4483 New Jersey St.
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4483 New Jersey St.

D

San Diego, CA 92116

$2,399,000
NEW — 3d

Soft Appraisal Value: $2,347,300 · 2.2% above estimate

Beds

4

Baths

3.5

Sqft

2,908

Year Built

1962

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013630SD

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

Virtual Tour

About This Property

Beautifully remodeled custom residence in the heart of University Heights. Extensively upgraded throughout, this home offers size, thoughtful design, and exceptional indoor-outdoor living - a rare find in the metro area. The expanded downstairs living area creates a stunning great-room feel w/ brilliant white oak flooring, abundant natural light, and a seamless connection between living spaces. Chef’s kitchen features upgraded appliances, quartz countertops & custom cabinets. Upstairs, the spacious primary suite features a walk-in closet, and a spa-inspired bathroom with dual vanities and a beautiful shower enclosure w/ skylight. All bedrooms are generously sized and well-appointed w/ custom closets & ceiling fans. Detached 2 car garage off the alley provides excellent parking, storage, and flexible utility. Expansive west-facing roof deck is perfect for entertaining & sunset views, and exceptional backyard features a large pergola, fireplace, tranquil fountain, turf area, and mature landscaping for privacy and relaxation. Ideally located on a quiet street near restaurants, cafes, parks, schools, shopping, and freeway access. Homes of this size, quality, and level of renovation rarely become available - see this gorgeous home today before its SOLD! 4483 New Jersey is the House you've been searching for! Additional upgrades include newer double hung windows throughout & custom blinds, 14 (owned) solar panels, ABS sewer line replacement, dual-zone HVAC with Nest thermostats & decorative HVAC grilles, dual tankless water heaters (for up & downstairs), custom closets in all bedrooms, 2 interior fireplaces & plenty of storage throughout. Newer custom doors w/ antique hardware. All bathrooms are exceptionally updated and refreshed. Newly refinished landscaping, newly poured driveway concrete, painted interiors, upgraded lighting & plumbing fixtures, newly applied silicon roofing, restored backyard pergola, and fully permitted living room space expansion/wall removal for downstairs great room. (all reports, invoices, permits, etc. on hand will be provided for buyers convenience). The sellers have painstakingly upgraded and updated this amazing residence - this lovely house is ready to be called your new HOME, today! Exceptional University Heights location: situated on a quiet residential street near the best of central San Diego. Effortless access to the Park Boulevard and Adams Avenue corridors, with nearby restaurants, cafes, cocktail bars, dessert spots, Trolley Barn Park, farmers markets, and neighborhood conveniences - all of this just walking distance away. Just minutes from Balboa Park, Hillcrest, North Park, Mission Valley, downtown, freeway access, and San Diego International Airport. This location offers the perfect blend of neighborhood charm, urban convenience, and everyday livability.

Mortgage Calculator

Est. Monthly Payment

$15,229

Principal & Interest$12,131
Property Tax$2,399
Insurance$700
%($479,800)
%

Location

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Investment Score

4D
Est. Monthly Rent
$7,581
Monthly Cashflow

Rent − PITIA

$-7,649
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,391

Mortgage (P+I)
$12,131
Cap Rate
0.37%
Cash-on-Cash
-28.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$22,375

NOI (Annual)
$8,870
Price-to-Rent

Lower = better for investors

26.4

* 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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