4506 Alabama St San Diego

4506 Alabama St San Diego

D

, CA 92116

$599,000
NEW — 5d on market

Beds

2

Baths

2

Sqft

771

Year Built

1982

Days on Market

5

Property Type

Condo

HOA/mo

$420

MLS ID

260004532SD

Description

Discover the perfect blend of modern sophistication and neighborhood charm in this rarely available end-unit in the heart of one of San Diego’s most vibrant communities. This meticulously updated 2 bedroom, full 2 bath radiates luxury with high-end craftsmanship, featuring spa-like bathrooms with designer tile work, a deep soaking tub, glass tile backsplash with Soapstone countertops in the kitchen and new appliances. This home has been thoughtfully designed for modern comfort for the past 10 years boasting brand-new LVT flooring, large picture windows, custom fireplace, solid interior doors, in-unit full-sized washer/dryer, central AC, energy-efficient newer windows & new slider, 2 patios, added storage and high-tech upgrades like USB outlets and Elfa storage systems. Nuzzled in a private, gated complex of only seven units, this pet-friendly gem offers the convenience of a rare oversized patio retreat all while maintaining a Walk Score that rivals the best in the city. You are just steps from the Trolley Barn Park and the Michelin-recognized Soichi Sushi, AND the bustling restaurants, cafes and shops perfectly bridging the walkability of University Heights, North Park, and Hillcrest. Oh and walk across the street to enjoy one of the best coffees at Mystic Mocha, your new regular coffeehouse. The craftsmanship and luxury is top notch as the Sellers remodeled to keep this home forever making this home above and beyond anything else on the market. It's been deeply cherished, reflecting a level of care and love. Come and continue the love!

Mortgage Calculator

Est. Monthly Payment

$4,223

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$420
%($119,800)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$2,600
Monthly Cashflow

Rent − PITI − HOA

$-1,623
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,720

Mortgage (P+I)
$3,029
Cap Rate
0.62%
Cash-on-Cash
-16.26%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.86
Break-even Rent
$4,223

NOI (Annual)
$3,706
Price-to-Rent

Lower = better for investors

19.2

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

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