4764 Polk Avenue

4764 Polk Avenue

D

San Diego, CA 92105

$545,000

Soft Appraisal Value: $545,400 · 0.1% below estimate

Beds

2

Baths

2

Sqft

1,200

Year Built

1926

Days on Market

55

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2600740

Description

Great opportunity in City Heights! This charming 2-bedroom, 2-bath home offers a flexible layout and excellent potential for the buyer ready to add their personal touch. Each bedroom features its own private bathroom and individual A/C units, providing comfort and privacy for all. A bonus room adds versatility and is ideal for a home office, guest space, or creative studio, Enjoy entertaining in the enclosed patio, complete with a projector and screen along with cooking and dining area, creating a unique indoor-outdoor vibe for parties, movie nights, game days or future improvements. The property sits on a desirable corner lot and includes private parking for two cars behind an automatic gate. A major bonus: paid-off solar panels, helping keep energy costs down. While the home does need some TLC, it presents an excellent opportunity to customize and build equity in a well-located property with strong fundamentals. Super convenient location very close to nearby schools, transportation and lots of restaurants and shopping on University Ave. Whether you’re a first-time buyer ready to renovate or an investor seeking upside, this home offers a solid foundation in a great setting. Bring your ideas and unlock the potential!

Mortgage Calculator

Est. Monthly Payment

$3,460

Principal & Interest$2,756
Property Tax$545
Insurance$159
%($109,000)
%

Investment Score

8D
Est. Monthly Rent
$2,924
Monthly Cashflow

Rent − PITI − HOA

$-536
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,663

Mortgage (P+I)
$2,756
Cap Rate
2.41%
Cash-on-Cash
-18.30%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.85
Break-even Rent
$5,083

NOI (Annual)
$13,120
Price-to-Rent

Lower = better for investors

15.5

* 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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