
San Diego, California 92107
This Classic Fleetridge Ranch is a Strong Value Opportunity, listed at $2,250,000—positioned well below the $2,400,886 Fair Market Value by 6%. This valuation gap provides $150,886 in Instant Equity for buyers. While maintaining a Functional Condition Rating with paid solar and upgraded systems, the home sits on a rare 11,431 sqft corner lot near the 10/10 rated Ocean Beach Elementary. It offers significant appreciation potential through cosmetic modernization in a premier coastal enclave. This is an ideal acquisition for Owner-Occupants looking to build wealth or Luxury-Oriented Buyers seeking a prime Point Loma footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1261 Catalina Subject | $2,250,000* List Price | 4 | 3 | 2,726 | $881 | - |
A 1501 Chatsworth Boulevard Sold | $2,400,000 | 4 | 3 | 2,545 | $943 | 0.1 mi |
B 3733 La Cresta Dr Sold | $2,039,020 | 4 | 3 | 2,704 | $754 | 0.7 mi |
C 3951 Atascadero Drive Sold | $2,400,000 | 4 | 3 | 2,797 | $858 | 0.8 mi |
D 4483 Santa Monica Avenue Sold | $2,500,000 | 3 | 3 | 2,633 | $949 | 0.9 mi |
E 4460 Niagara Avenue Sold | $2,795,000 | 4 | 4 | 2,806 | $996 | 0.8 mi |
F 1045 Tarento Drive Sold | $2,675,000 | 4 | 4 | 2,734 | $978 | 0.3 mi |
G 1151 Catalina Boulevard Active | $2,630,000 List Price | 5 | 4 | 3,069 | $857 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1960, the property is meticulously maintained and move-in ready. It features critical recent upgrades to major systems including electric, plumbing, solar, and double-pane windows. While the kitchen and wood paneling are aesthetically dated, the bathrooms are updated and the home's functional condition exceeds its chronological age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11431, living area = 2726.
Elementary School: Ocean Beach Elementary School (10/10).
Situated in the prestigious Fleetridge neighborhood of Point Loma, the home is minutes from Sunset Cliffs and within the boundaries of highly-rated schools like Silver Gate Elementary, ensuring strong long-term value.
As a meticulously maintained 1960s original, the home requires significant cosmetic modernization and personalized updates to meet the expectations of today’s luxury buyers.
While the property offers harbor views, they are characterized as 'peek-a-boo,' which may be a drawback for buyers specifically seeking the panoramic water vistas common at this price point in Point Loma.
FLEETRIDGE RANCH STYLE well-cared-for GEM! This classic 1960s single-story ranch has been meticulously maintained by its original owners, preserving its timeless character while offering an exciting opportunity for personalized updates. With 4 generously sized bedrooms, 3 updated bathrooms, and a sprawling 2,726 square feet of living space, it’s a home that’s ready to shine with your vision. Set on a generous, flat 11,431sf corner lot—perfect for a pool or outdoor entertaining—the property boasts a highly sought-after floor plan, featuring oversized bedrooms and a seamless flow. Recent updates include paid solar, double-pane windows, upgraded electric and plumbing systems, new air ducts, EZR exterior vents, rain gutters, and a leak monitor, ensuring peace of mind for years to come. Convenience and lifestyle come standard here. Located at the center of the Point Loma Peninsula, you’re just minutes from the breathtaking Sunset Cliffs Natural Park, the beach, San Diego Harbor, and the vibrant downtown scene. Top-rated schools and an ideal blend of urban and suburban living make this home an unbeatable choice. Don’t miss the opportunity to own this one-of-a-kind property that combines rich history, an unbeatable location, and modern convenience. This is more than a home—it’s a legacy waiting to be yours.
No exterior & parking available.
Grades K-4 • 0.3 mi
Grades K-4 • 0.5 mi
Grades K-4 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,726 | 1,899 | 78% |
| Lot Size | 11,431 | 7,000 | 91% |
| Price | $2.25M | $2.11M | 59% |
| Price per sq ft | $825 | $1.1K | 9% |
| Built year | 1960 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 118 | 17% |
Apr 26, 2026
$2,250,000
Initial Listing