Presenting a prime investment opportunity at 5077-81 Madison Ave—a four-unit multi-family complex that features a two-bedroom, one-bathroom single-family residence built, complemented by three additional two-bedroom, one-bathroom apartment units. This property rests on a large, 6,343sf corner lot with alley access. Each unit has the use of its own single-car garage. The house has laundry hook-ups and there is an onsite laundry room for use by the apartments. Situated in the historic Talmadge neighborhood near San Diego State University, this property benefits from underground utilities and an upcoming new city water line. Tenants enjoy the charm of one of mid-town San Diego's oldest neighborhoods while remaining close to all that San Diego living has to offer!
Sold for $1,460,000
$1,460,000
5077-81 Madison Ave, San Diego, CA 92115
8beds
--sqft
Multi Family
Built in 1940
-- sqft lot
$1,709,900 Zestimate®
$--/sqft
$3,644 Estimated rent
Home value
$1,709,900
$1.56M - $1.88M
$3,644/mo
Zestimate® history
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$9,365/mo
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List your homeWhat's special
Multi-family complexLaundry hook-ups
Zillow last checked:
Listing updated:
Listed by:
Doug Taber DRE #01920184 Office:619-469-0700,
Keller Williams Realty
Bought with:
Joyce Huynh, DRE #01899101
F3 Realty Group
Source: SDMLS,MLS#: 230018127
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- N/K
Interior area
- Total structure area: 3,480
Property
Features
- Levels: 2 Story
- Fencing: Partial
Details
- Parcel number: 4666212700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood/Stucco
- Roof: Composition
Condition
- Year built: 1940
Community & HOA
Community
- Features: Laundry Facilities
- Security: N/K
- Subdivision: TALMADGE
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,489,200
- Annual tax amount: $19,514
- Date on market: 9/15/2023
- Listing terms: Conventional
- Tenant pays: Electricity, Gas/Propane
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2023 | Sold | $1,460,000+4.7% |
Source:  SDMLS #230018127 Report a problem | ||
| 9/25/2023 | Pending sale | $1,395,000 |
Source: SDMLS #230018127 Report a problem | ||
| 9/15/2023 | Listed for sale | $1,395,000 |
Source: SDMLS #230018127 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,514 +6.7% | $1,489,200 +2% |
| 2024 | $18,285 +843.9% | $1,460,000 +1028.3% |
| 2023 | $1,937 +3.1% | $129,401 +2% |
| 2022 | $1,879 +0.6% | $126,865 +2% |
| 2021 | $1,869 +1% | $124,378 +1% |
| 2020 | $1,850 +24.4% | $123,104 +2% |
| 2019 | $1,487 -13.4% | $120,691 +2% |
| 2018 | $1,717 +2.8% | $118,325 +2% |
| 2017 | $1,671 +1.6% | $116,006 +2% |
| 2016 | $1,645 +1.2% | $113,733 +1.5% |
| 2015 | $1,625 +1.2% | $112,025 +2% |
| 2014 | $1,606 | $109,832 +0.5% |
| 2013 | -- | $109,337 +2% |
| 2012 | -- | $107,194 +2% |
| 2011 | -- | $105,093 +0.8% |
| 2010 | -- | $104,309 -0.2% |
| 2009 | -- | $104,558 +2% |
| 2008 | -- | $102,509 +2% |
| 2007 | -- | $100,500 +2% |
| 2006 | -- | $98,530 +2% |
| 2005 | -- | $96,599 +2% |
| 2004 | -- | $94,706 +1.9% |
| 2003 | -- | $92,971 +2% |
| 2002 | -- | $91,149 +2% |
| 2001 | -- | $89,363 |
Find assessor info on the county website
Neighborhood: Talmadge
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Nearby schools
GreatSchools rating
- 2/10Fay Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10Mann Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Crawford High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,709,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,709,900
- California
- San Diego County
- San Diego
- 92115
- Talmadge
- 5077-81 Madison Ave
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