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$3,480,000
4 Beds 6 Baths 260022016 MLS ACTIVE Status
Sited on an acre in the prestigious Alvarado Estates, this historically designated Mills Act residence captures the enduring appeal of mid-century architecture with a thoughtfully updated interior. Embodying the Organic Geometric philosophy of design, the single-story home features a dramatic sunken living room anchored by a substantial brick fireplace, vaulted ceilings, expansive windows, and generous living spaces that open naturally to the surrounding grounds. A refined kitchen pairs timeless detailing with contemporary function, creating an inviting setting for both intimate gatherings and everyday living. Spacious ensuite primary offers a private retreat with a distinctly resort-like feel. Mature landscaping frames the private backyard complete with pool, spa, built-in barbecue, fireplace, spacious lawn, and multiple areas for outdoor dining and entertaining. Distinguished by its architectural character, exceptional scale, and seamless indoor-outdoor living, the residence offers a sophisticated expression of mid-century living in one of San Diego’s most coveted communities.

5330 Le Barron Rd, Talmadge/San Diego Central

$3,925,000
16 Beds 12 Baths 260013949 MLS ACTIVE Status
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.

5074 Madison Ave, Talmadge/San Diego Central

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