5524 Norwich St
Ctop 80%San Diego, CA 92117
One license per person in San Diego: whether you can hold it depends on you, not only the home.
15 licensed short-term rentals within ½ mile (8 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$5,745/mo full cashflow at 20% down, 7.36% rate.
Works at $477,205 (61% under asking), or at 88% down.
Rent $4,736/mo from 16 leases of 3-bed houses within 2 mi ($4,481–$4,866).
Beds
3
Baths
2
Sqft
1,514
Year Built
1961
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026916SD
This property is in San Diego (92117). View neighborhood stats →
About This Property
Welcome to 5524 Norwich Street, a beautifully reimagined 3-bedroom, 2-bath residence offering 1,514 square feet of thoughtfully designed living space infused with timeless mid-century modern charm. Extensively renovated throughout, this turnkey home showcases new flooring, fresh interior paint, a stunning remodeled kitchen featuring custom cabinetry and new appliances, and beautifully updated bathrooms with contemporary finishes. Natural light fills the inviting interior, highlighting the home's clean lines, warm character, and seamless flow between living spaces. The thoughtfully updated design blends modern functionality with classic architectural appeal, creating a home that is both stylish and comfortable. Step outside to a fully fenced backyard featuring lush grass, mature trees, and ample space for entertaining, gardening, pets, or simply enjoying San Diego's year-round climate. Additional conveniences include a one-car garage and an extra driveway parking space. Combining extensive upgrades, private outdoor living, and sought-after mid-century modern aesthetics, this move-in-ready home presents an exceptional opportunity to enjoy the best of San Diego living.
Mortgage Calculator
Est. Monthly Payment
$8,368
Location
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Zoned Schools
Elementary
Hawthorne Elementary · grades PK-5 · San Diego Unified
Middle
Innovation Middle · grades 6-8 · San Diego Unified
High
Madison High · grades 9-12 · San Diego Unified
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
$4,736
Comp Average
$4,797
4251 Moraga Avenue
3bd / 2ba · 1,394 sqft · Single Family
$1.23M
Est. $5,011/mo
5333 Arlene St
3bd / 2ba · 1,600 sqft · Single Family
$1.20M
Est. $4,792/mo
San Diego
3bd / 2ba · 1,418 sqft · Single Family
$1.12M
Est. $4,228/mo
3321 Cheyenne
3bd / 2ba · 1,469 sqft · Single Family
$1.40M
Est. $5,192/mo
4761 Mount Gaywas Drive
3bd / 2ba · 1,454 sqft · Single Family
$1.44M
Est. $4,760/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
16 leases of 3-bed houses within 2 mi · $4,481–$4,866
Blended 50/50 with the zip's market median ($4,771)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,745/mo short at 20% down; 88% down or +$7,461/mo rent closes it.
- Break-even price
- $477,205
- Break-even rent
- $12,197/mo
- Cashflow at 35% down
- −$4,474/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$7,461/mo above the estimate
$1,081,520 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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