4928 Monroe Avenue
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4928 Monroe Avenue

D

San Diego, CA 92115

$969,000

Soft Appraisal Value: $964,300 · 0.5% above estimate

Beds

2

Baths

2

Sqft

923

Year Built

1936

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602954

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

About This Property

Freshly updated Talmadge bungalow offering style, privacy, and future flexibility. [may have potential to build ADU] This bright and inviting home blends modern improvements with original character, including beamed ceilings, original oak flooring, abundant natural light, and a thoughtfully designed floor plan that lives comfortably and efficiently. The living and dining areas connect easily, creating a warm and welcoming space for everyday living or entertaining. The kitchen has been thoughtfully refreshed with professionally painted satin white cabinetry, Hi-Macs solid surface counters, a quartz sink, smart appliances, and Marmoleum flooring that continues through the dining area and hallway. Recent improvements include professional interior paint in the main living spaces, newer dual-pane windows, central heat and air conditioning, a solar system, and a custom primary closet. The primary bedroom also includes a private bath. Outdoor spaces add to the appeal, with a flagstone patio, decomposed granite front yard, mature hedges, lush landscaping, and gated privacy. The dining area provides convenient access to the backyard, enhancing the home’s indoor-outdoor connection. At the rear of the property, a detached two-car garage, may have potential to build and ADU, providing options for extended living, a home office, or possible rental income.

Mortgage Calculator

Est. Monthly Payment

$6,151

Principal & Interest$4,900
Property Tax$969
Insurance$283
%($193,800)
%

Location

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Investment Score

14D
Est. Monthly Rent
$3,424
Monthly Cashflow

Rent − PITIA

$-2,728
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,323

Mortgage (P+I)
$4,900
Cap Rate
0.71%
Cash-on-Cash
-26.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$9,038

NOI (Annual)
$6,924
Price-to-Rent

Lower = better for investors

23.6

* 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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