5018 Monroe Avenue, San Diego, California 92115, San Diego, - bed, bath

home-pic
ACTIVE$898,000
5018 Monroe Avenue, San Diego, California 92115
2Beds
2Baths
928Sqft
3,563Lot
Year Built
1927
Close
-
List price
$898K
Original List price
$920K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2508666
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

This property offers flexibility at its finest: live, rent, or host with ease. With potential for Airbnb / Short Term Rental income (buyer to verify zoning). Perfect for an investor, digital nomad, or first-time buyer seeking options. Rates as low as 5.5%. No mortgage insurance. Not limited to first-time buyers. Reach out for more information. Sunny Courtyard Craftsman in Talmadge. Updated 2BR/2BA with renovated outdoor living, including a hedged front lawn, large porch, and two patios perfect for morning coffee and dinners with family and friends. This home blends 1920s charm with sensible upgrades, including newer roof/foundation, refreshed kitchen & baths, new HVAC, windows, doors, gutters, and landscaping, making it truly move-in ready. The detached garage is an ideal flex space for a studio, gym, office, or future ADU (buyer to verify). This house sits on a corner lot with a private driveway for easy in-and-out. Minutes to neighborhood cafés, parks, commuter routes, and everything San Diego has to offer.

Price History

Date
Event
Price
10/30/25
Price Change
$898,000
09/04/25
Listing
$919,900
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (139 Listings)
Beds23
31%
Baths22
50%
Square foot9281,392
14%
Lot Size3,5637,329
1%
Price$898K$920K
45%
Price per square foot$968$687.5
92%
Built year19279755976
1%
HOA
Days on market62146
10%
Condition Rating
Excellent

Despite being built in 1927, the property has undergone extensive and recent renovations, as evidenced by the description and images. It features a 'newer roof/foundation,' 'new HVAC, windows, doors, gutters, and landscaping,' and 'refreshed kitchen & baths.' The kitchen boasts modern white shaker cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances. Bathrooms are updated with contemporary vanities and fixtures. Flooring consists of well-maintained hardwood and modern tile. All components appear new or virtually new, meeting current quality standards and making it truly move-in ready with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Upgrades: The property boasts significant recent renovations including a newer roof, foundation, HVAC, windows, and refreshed kitchen/baths, ensuring a truly move-in ready condition.
Versatile Income Potential: Offers flexibility for living, renting, or short-term rentals (buyer to verify zoning), appealing to investors, digital nomads, and first-time buyers seeking income opportunities.
Enhanced Outdoor Living: Features renovated outdoor spaces including a hedged front lawn, large porch, and two patios, ideal for entertaining and enjoying the San Diego climate.
Flexible Detached Garage: The detached garage provides excellent potential as a studio, gym, office, or future Accessory Dwelling Unit (ADU), adding significant value and utility (buyer to verify).
Charming & Convenient Location: Located in the desirable Talmadge neighborhood, blending 1920s Craftsman charm with proximity to local amenities, cafes, parks, and commuter routes.

Cons

Listed Above Estimated Value: The current listing price of $898,000 is 7% above the estimated property value of $833,372, which may impact buyer perception and negotiation.
Compact Interior Living Space: With 928 sqft, the interior living space is relatively compact for a 2-bedroom home, which might be a consideration for buyers seeking more expansive living areas.
Contingent Income/ADU Potential: Key value-add features like short-term rental income and ADU conversion are subject to buyer verification of zoning and regulations, introducing an element of uncertainty.

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