4622 Norwood
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4622 Norwood

C

San Diego, CA 92115

$1,180,000
NEW — 2d

Soft Appraisal Value: $1,166,000 · 1.2% above estimate

Beds

3

Baths

2

Sqft

1,455

Year Built

1941

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015097SD

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

About This Property

Welcome to 4622 Norwood Street, a beautifully updated single-story home in the heart of highly desirable Talmadge. This 3-bedroom, 2-bath residence offers approximately 1,455 sq. ft. of comfortable living space with an inviting floor plan, abundant natural light, hardwood flooring, dual-pane windows, and a remodeled kitchen featuring a large center island, quality finishes, and ample storage. The primary suite is a true retreat, complete with an attached en-suite bathroom and a spacious walk-in closet. Comfort is year-round with central air conditioning paired with a whole house fan, keeping the home cool and energy-efficient no matter the season. Designed for efficiency and long-term value, the home comes equipped with paid-off solar for energy savings. Outdoor living is effortless here: the low-maintenance front yard offers great curb appeal with minimal upkeep, while the fully vinyl-fenced backyard is a private, no-maintenance oasis featuring low-upkeep turf and a covered patio — perfect for entertaining, outdoor dining, or simply relaxing at home. A detached garage with additional covered storage space behind it provides even more room for parking, tools, or hobbies. You'll enjoy convenient access to Kensington, SDSU, Mission Valley, Downtown San Diego, beaches, parks, shopping, dining, and major freeways. An added bonus: the property offers an assumable VA loan, presenting a rare opportunity for qualified buyers to potentially secure favorable financing terms. Don't miss this exceptional Talmadge opportunity.

Mortgage Calculator

Est. Monthly Payment

$7,491

Principal & Interest$5,967
Property Tax$1,180
Insurance$344
%($236,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$3,858
Monthly Cashflow

Rent − PITIA

$-3,633
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,503

Mortgage (P+I)
$5,967
Cap Rate
0.47%
Cash-on-Cash
-27.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$11,005

NOI (Annual)
$5,560
Price-to-Rent

Lower = better for investors

25.5

* 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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