4483 Winona Avenue #Unit 5
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4483 Winona Avenue #Unit 5

Btop 30%

San Diego, CA 92115

$510,000
STR: check · no permits in this complex · TOT 12.75%

22 licensed short-term rentals within ½ mile (9 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 6-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$2,337/mo full cashflow at 20% down, 7.36% rate.

Works at $204,116 (60% under asking), or at 87% down.

Rent $2,481/mo from 9 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area ($2,312–$2,684).

Beds

2

Baths

2

Sqft

933

Year Built

1970

Days on Market

45

Property Type

Condo

HOA/mo

$350

MLS ID

PTP2607308

This property is in San Diego (92115). View neighborhood stats →

Virtual Tour

About This Property

Freshly Updated 2-Bedroom, 2-Bath Talmadge Condo Move-in ready and filled with natural light, this beautifully refreshed 933-square-foot condo offers a bright, airy atmosphere in desirable Talmadge. The inviting home features two spacious bedrooms, two full bathrooms, brand-new luxury vinyl plank flooring, and fresh paint throughout, including the ceilings and doors. The updated kitchen features brand-new stainless-steel appliances and a clean, modern design suited to both everyday meals and casual entertaining. In-unit laundry and a dedicated parking space provide added convenience, while the comfortable layout creates an easy, welcoming setting for relaxing and settling in. Located near SDSU, shopping, restaurants, parks, and major freeways, this home offers convenient access to commuting, dining, errands, and outdoor recreation. Set within a six-unit community, it pairs thoughtful modern updates with the comfort of an established neighborhood. Don’t miss your opportunity to own this beautifully refreshed Talmadge home! Come experience the fresh, airy feel, explore the thoughtful updates, and imagine making this move-in-ready condo your own. Schedule your private showing today and take the next step toward calling Talmadge home!

Mortgage Calculator

Est. Monthly Payment

$3,823

Principal & Interest$2,814
Property Tax$510
Insurance$149
HOA$350
%($102,000)
%
Loan Term

Location

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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.

Investment Score

41B
Est. Monthly Rent
$2,481

9 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area · $2,312–$2,684

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,342
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,337

What would make this work?

$2,337/mo short at 20% down; 87% down or +$3,036/mo rent closes it.

Break-even price

60% under asking

$204,116
Break-even rent

$3,036/mo above the estimate

$5,517/mo
Cashflow at 35% down
−$1,810/mo
Down payment to break even

$443,700 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,814
Cap Rate
1.41%
Cash-on-Cash
-27.50%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$7,205
Price-to-Rent

Lower = better for investors

17.1

* 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.

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BCashflow−$2,337/mo