4514 51st Street
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4514 51st Street #03

C

San Diego, CA 92115

$569,000
NEW — 6d

Beds

2

Baths

2

Sqft

905

Year Built

1985

Days on Market

6

Property Type

Condo

HOA/mo

$400

MLS ID

PTP2604685

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

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About This Property

Welcome to this charming 2-bedroom, 2-bathroom condo in the heart of Talmadge, one of San Diego's most sought-after neighborhoods. With 905 square feet of single-story, carriage-style living, this home offers comfort, convenience, and a layout that lives larger than its footprint. Inside, you'll find a bright and welcoming living space that flows easily for both everyday living and entertaining. The kitchen is ready for home-cooked meals, while two generously sized bedrooms — including a primary suite — provide flexible space for rest, guests, or a home office. A private outdoor area gives you the perfect spot for morning coffee or unwinding at the end of the day. Parking is a breeze with two dedicated spaces, including a private garage plus an additional assigned space — a rare and valuable find in this central location. Ideally located, this home puts you minutes from SDSU, local shops and restaurants, parks, and major freeways for an easy commute anywhere in the city. Whether you're a first-time buyer, looking to downsize, or searching for a smart investment opportunity, this Talmadge gem checks all the boxes. Don't miss your chance to own in this vibrant, central San Diego community. Schedule your showing today!

Mortgage Calculator

Est. Monthly Payment

$4,012

Principal & Interest$2,877
Property Tax$569
Insurance$166
HOA$400
%($113,800)
%

Location

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Investment Score

28D
Est. Monthly Rent
$2,374
Monthly Cashflow

Rent − PITIA

$-1,638
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,658

Mortgage (P+I)
$2,877
Cap Rate
0.46%
Cash-on-Cash
-28.03%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$5,826

NOI (Annual)
$2,626
Price-to-Rent

Lower = better for investors

20.0

* 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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