
4866 Sussex
Dbottom 20%San Diego, CA 92116
One license per person in San Diego: whether you can hold it depends on you, not only the home.
47 licensed short-term rentals within ½ mile (23 whole home), from the cities' license and permit lists of Nov 14, 2026.
Pass at asking: -$11,077/mo full cashflow at 20% down, 7.36% rate.
Works at $550,472 (72% under asking); even all cash loses money at asking.
Rent $5,464/mo from 9 leases of 2–4 bed houses within 1 mi ($5,592–$6,186).
Beds
3
Baths
2.5
Sqft
2,268
Year Built
1930
Days on Market
45
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023691SD
This property is in San Diego (92116). View neighborhood stats →
About This Property
**PRICE IMPROVEMENT!**Experience this beautifully remodeled 2,268 sq ft Spanish-style home, ideally situated on a spacious canyon lot in the highly sought-after neighborhood of Kensington. Blending classic 1930s charm with thoughtful modern updates, this light-filled residence showcases timeless picture windows, wide-plank flooring, recessed lighting, and a soft, neutral palette throughout. The inviting galley-style kitchen offers abundant cabinetry and counter space, accented by a sleek glass tile backsplash and refined finishes. The serene primary suite serves as a true retreat, complete with a spa-inspired bathroom featuring a stunning tiled shower and contemporary details. Downstairs, a versatile bonus space provides endless possibilities—perfect for a family or game room, home office, gym, or guest quarters. Step outside to a covered patio ideal for entertaining, while the canyon setting adds a sense of privacy and lush natural beauty. Plus owned solar! Located in one of San Diego’s most desirable communities, Kensington offers charming local shops, dining, parks, and convenient freeway access. This exceptional home is a rare opportunity you won’t want to miss.
Mortgage Calculator
Est. Monthly Payment
$13,618
Location
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Zoned Schools
Elementary
Franklin Elementary · grades K-5 · San Diego Unified
Middle
Lewis Middle · grades 6-8 · San Diego Unified
or Wilson Middle · grades 6-8 · San Diego Unified
Choice area: the district lets families here pick either school.
High
Henry High · grades 9-12 · San Diego Unified
or Hoover High · grades 9-12 · San Diego Unified
Choice area: the district lets families here pick either school.
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
$5,464
Comp Average
$5,248
4420 38th St
4bd / 4ba · 1,878 sqft · Single Family
$1.30M
Est. $5,303/mo
4901 34th Street
4bd / 3ba · 1,602 sqft · Single Family
$1.40M
Est. $4,901/mo
3535 Eugene Place
3bd / 2.5ba · 2,448 sqft · Single Family
$1.58M
Est. $5,415/mo
4186 Hilldale Road
4bd / 3ba · 2,587 sqft · Single Family
$2.10M
Est. $5,772/mo
4391 Middlesex
3bd / 3ba · 1,841 sqft · Single Family
$1.90M
Est. $4,848/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 2–4 bed houses within 1 mi · $5,592–$6,186
Blended 50/50 with the zip's market median ($4,907)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$11,077/mo short at 20% down; +$14,385/mo rent closes it.
- Break-even price
- $550,472
- Break-even rent
- $19,849/mo
- Cashflow at 35% down
- −$9,008/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
72% under asking
$14,385/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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