4521 55th Street
1 / 7

4521 55th Street #12

B

San Diego, CA 92115

$489,000
NEW — 0d

Soft Appraisal Value: $491,400 · 0.5% below estimate

Beds

2

Baths

2

Sqft

761

Year Built

1995

Days on Market

0

Property Type

Condo

HOA/mo

$405

MLS ID

PW26150774

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

About This Property

Welcome to Summit Place! This beautifully maintained 2-bedroom, 2-bath condominium offers comfortable living in a gated community just minutes from SDSU, shopping, dining, and convenient freeway access. The bright, open-concept living area is centered around a cozy fireplace, creating the perfect space to relax or entertain, while a private balcony extends your living space outdoors. The kitchen features granite countertops, solid wood cabinetry, stainless steel appliances, and central heating and air conditioning for year-round comfort. The spacious primary suite includes dual closets, an en-suite bathroom, and direct balcony access. Additional highlights include elevator access, tandem garage parking, and a well-maintained community. Whether you're a first-time homebuyer, investor, or looking for a low-maintenance lifestyle, this move-in-ready condo presents an exceptional opportunity in a prime San Diego location. Seller is completing a 1031 Exchange and is offering Units 2, 12, and 14 for sale individually or together, creating a unique opportunity for investors or buyers interested in acquiring multiple units within the same 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

44C
Est. Monthly Rent
$2,544
Monthly Cashflow

Rent − PITIA

$-966
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,958

Mortgage (P+I)
$2,473
Cap Rate
1.26%
Cash-on-Cash
-24.03%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$5,087

NOI (Annual)
$6,173
Price-to-Rent

Lower = better for investors

16.0

* 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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