4521 55th Street
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4521 55th Street #14

B

San Diego, CA 92115

$489,000
NEW — 0d

Soft Appraisal Value: $490,600 · 0.3% below estimate

Beds

2

Baths

2

Sqft

735

Year Built

1995

Days on Market

0

Property Type

Condo

HOA/mo

$405

MLS ID

PW26145648

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

About This Property

Welcome to Summit Place! This beautifully updated 2-bedroom, 2-bath top-floor condo is located in a gated community just minutes from SDSU. The open-concept living area features a cozy fireplace, abundant natural light, and direct access to a private balcony, creating an inviting space for everyday living and entertaining. The kitchen is appointed with granite countertops, ample cabinetry, and a functional layout, while the spacious primary suite offers comfort and privacy. Additional highlights include central heating and air conditioning, assigned garage parking, and elevator access. Conveniently located near shopping, restaurants, parks, and major freeways, this move-in-ready home offers the perfect combination of comfort, convenience, and value. Seller is completing a 1031 Exchange and is offering Units 2, 12, and 14 for sale individually or as a portfolio purchase, presenting a unique opportunity for investors or owner-occupants seeking to purchase multiple units within the same desirable community.

Mortgage Calculator

Est. Monthly Payment

$3,509

Principal & Interest$2,473
Property Tax$489
Insurance$143
HOA$405
%($97,800)
%

Location

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Investment Score

41C
Est. Monthly Rent
$2,469
Monthly Cashflow

Rent − PITIA

$-1,041
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,016

Mortgage (P+I)
$2,473
Cap Rate
1.12%
Cash-on-Cash
-24.74%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,087

NOI (Annual)
$5,480
Price-to-Rent

Lower = better for investors

16.5

* 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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