6459 Imperial Avenue
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6459 Imperial Avenue

Atop 10%

San Diego, CA 92114

$749,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

9 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$2,129/mo full cashflow at 20% down, 7.36% rate.

Works at $470,353 (37% under asking), or at 62% down.

Rent $4,668/mo from 8 leases of 4–6 bed houses within 2 mi ($4,423–$5,427).

Beds

5

Baths

2

Sqft

1,958

Year Built

1939

Days on Market

49

Property Type

Single Family

HOA/mo

N/A

MLS ID

260023376SD

This property is in San Diego (92114). Browse neighborhood analytics →

Virtual Tour

About This Property

A distinctive Craftsman in South Encanto with a thoughtful remodel, an oversized lot and a rare combination of residential comfort and commercial zoning. Original character meets modern convenience, with wood-beam ceilings, a stone fireplace, French doors and luxury vinyl-plank flooring throughout the main living spaces. The remodeled kitchen features custom cabinetry, quartz countertops and stainless-steel appliances, with additional cabinetry providing generous pantry and storage space. The spacious primary suite includes a spa-inspired ensuite bath with real marble flooring, fully tiled walls, an oversized walk-in shower with dual shower heads, a deep soaking tub and even a towel warmer. Two additional bedrooms are more compact in size, while ceiling fans throughout the bedrooms add comfort. The oversized backyard is exceptionally functional, with alley access, drive-through access, a carport, barn-style shed and multiple storage areas. The property can accommodate up to six vehicles, including covered spaces, with additional street and alley parking. Energy efficiency is another standout, with 22 solar panels, a high-efficiency central heat-pump system and high-efficiency appliances. A Level 2 EV charger is also included. The solar system can substantially reduce electricity costs, while central A/C and heat provide year-round comfort. Double-pane windows, fully insulated exterior walls and solid-core interior doors help create a surprisingly quiet interior despite the property's convenient location. And for those looking beyond the home itself, the commercial zoning and substantial lot size open the door to potential future development or investment possibilities. Pet-friendly with a fenced backyard and convenient access to parks, coffee, groceries, dining, schools, the trolley and major freeways—including an easy trolley connection to downtown and Petco Park. A remodeled Craftsman with character, an unusually large and functional lot, impressive infrastructure and the potential to be something much more.

Mortgage Calculator

Est. Monthly Payment

$5,100

Principal & Interest$4,132
Property Tax$749
Insurance$218
%($149,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Encanto Elementary · grades PK-5 · San Diego Unified

  • Middle

    Millennial Tech Middle · grades 6-8 · San Diego Unified

  • High

    Lincoln 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.

Investment Score

63A
Est. Monthly Rent
$4,668

8 leases of 4–6 bed houses within 2 mi · $4,423–$5,427

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$431
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,129

What would make this work?

$2,129/mo short at 20% down; 62% down or +$2,765/mo rent closes it.

Break-even price

37% under asking

$470,353
Break-even rent

$2,765/mo above the estimate

$7,433/mo
Cashflow at 35% down
−$1,354/mo
Down payment to break even

$464,380 cash

62%
Rate to break even

at 20% down

1.27%

Mortgage (P+I)
$4,132
Cap Rate
3.58%
Cash-on-Cash
-17.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.92

NOI (Annual)
$26,839
Price-to-Rent

Lower = better for investors

13.4

* 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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ACashflow−$2,129/mo