
San Diego, California 92114
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $850,000—positioned above the $812,439 Fair Market Value. While the property carries a Condition Rating of 4, the expansive 12,000 sqft lot provides significant Development Potential for an ADU, offering a clear path to forced appreciation. Featuring a functional single-story layout and scenic city-light views, this asset balances immediate utility with long-term growth. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to personalize a home with substantial expansion capacity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1270 Valencia Pkwy Subject 4 bd · 2 ba · 1,290 sqft · $630 | $850,000* List Price | 4 | 2 | 1,290 | $630 | - |
A 1374 Leaf Terrace Pending 3 bd · 2 ba · 1,337 sqft · $482 · 0.4 mi | $644,000 List Price | 3 | 2 | 1,337 | $482 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the home is functional but dated. While the bathroom shows some mid-range updates like a newer vanity and wood-look tile flooring, the main living areas feature older white tile and the exterior landscaping is unfinished. The listing's emphasis on 'personalizing' and 'bringing ideas to life' confirms it needs cosmetic updates to reach 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 oversized 12,000 sqft lot is a rare find in this area, providing ample space for an Accessory Dwelling Unit (ADU), property expansion, or extensive outdoor entertaining areas.
The home features a highly desirable single-level floor plan with four bedrooms, offering accessibility and convenience for a wide range of buyers from growing families to retirees.
Fitting four bedrooms into 1,290 square feet suggests that individual room sizes and common living areas may feel cramped or undersized for a larger household.
The list price of $850,000 represents a high price-per-square-foot for the 92114 zip code, which may be a challenge for buyers looking for more interior living space at this valuation.
Welcome to this inviting single-story, 4-bedroom, 2-bathroom, approximately 1290 SF of living space, comfortable living room, kitchen, & attached 2-car garage with laundry hookups. The spacious lot offers plenty of room to expand, with a generous backyard ready for landscaping, gardening, outdoor entertaining, or a peaceful private retreat. Explore the potential to add an Accessory Dwelling Unit (ADU) for extended family, guests, or rental income, subject to buyer verification of feasibility and required permits and approvals. Neighborhood and city-light views enhance the home's appeal, and the convenient location offers easy access to shopping, parks, schools, and major transportation routes. Whether you want to personalize your home or add more living space, this Valencia Park property lets you bring your ideas to life. Bring your motivated buyers and let's go to escrow !!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,290 | 1,752.269 |
| Lot Size | 12,000 | 6,446.159 |
| Price | $850.0K | $1.27M |
| Price per sq ft | $659 | $736 |
| Built year | 1987 | 1971 |
| HOA | $0 | $186 |
| Days on market | 11 | 41 |
Oct 14, 2026
$850,000
Initial Listing
Apr 5, 2007
$470,000
Public Record
Dec 29, 2006
$210,000
Public Record
Feb 23, 1999
$168,000
Public Record