom home offering 852 sq. ft. of comfortable living space. This move-in-ready property features new flooring, fresh interior paint, renovated bathrooms, dual-pane windows, central A/C, and a modern kitchen with quartz countertops and stainless steel appliances. Enjoy the outdoors with a large front and backyard, offering plenty of room for entertaining, gardening, relaxing, or creating your own outdoor oasis. The property also includes a detached garage and new roof, providing added convenience and peace of mind. A wonderful opportunity for a first-time buyer, investor, or anyone looking for a turnkey home with modern updates, comfortable living, and a spacious yard.
Mortgage Calculator
Est. Monthly Payment
$5,379
Location
Loading map...
Zoned Schools
Elementary
Fay Elementary · grades PK-5 · San Diego Unified
Middle
Mann Middle · grades 6-8 · San Diego Unified
High
Crawford High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$2,875
Comp Average
$3,114
6468 Cleo Street
3bd / 1ba · 996 sqft · Single Family
$799K
Est. $3,707/mo
5840 Trojan Ave
2bd / 1ba · 914 sqft · Single Family
$799K
Est. $3,024/mo
6303 Cleo St.
2bd / 1ba · 884 sqft · Single Family
$860K
Est. $3,002/mo
4130 Vista Grande Drive
2bd / 1ba · 806 sqft · Single Family
$895K
Est. $2,921/mo
4547 Contour Blvd
2bd / 2ba · 830 sqft · Single Family
$899K
Est. $2,918/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 1–3 bed houses within 1 mi · $2,822–$3,345
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,823/mo short at 20% down; 91% down or +$4,965/mo rent closes it.
- Break-even price
- $289,714
- Break-even rent
- $7,840/mo
- Cashflow at 35% down
- −$3,006/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
63% under asking
$4,965/mo above the estimate
$718,899 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
Open Full Calculator