5074 Madison Ave San Diego, CA 92115
Talmadge NeighborhoodEstimated payment $24,308/month
About This Home
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 Details
Home Type
- Multi-Family
Home Design
Interior Spaces
- 16 Bedrooms
- 7,262 Sq Ft Home
- 2-Story Property
Community Details
Overview
- 2 Buildings
- 12 Units
Building Details
- Operating Expense $100,213
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $33,076 | $2,641,133 | $2,056,620 | $584,513 |
| 2025 | $33,076 | $2,589,347 | $2,016,295 | $573,052 |
| 2024 | $31,850 | $2,538,576 | $1,976,760 | $561,816 |
| 2023 | $31,160 | $2,488,800 | $1,938,000 | $550,800 |
| 2022 | $30,318 | $2,440,000 | $1,900,000 | $540,000 |
| 2021 | $16,973 | $1,325,572 | $820,593 | $504,979 |
| 2020 | $16,774 | $1,311,981 | $812,179 | $499,802 |
| 2019 | $16,486 | $1,286,256 | $796,254 | $490,002 |
| 2018 | $15,433 | $1,261,037 | $780,642 | $480,395 |
| 2017 | $15,057 | $1,236,312 | $765,336 | $470,976 |
| 2016 | $14,094 | $1,150,000 | $710,000 | $440,000 |
| 2015 | $13,099 | $1,065,000 | $658,000 | $407,000 |
| 2014 | $12,087 | $975,000 | $603,000 | $372,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/03/2026 08/03/26 | Price Changed | $3,925,000 | -4.2% | $540 / Sq Ft | |
| 07/08/2026 07/08/26 | Price Changed | $4,099,000 | -3.6% | $564 / Sq Ft | |
| 06/24/2026 06/24/26 | Price Changed | $4,250,000 | -2.3% | $585 / Sq Ft | |
| 06/09/2026 06/09/26 | For Sale | $4,350,000 | +78.3% | $599 / Sq Ft | |
| 12/16/2021 12/16/21 | Sold | $2,440,000 | +1.7% | $518 / Sq Ft | View Prior Sale |
| 09/30/2021 09/30/21 | Pending | -- | -- | -- | |
| 09/28/2021 09/28/21 | For Sale | $2,400,000 | 0.0% | $509 / Sq Ft | |
| 09/08/2021 09/08/21 | Pending | -- | -- | -- | |
| 09/01/2021 09/01/21 | For Sale | $2,400,000 | -- | $509 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,440,000 | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $1,050,000 | Commonwealth Land Title Co | |
| Grant Deed | $325,000 | Commonwealth Land Title Co | |
| Deed | $286,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,530,000 | New Conventional | |
| Closed | $2,370,000 | Construction | |
| Previous Owner | $800,000 | Commercial | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $650,000 | Commercial | |
| Previous Owner | $240,000 | Commercial |
Source: San Diego MLS
MLS Number: 260013949
APN: 466-251-19-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
- 4592 Contour Blvd
- 4649 Altadena Ave
- 4620 Altadena Ave
- 4584 Altadena Ave
- 4547 Contour Blvd
- 4527 Contour Blvd Unit 1
- 4614 Winona Ave
- 4600 Collwood Ln Unit TR 5772 PAR A
- 4568-70 Winona Ave
- 4545 Collwood Blvd Unit 19
- 4545 Collwood Blvd Unit 52
- 4545 Collwood Blvd Unit 39
- 4769 50th St
- 4704 Austin Dr
- 4425 50th St Unit 16
- 4528 49th St
- 4759 Baylor Dr
- 4570 54th St Unit 128
- 4577 48th St
- 4353 51st St Unit 6
- 4630 Altadena Ave
- 4628 Altadena Ave Unit 2
- 4224 Collwood Ln Unit 4224 collwood ln
- 4523 51st St
- 4523 51st St Unit 4523
- 4518-4522 52nd St Unit 4522 52nd Street
- 4522 52nd St
- 4578 50th St
- 5254 Adams Ave Unit 3
- 4588 Winona Ave
- 4590 Winona Ave
- 4467 Dawson Ave
- 4459 1 2-4455-52 Dawson Ave Unit 4455
- 4535 49th St
- 5275 Monroe Ave
- 4501 Collwood Blvd
- 4570 54th St Unit 201
- 4468 49th St
- 4618 Collwood Ln
- 4510 48th St Unit 1BR
Ask me questions while you tour the home.