4551 Highland Ave San Diego, CA 92115
Talmadge Neighborhood
3
Beds
2
Baths
1,220
Sq Ft
6,882
Sq Ft Lot
Highlights
- Bluff on Lot
- Property Near a Canyon
- Breakfast Area or Nook
- Lewis Middle School Rated A-
- Valley View
- 2 Car Attached Garage
About This Home
As of May 2025Prime Investment Opportunity in Iconic Talmadge Park – Oversized Lot + Canyon Setting Investors, developers, and visionaries — this is your chance to unlock serious upside in one of San Diego’s most architecturally rich and sought-after neighborhoods. Nestled on a quiet, tree-lined crescent street overlooking a tranquil canyon, this 3 bed, 2 bath mid-century gem offers endless potential on a rare 6,900 sq ft lot with an impressive 76 feet of frontage. Built in 1963, the 1,220 sq ft home features a striking vaulted skylight entry and clean contemporary lines — the perfect canvas for a high-end renovation or reimagined layout. The property includes a 2-car garage with direct access, a full-size washer & dryer, and room to expand or reconfigure for maximum ROI. Located in historic Talmadge Park, a neighborhood established in 1925 and celebrated for its blend of Spanish Revival, Cape Cod, and California Bungalow architecture, this home is surrounded by high-demand housing and adjacent to San Diego’s trendiest restaurants, wine bars, boutique shopping, cultural events, and top-rated schools. Just a quick WALK/BIKERIDE/drive to KENSINGTON cafes, restaurants & boutiques, too! Whether you're looking to flip, build, or hold for long-term appreciation, this is an investment with strong fundamentals, rare lot size, and the location to match.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,916
Year Built
- Built in 1963
Lot Details
- Property Near a Canyon
- Property is Fully Fenced
- Wood Fence
- Bluff on Lot
- Level Lot
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Single Garage Door
- Driveway
Property Views
- Valley
- Park or Greenbelt
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1,220 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room
- Dining Area
Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas Cooktop
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Utilities
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 465-541-20-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2025
Closed on
May 15, 2025
Sold by
Brick & Equity 1 Llc
Bought by
Brick & Equity 1 Llc
Seller's Agent
Lauren Gable
Compass
Buyer's Agent
Lauren Gable
Compass
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
211
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.50%
Original Mortgage
$927,500
Outstanding Balance
$777,169
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$35,499
Purchase Details
Listed on
Apr 4, 2025
Closed on
Apr 23, 2025
Sold by
Boyle Brendan L and Boyle Clara V
Bought by
Brick & Equity Llc
Seller's Agent
Lauren Gable
Compass
Buyer's Agent
Lauren Gable
Compass
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
211
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$927,500
Outstanding Balance
$777,169
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$35,499
Purchase Details
Listed on
Jul 7, 2018
Closed on
Oct 2, 2018
Sold by
Mercer Group Llc
Bought by
Boyle Brendan L and Boyle Clara V Z
Seller's Agent
Joe Carta
Joe Carta Realty
Buyer's Agent
Lauren Gable
Compass
List Price
$650,000
Sold Price
$585,000
Premium/Discount to List
-$65,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$409,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2011
Sold by
Mercer Lynn E
Bought by
Mercer Group Llc
Purchase Details
Closed on
Mar 23, 2011
Sold by
Gianetti Adam
Bought by
Mercer Lynn E
Purchase Details
Closed on
Jun 24, 2009
Sold by
Mercer Lynn E
Bought by
Mercer Group Llc
Purchase Details
Closed on
Jan 24, 2002
Sold by
Woodruff John Junius and Mercer Veta Lois
Bought by
Woodruff John J and Mercer Veta L
Purchase Details
Closed on
Jul 25, 1986
Similar Homes in San Diego, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $780,000 | None Listed On Document | |
| Grant Deed | $585,000 | Ticor Title Company Of Ca | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $927,500 | Construction | |
| Previous Owner | $400,690 | New Conventional | |
| Previous Owner | $409,200 | New Conventional | |
| Previous Owner | $409,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $1,249,000 | -1.6% | $1,024 / Sq Ft |
| 07/05/2025 07/05/25 | For Sale | $1,269,000 | +62.7% | $1,040 / Sq Ft |
| 05/02/2025 05/02/25 | Sold | $780,000 | -2.4% | $639 / Sq Ft |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $799,000 | +36.6% | $655 / Sq Ft |
| 10/29/2018 10/29/18 | Sold | $585,000 | -2.4% | $480 / Sq Ft |
| 09/28/2018 09/28/18 | Pending | -- | -- | -- |
| 09/18/2018 09/18/18 | Price Changed | $599,500 | -7.8% | $491 / Sq Ft |
| 09/14/2018 09/14/18 | For Sale | $650,000 | 0.0% | $533 / Sq Ft |
| 08/24/2018 08/24/18 | Pending | -- | -- | -- |
| 08/24/2018 08/24/18 | For Sale | $650,000 | 0.0% | $533 / Sq Ft |
| 08/11/2018 08/11/18 | Pending | -- | -- | -- |
| 07/07/2018 07/07/18 | For Sale | $650,000 | -- | $533 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,916 | $652,572 | $557,756 | $94,816 |
| 2024 | $7,916 | $639,777 | $546,820 | $92,957 |
| 2023 | $7,742 | $627,234 | $536,099 | $91,135 |
| 2022 | $7,533 | $614,937 | $525,588 | $89,349 |
| 2021 | $7,480 | $602,881 | $515,283 | $87,598 |
| 2020 | $7,390 | $596,700 | $510,000 | $86,700 |
| 2019 | $7,259 | $585,000 | $500,000 | $85,000 |
| 2018 | $3,844 | $315,819 | $200,494 | $115,325 |
| 2017 | $3,751 | $309,627 | $196,563 | $113,064 |
| 2016 | $3,692 | $303,557 | $192,709 | $110,848 |
| 2015 | $3,640 | $298,999 | $189,815 | $109,184 |
| 2014 | $3,585 | $293,143 | $186,097 | $107,046 |
Source: Public Records
Agents Affiliated with this Home
-
Voltaire Lepe
Seller's Agent in 2025
Voltaire Lepe
eXp Realty of California, Inc.
(619) 208-2380
306 Total Sales
-
Lauren Gable
Seller's Agent in 2025
Lauren Gable
Compass
(619) 778-4050
1 in this area
16 Total Sales
-
Gareth Tomlinson
Buyer Co-Listing Agent in 2025
Gareth Tomlinson
LPT Realty,Inc
(949) 462-4901
2 in this area
48 Total Sales
-
Joe Carta
Seller's Agent in 2018
Joe Carta
Joe Carta Realty
(619) 227-0949
4 in this area
81 Total Sales
Map
Source: San Diego MLS
MLS Number: 250023411
APN: 465-541-20
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