Home | San Diego County | San Diego | 92115 | 5074 Madison Ave
MLS: SD260013949 | Status: | Price: $4,350,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 0.25 | – |
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 Pa
| Field | Value |
|---|---|
| MLS # | SD260013949 |
| MLS Source | San Diego MLS |
| Days on Site | 0 |
Erik Anderson
Newmark of Southern California
License #: 01991182
Phone: (858) 395-6935
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $18,984 | – |
| 2 | – | – | 0/0 | – | $6,540 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Mann Middle School | public | 6-8 | 0.51 mi | 5 |
| Ibarra Elementary School | public | K-5 | 0.65 mi | 7 |
| Fay Elementary School | public | K-5 | 0.70 mi | 2 |
| Euclid Elementary School | public | K-5 | 0.74 mi | 8 |
| Crawford High School | public | 9-12 | 0.78 mi | 4 |
| Hoover High School | public | 9-12 | 0.78 mi | 4 |
| Hardy Elementary School | public | K-5 | 0.80 mi | 10 |
| Franklin Elementary School | public | K-5 | 1.08 mi | 5 |
| Rosa Parks Elementary School | public | K-5 | 1.22 mi | 4 |
| Marshall Elementary School | public | K-5 | 1.28 mi | 7 |
| Language Academy | public | K-8 | 1.43 mi | 9 |
| Trace School | public | 9-12 | 1.47 mi | N/A |
| Clay Elementary School | public | K-5 | 1.55 mi | 6 |
| Central Elementary School | public | K-5 | 1.60 mi | 4 |
| Wilson Middle School | public | 6-8 | 1.60 mi | 3 |
| Clark Middle School | public | 6-8 | 1.63 mi | 2 |
| Normal Heights Elementary School | public | K-5 | 1.63 mi | 5 |
| Joyner Elementary School | public | K-5 | 1.70 mi | 4 |
| Carver Elementary School | public | K-5 | 1.72 mi | 3 |
| Cherokee Point Elementary School | public | K-5 | 1.79 mi | 3 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 6181 Montezuma Rd | $4,200,000 | – | – | – | |
| 5260 Rex Avenue | $4,275,000 | – | – | – | |
| 5602 & 5610 Dorothy Dr | $4,200,000 | – | – | – | Active |
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This listing information is up-to-date as of June 09, 2026. For the most current information, please contact Erik Anderson, (858) 395-6935.