4535 Bannock Avenue
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4535 Bannock Avenue

B

San Diego, CA 92117

$850,000
NEW — 5d

Soft Appraisal Value: $842,600 · 0.9% above estimate

Beds

2

Baths

1

Sqft

1,561

Year Built

1958

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015260SD

This property is in San Diego (92117). View neighborhood stats →

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About This Property

Fixer opportunity in Clairemont! Charming 2 bedroom 1 Bath single story home with 1,561 square feet located on a quiet street. This property is a blank slate and ready for a new design and fresh start. Upgrades include a new Roof and new water heater in 2020. Mini-split units in bedrooms and living room. Low electric bills with the Solar Lease with Sun Run. The spacious 5,600 square foot backyard has endless potential. Minutes to Clairemont Town Square for shopping and restaurants. Centrally located near I-52 and I-805 and close to La Jolla Beaches.

Mortgage Calculator

Est. Monthly Payment

$5,396

Principal & Interest$4,298
Property Tax$850
Insurance$248
%($170,000)
%

Location

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Investment Score

43C
Est. Monthly Rent
$4,141
Monthly Cashflow

Rent − PITIA

$-1,255
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,916

Mortgage (P+I)
$4,298
Cap Rate
1.95%
Cash-on-Cash
-20.58%
DSCR

Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$7,928

NOI (Annual)
$16,587
Price-to-Rent

Lower = better for investors

17.1

* 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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