4565 62nd St
Atop 10%San Diego, CA 92115
One license per person in San Diego: whether you can hold it depends on you, not only the home.
30 licensed short-term rentals within ½ mile (17 whole home), from the cities' license and permit lists of Nov 3, 2026.
Pass at asking: -$2,332/mo full cashflow at 20% down, 7.49% rate.
Works at $496,627 (38% under asking), or at 62% down.
Rent $4,975/mo from 9 leases of 3–5 bed houses within 0.5 mi ($4,496–$5,085).
Beds
4
Baths
3
Sqft
1,829
Year Built
1961
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026153SD
This property is in San Diego (92115). View neighborhood stats →
About This Property
Set on a quiet street in the SDSU area, one of Central San Diego's most convenient locations, this single-level residence offers four bedrooms, three full baths, and a generous floor plan ready for its next chapter. The most significant investments have already been made, including a newer roof, owned solar, and an upgraded electrical panel, allowing the next owner to focus on the details that make it their own. Interior finishes are ready for refresh, presenting an opportunity to update the kitchen, baths, and living spaces to your own taste and build value from day one. A spacious living room with a fireplace and a separate family room with vaulted ceilings provide distinct areas for gathering and everyday living, while the primary suite includes its own full bath. Three full baths and generous bedrooms offer flexibility for guests, a home office, or multigenerational living. Outside, two separate yards set this home apart. One is anchored by a pool, ideal for entertaining and year-round outdoor living, while the second offers a large, open canvas for gardening, play, or expansion. A two-car garage with alley access completes the offering, and both the garage and the second yard present excellent ADU potential for added income or flexible living space. Ideally located near shopping, dining, local coffee shops, parks, and major freeways. Space, location, and the freedom to make it your own, all at a price that is not expected to last.
Mortgage Calculator
Est. Monthly Payment
$5,497
Location
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Zoned Schools
Elementary
Pendleton Elementary · grades K-5 · San Diego Unified
Middle
Mann Middle · grades 6-8 · San Diego Unified
High
Crawford 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
$4,975
Comp Average
$4,763
4227 College Ave
3bd / 2ba · 1,831 sqft · Single Family
$948K
Est. $4,670/mo
4541 Patria
3bd / 2ba · 1,746 sqft · Single Family
$950K
Est. $4,324/mo
4807 Campanile Drive
4bd / 2ba · 2,087 sqft · Single Family
$1.09M
Est. $5,023/mo
5228 Augustana Place
4bd / 3ba · 1,840 sqft · Single Family
$1.18M
Est. $4,885/mo
5295 Joan Court
4bd / 2ba · 1,717 sqft · Single Family
$1.25M
Est. $4,914/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 3–5 bed houses within 0.5 mi · $4,496–$5,085
Blended 50/50 with the zip's market median ($5,355)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,332/mo short at 20% down; 62% down or +$3,029/mo rent closes it.
- Break-even price
- $496,627
- Break-even rent
- $8,004/mo
- Cashflow at 35% down
- −$1,495/mo
- Down payment to break even
- 62%
- Rate to break even
- 1.26%
38% under asking
$3,029/mo above the estimate
$495,380 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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