5612 Meade
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5612 Meade

D

San Diego, CA 92115

$969,400

Soft Appraisal Value: $956,700 · 1.3% above estimate

Beds

3

Baths

2

Sqft

1,682

Year Built

1960

Days on Market

49

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008393SD

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

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About This Property

Rare opportunity to own a larger single-story home in El Cerrito Heights under $1M with real upside. Multiple living spaces, a flexible layout, and a usable lot with ADU potential make this a standout, offering flexibility to move right in or update over time. This Mediterranean ranch-style home features refinished hardwood floors (2019), a comfortable living room with fireplace, a spacious bonus family room, and a bright dining area—providing versatile space for everyday living and entertaining. The kitchen is clean and well-maintained with stainless steel appliances, including a newer gas range (2021) and refrigerator (2023). The primary suite offers direct backyard access, enhancing indoor-outdoor flow. Recent updates include gas piping and plumbing (2026), water heater (2022), central A/C with Nest thermostat, and a newer roof. Situated on a usable lot with alley access, the property offers strong ADU potential and room for expansion or added income. The private backyard includes a renovated deck, pergola, and newer spa (2025), ideal for entertaining. Homes with this combination of space, layout, and future potential are increasingly rare in El Cerrito Heights and the surrounding College Area.

Mortgage Calculator

Est. Monthly Payment

$6,154

Principal & Interest$4,902
Property Tax$969
Insurance$283
%($193,880)
%

Location

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Investment Score

28D
Est. Monthly Rent
$4,161
Monthly Cashflow

Rent − PITIA

$-1,993
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,758

Mortgage (P+I)
$4,902
Cap Rate
1.42%
Cash-on-Cash
-23.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$9,042

NOI (Annual)
$13,725
Price-to-Rent

Lower = better for investors

19.4

* 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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