4928 64th St

4928 64th St

D

San Diego, CA 92115

$1,475,000

Soft Appraisal Value: $1,450,900 · 1.7% above estimate

Beds

8

Baths

3

Sqft

2,076

Year Built

1952

Days on Market

34

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601970

Description

Turn-key SDSU student rental generating $10,500/month with professional management in place. 4928-4930 64th St features 8 bedrooms and 3 bathrooms across a main house and attached ADU, providing an ideal layout for high-demand student housing. Extensively renovated down to the studs in 2022, the property includes new electrical, plumbing, dual kitchens, updated flooring, LED lighting, low maintenance landscaping, and modern finishes throughout, creating a low-maintenance, stabilized investment. The garage has been converted into a functional ADU, maximizing income potential while maintaining a cohesive design. Owned solar. Located just minutes from San Diego State University, shopping, dining, and transit, the property benefits from consistent tenant demand, strong leasing history, and reliable occupancy. Ideal for investors seeking passive income or a 1031 exchange into a stabilized, high-yield asset in one of San Diego’s most proven rental submarkets.

Mortgage Calculator

Est. Monthly Payment

$9,364

Principal & Interest$7,458
Property Tax$1,475
Insurance$430
%($295,000)
%

Comparable Properties

2 comps found

This Property

$4,856

vs

Comp Average

$6,681

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

1D
Est. Monthly Rent
$4,856
Monthly Cashflow

Rent − PITIA

$-4,507
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,853

Mortgage (P+I)
$7,458
Cap Rate
0.49%
Cash-on-Cash
-27.88%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$13,757

NOI (Annual)
$7,259
Price-to-Rent

Lower = better for investors

25.3

* 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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