5409 Redland

5409 Redland

C

San Diego, CA 92115

$1,499,000
NEW — 1d

Beds

4

Baths

3

Sqft

2,000

Year Built

1960

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017413SD

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

About This Property

Perched quietly along the canyon in evolving El Cerrito Heights, 5409 Redland Dr offers the rare feeling of being tucked away while still connected to the heart of San Diego. From the street, the home presents as a charming single-level residence, but as you move through the property, the topography reveals something far more special -- a private canyon retreat that seamlessly connects indoor and outdoor living with an oversized deck capturing the tranquility and essence of this home. This 4 bedroom, 3 bath home offers approximately 2,000 sq ft and has been thoughtfully improved by the current owners in a craftsman-like manner, including a fully permitted addition of a spa like retreat, primary suite with vaulted ceilings, canyon light, and a peaceful connection to the outdoors. It is the kind of space that feels quiet before you even sit down. Inside, the home blends warmth, function, and style with hardwood floors, an updated kitchen, inviting living spaces, designer touches, and a fireplace that anchors the main room beautifully. The deck extends the living area outward and creates a true indoor-outdoor rhythm -- morning coffee, evening fire pit, soft canyon sounds, birds, breeze, and privacy with no direct backyard neighbor. El Cerrito Heights continues to gain attention for its curving streets, canyon pockets, central location, and homes with character that feel different from the more predictable neighborhoods nearby. This is one of those homes. Below the main level is an approximately 290 sq ft unfinished basement/storage area with access by a spiral staircase and separate exterior potential, creating exciting flexibility for storage, a workshop, wine room, creative studio, or possible future ADU concept, subject to buyer investigation and approval. Peaceful, private, upgraded, and full of possibility -- this canyon-view home is a rare offering in one of San Diego's quietly rising neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$9,516

Principal & Interest$7,580
Property Tax$1,499
Insurance$437
%($299,800)
%

Location

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Investment Score

4D
Est. Monthly Rent
$4,751
Monthly Cashflow

Rent − PITIA

$-4,765
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,107

Mortgage (P+I)
$7,580
Cap Rate
0.38%
Cash-on-Cash
-28.45%
DSCR

Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$13,980

NOI (Annual)
$5,677
Price-to-Rent

Lower = better for investors

26.3

* 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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