
4542 Milton Street
Ctop 80%San Diego, CA 92110
One license per person in San Diego: whether you can hold it depends on you, not only the home.
53 licensed short-term rentals within ½ mile (31 whole home), from the cities' license and permit lists of Nov 8, 2026.
Pass at asking: -$9,083/mo full cashflow at 20% down, 7.43% rate.
Works at $616,337 (66% under asking), or at 93% down.
Rent $6,148/mo from 9 leases of 3–5 bed houses within 1 mi, same school area ($5,461–$6,367).
Beds
4
Baths
3
Sqft
2,131
Year Built
1962
Days on Market
44
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023278SD
This property is in San Diego (92110). View neighborhood stats →
About This Property
Welcome to 4542 Milton Street-beautifully renovated, light-filled Bay Park home set on an elevated corner lot. Upgraded and updated from top to bottom, this 4-bedroom, 3-bath residence blends modern comfort with the relaxed coastal Bay Park lifestyle. The main living area offers an open and welcoming layout, connecting the dining area and kitchen. The West facing balcony off the living room provides the perfect spot to enjoy San Diego’s spectacular sunsets and views of Mission Bay. The remodeled kitchen features quartz countertops and a suite of updated appliances, including a GE refrigerator and Whirlpool appliances. The spacious primary suite features a generous walk-in closet, dual-sink vanity with quartz countertops, and a sliding glass door that opens to the backyard. One of the main-level guest bedrooms features its own French door entrance and ensuite bathroom, creating a private guest retreat that can be closed off from the rest of the home. Extensive recent improvements provide both style and peace of mind, including newly installed fully permitted central air conditioning and all-new ducting, fully insulated attic space, and custom roller shades and vertical blinds throughout. The oversized corner lot provides an expansive, fully fenced backyard with mature fruit trees, including avocado, orange, and quince trees, with potential for an ADU. With its extensive renovations, generous lot, indoor-outdoor living, and exceptional location, 4542 Milton Street offers a rare opportunity to enjoy a turnkey home in one of San Diego's most sought after coastal communities. Six-foot wood fencing has been recently stained. Ideally located just minutes from an award-winning elementary school, Western Hills Park, and some of Bay Park’s favorite restaurants, cafes, and neighborhood gathering spots.
Mortgage Calculator
Est. Monthly Payment
$12,318
Location
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Zoned Schools
Elementary
Bay Park Elementary · grades K-5 · San Diego Unified
Middle
Marston Middle · grades 6-8 · San Diego Unified
High
Clairemont High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$6,148
Comp Average
$5,935
5018 Georgetown Avenue
4bd / 3ba · 2,052 sqft · Single Family
$1.55M
Est. $5,912/mo
2802 Cowley Way
4bd / 3ba · 1,500 sqft · Single Family
$1.60M
Est. $5,795/mo
2690 Cowley Way
4bd / 4ba · 2,137 sqft · Single Family
$1.84M
Est. $6,442/mo
2651 Arnott Street
4bd / 1.5ba · 2,139 sqft · Single Family
$1.70M
Est. $5,988/mo
1342 Gertrude
5bd / 3ba · 1,960 sqft · Single Family
$1.57M
Est. $5,540/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 3–5 bed houses within 1 mi, same school area · $5,461–$6,367
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$9,083/mo short at 20% down; 93% down or +$11,797/mo rent closes it.
- Break-even price
- $616,337
- Break-even rent
- $17,945/mo
- Cashflow at 35% down
- −$7,209/mo
- Down payment to break even
- 93%
- Rate to break even
- Not reachable
66% under asking
$11,797/mo above the estimate
$1,673,070 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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