5074 Madison Ave, San Diego, CA 92115
San Diego County
Key Facts
Description
The Madison is a fully renovated/new construction 12-unit multifamily asset in the heart of Talmadge, one of central San Diego's most established character neighborhoods. The property features eight fully renovated 2BR/1BA units in the front building and four 2023 new construction two-story studio loft units at the rear, all delivered with quartz countertops, designer finishes, stainless appliances, in-unit washer/dryers, dual-pane vinyl windows, and individually controlled mini-split HVAC. Operationally efficient with water and sewer billed back to residents (RUBS) and fully upgraded electrical throughout. Major building systems and interior finishes are current, eliminating deferred maintenance and renovation execution risk. The combination of renovated and new construction product diversifies the tenant base across studio and 2BR floor plans while unlocking a layered depreciation strategy across two distinct cost bases. Walkable to Kensington Village, the Adams Avenue corridor, and the El Cajon Boulevard transit spine, with quick access to Mission Valley, Downtown, SDSU, and major job centers via I-8, I-15, and SR-94. Talmadge has historically delivered sticky tenancy, below-average turnover, and consistent rent growth, with comparable in-place rents to Kensington and North Park at a discount per door.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Lot Size
0.25 acres
Days on Market
29
MLS® Listing#
260013949SD
Property Features
Heating
Financial Details
Parcel Number
46625119
Affordability Calculator
$819,800
Estimated monthly payment
$21,817/mo
Principal $3,279,200 · Est. interest $4,574,776 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in San Diego, CA
- $987,122
- Median Listing Price
- 69
- Median Days on Market
- 1,440
- Median Sq Ft
- $665
- Median Price / Sq Ft
- 8,635
- Active Listings
- This home’s price is 315% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in San Diego, CA.
Location
Points of Interest in San Diego, CA
Showing the San Diego area map.
Nearby Schools
America's Finest Charter School
School · 0.3 mi away
Diego Hills Charter School
School · 0.5 mi away
Learn4life
Secondary · 0.5 mi away
Iftin Charter School
Elementary · 0.5 mi away
Jackson Elementary School
Elementary · 0.5 mi away
Mann Middle
Secondary · 0.5 mi away
City Heights Prep
Secondary · 0.6 mi away
Ibarra Elementary
Elementary · 0.6 mi away
Fay Elementary School
Elementary · 0.7 mi away
Waldorf Institute of Southern California - San Diego
School · 0.8 mi away
The Waldorf School of San Diego High School
Secondary · 0.8 mi away
Euclid Elementary
Elementary · 0.8 mi away
Crawford High School
Secondary · 0.8 mi away
Hardy Elementary School
Elementary · 0.8 mi away
Herbert Hoover High School
Secondary · 0.8 mi away
SDSU Psychology Undergraduate Advising
School · 1.0 mi away
SDSU International Business Society
School · 1.0 mi away
LGBTQ Research Consortium-SDSU
School · 1.0 mi away
SDSU American Marketing Association
School · 1.0 mi away
International Security & Conflict Resolution Student Society
School · 1.0 mi away
Commute Calculator
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| 188 W Saint James Street, San Jose, CA | $2,892,000 | 3 | 3 | 2,372 |
| 188 West Saint James Street 12002, SAN JOSE, CA | $2,892,000 | 3 | — | 2,372 |
| 188 W Saint James Street 12002, San Jose, CA | $2,892,000 | 3 | 3 | 2,372 |
Moving Cost Estimate
EXIT Agents in San Diego
Listing Courtesy: Newmark of Southern California - 8583956935
Presented by: Erik Anderson
Licensed in the state of California.