1270 Valencia Pkwy, San Diego, California 92114, San Diego, 92114 - 4 bed, 2 bath
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San Diego, California 92114
This Single-Family Residence represents a Strong Value Opportunity, listed at $905,000—positioned above the $846,454 Fair Market Value. While priced at a premium, the property features a Condition Rating of 4, offering a functional, move-in ready layout. The expansive 12,000 SF lot with RS-1-7 Zoning provides significant ADU development potential to maximize long-term ROI. With a single-level floor plan and city light views, this asset balances immediate utility with future growth. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential development project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1270 Valencia Pkwy Subject | $905,000* List Price | 4 | 2 | 1,290 | $656 | - |
A 5262 Cervantes Avenue Sold | $739,000 | 4 | 2 | 1,020 | $725 | 0.6 mi |
B 5549 Dream St Sold | $735,000 | 3 | 2 | 1,107 | $664 | 0.8 mi |
C 170 61st Street Active | $750,000 List Price | 4 | 2 | 1,332 | $563 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the home is dated but appears well-maintained. While the age is over 30 years, the interior shows updated tile and laminate flooring rather than original materials. It is functional and move-in ready but requires cosmetic updates to the kitchen and bathrooms to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12000, living area = 1290.
The expansive 12,000 SF lot with RS-1-7 zoning offers significant opportunities for additional development, including the potential for an Accessory Dwelling Unit (ADU) to maximize investment value.
This well-maintained 4-bedroom home features a desirable single-story layout, providing a functional and accessible floor plan that appeals to a wide demographic of buyers.
At a list price of $905,000 for 1,290 square feet, the property carries a premium price-per-foot ratio that may be sensitive to appraisal valuations in the local area.
Built in 1987, the home may require modern cosmetic updates or system upgrades to compete with newer inventory and meet contemporary energy efficiency standards.
Rare opportunity: well-maintained, 4 bed/2 bath, single-level home on an expansive RS-1-7-zoned (approx 12,000 SF) lot which may provide opportunities for additional development, including a potential for an Accessory Dwelling Unit (ADU), subject to buyer verification, City approval, and applicable regulations. The private backyard offers ample space for outdoor activities, gardening, and potential improvements & developments. Conveniently located near schools, shopping, parks, restaurants, healthcare, hospitals, and major transportation routes, this property offers immediate income potential and long-term investment opportunities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,290 | 1,777 |
| Lot Size | 12,000 | 6,600 |
| Price | $905.0K | $1.24M |
| Price per sq ft | $702 | $743 |
| Built year | 1987 | 1972 |
| HOA | $0 | $200 |
| Days on market | 7 | 39 |
Jul 15, 2026
$905,000
Initial Listing
Apr 5, 2007
$470,000
Public Record
Dec 29, 2006
$210,000
Public Record
Feb 23, 1999
$168,000
Public Record