4514 51st

4514 51st #2

D

San Diego, CA 92115

$599,000
NEW — 0d on market

Soft Appraisal Value: $540,900 · 10.7% above estimate

Beds

2

Baths

2

Sqft

950

Year Built

1985

Days on Market

0

Property Type

Condo

HOA/mo

$400

MLS ID

260006872SD

View on MLS

Description

Welcome to this bright and spacious 2-bedroom, 2-bathroom condo located in the heart of San Diego's highly desirable Talmadge neighborhood. Offering 956 square feet of comfortable living space, this beautiful unit at 4514 51st Street features vaulted ceilings, many cabinets for storage and an abundance of natural light. The inviting living room is anchored by a cozy fireplace surrounded by built-in wall units, making it a perfect spot to relax or entertain. Enjoy the beautiful San Diego weather from your choice of a front or large back open patio, which provide fantastic outdoor extensions to the home, measuring over 25’L X 9’ W. with an additional 12’X55” chip area for pet relief. Potential 3rd parking space. The property also offers the everyday convenience of central heating and a stackable washer and dryer right inside the unit. Situated within a charming and secure gated community, this home includes a private 1-car garage with direct access, plus an additional designated parking space. The location delivers outstanding convenience along with a relaxed residential vibe. You will be just minutes away from San Diego State University, vibrant local stopping & dining, Mission Valley shopping, and Snapdragon Stadium. With easy access to the 805/8/15 freeways. Also transit access and beaches only a short drive away, this Talmadge condo is a fantastic opportunity. Click here for additional information: https://booking.hmbdrealestatemarketing.com/4514-51st-St-unit-2

Mortgage Calculator

Est. Monthly Payment

$4,203

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$400
%($119,800)
%

Investment Score

5D
Est. Monthly Rent
$2,736
Monthly Cashflow

Rent − PITI − HOA

$-1,467
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,595

Mortgage (P+I)
$3,029
Cap Rate
0.87%
Cash-on-Cash
-14.69%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$4,203

NOI (Annual)
$5,203
Price-to-Rent

Lower = better for investors

18.2

* 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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