11475 Alkaid, San Diego, California 92126, San Diego, 92126 - 3 bed, 2 bath
ACTIVE$850,000$1,783/sqft
Est. Value: $905,020
6%
BelowEstimate
11475 Alkaid, San Diego, California 92126
3Beds
2Baths
1,783Sqft
5,900Lot
Price Vs. Estimate
The estimated value ($905,020.345) is $55,020.345 (6%) higher than the list price ($850,000). This property may be underpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Ericson Elementary School (9/10). High School: Mira Mesa High School (9/10).
Top Cons:
Requires Significant Renovation: The property 'needs some Tender Loving Care,' indicating that substantial updates and repairs are necessary to bring it to modern standards.
Compared to the nearby listings
Price:$850.0K vs avg $1.09M ($-244,500)4%
Size:1,783 sqft vs avg 1,631.5 sqft60%
Price/sqft:$477 vs avg $6854%
More Insights
Built in 1973 (53 years old).
Condition: Built in 1973, this property is over 50 years old. The listing explicitly states it 'needs some Tender Loving Care' and 'Requires Significant Renovation,' targeting 'Savvy Investors' or those 'great with a toolkit.' The exterior images show clear signs of deferred maintenance and an unkempt appearance, consistent with a property that has not undergone major renovations in decades. While not explicitly stated as structurally unsound, the age and the need for 'significant renovation' strongly suggest that major systems and finishes are outdated and require substantial rehabilitation to meet modern standards and comfort.
Year Built
1973
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$477
HOA
-
Days on market
-
Sold On
-
MLS number
PW26012467
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights
About this home
Beautiful Home in a Great Neighborhood.3 large Bedrooms 2 baths, 2 car garage, fireplace and Big kitchen. This home needs some Tender Loving Care. So if you are great with a toolkit this home is for you. If you are a Savvy Investor. Look no further. This would fit right into your Investment Portfolio.
A
Audrey Flemmings
Listing Agent
Nearby schools
9/10
Ericson Elementary School
Public,•K-5•0.5mi
6/10
Hage Elementary School
Public,•K-5•1.4mi
7/10
Wangenheim Middle School
Public,•6-8•2.1mi
9/10
Mira Mesa High School
Public,•9-12•1.7mi
Condition Rating
Poor
Built in 1973, this property is over 50 years old. The listing explicitly states it 'needs some Tender Loving Care' and 'Requires Significant Renovation,' targeting 'Savvy Investors' or those 'great with a toolkit.' The exterior images show clear signs of deferred maintenance and an unkempt appearance, consistent with a property that has not undergone major renovations in decades. While not explicitly stated as structurally unsound, the age and the need for 'significant renovation' strongly suggest that major systems and finishes are outdated and require substantial rehabilitation to meet modern standards and comfort.
Pros & Cons
Pros
Great Schools: Elementary School: Ericson Elementary School (9/10). High School: Mira Mesa High School (9/10).
Desirable Location: Situated in a 'Great Neighborhood' within San Diego (92126), a highly sought-after city, offering strong community appeal and potential for appreciation.
Investment Opportunity: Explicitly marketed towards 'Savvy Investors' and those 'great with a toolkit,' indicating significant value-add potential through renovation and modernization.
Scenic City Lights View: The property boasts desirable 'City Lights' views, enhancing its aesthetic appeal and potential resale value.
Access to Top-Rated Schools: Located within a district served by highly-rated schools, including Ericson Elementary (9/10) and Mira Mesa High School (9/10), a major draw for families.
Functional Layout & Key Amenities: Features a practical layout with 3 large bedrooms, a spacious kitchen, a 2-car garage, and a cozy fireplace, catering to comfortable living.
Cons
Requires Significant Renovation: The property 'needs some Tender Loving Care,' indicating that substantial updates and repairs are necessary to bring it to modern standards.
Dated Construction: Built in 1973, the home is over 50 years old, suggesting that major systems (plumbing, electrical, HVAC) and interior finishes may be original or outdated, requiring capital expenditure.
Potential for As-Is Sale: The description implies the property is being sold in its current condition, which may limit financing options for some buyers and necessitates a buyer willing to undertake all necessary improvements.