4550 Norma Dr.
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4550 Norma Dr.

D

San Diego, CA 92115

$1,295,000
NEW — 3d on market

Beds

3

Baths

2

Sqft

1,970

Year Built

1940

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008007SD

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

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About This Property

Located on one of Talmadge’s coveted sister streets, this enchanting 1940s Mediterranean home blends timeless character with the ease of modern living. A contributor to the newly established Talmadge Historic District, the residence celebrates classic architecture while offering the comforts of today’s lifestyle. Inside, three bedrooms and two baths are complemented by beautiful original details; gleaming hardwood floors, graceful archways, and sun-filled rooms that create a warm and welcoming atmosphere throughout. The living room invites relaxation with its beautiful fireplace, elegant coved ceilings, and bright bay window. Designed to embrace Southern California’s indoor-outdoor lifestyle, the home opens to a spacious deck ideal for entertaining, enjoying evening sunsets, or a quiet space after a busy day. A separate dining room provides the perfect setting for both intimate dinners and lively gatherings. The inviting eat-in kitchen features stainless-steel appliances, a built-in wine fridge, and a distinctive stained-glass window that adds a touch of artistry. Generously sized bedrooms and thoughtfully remodeled baths offer comfort and style. Completing the home is a versatile bonus space; the converted two-car garage is ideal as a family room, home office, studio, or playroom, adding flexibility and storage to suit a variety of lifestyles. This property, with generous sized rooms and a central location, is not to be missed. Three comfortable bedrooms and beautifully remodeled baths provide space and serenity, while a large converted garage serves as the ultimate bonus room, which is ideal for a family room, home office, or creative studio. With its perfect balance of historic detail and modern convenience, this Talmadge retreat is more than a home; it’s a gracious lifestyle.

Mortgage Calculator

Est. Monthly Payment

$8,221

Principal & Interest$6,548
Property Tax$1,295
Insurance$378
%($259,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$4,369
Monthly Cashflow

Rent − PITIA

$-3,852
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,936

Mortgage (P+I)
$6,548
Cap Rate
0.57%
Cash-on-Cash
-27.50%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$12,078

NOI (Annual)
$7,344
Price-to-Rent

Lower = better for investors

24.7

* 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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