128 Old Oak Rd, San Diego, California 92114, San Diego, 92114 - 3 bed, 2 bath
ACTIVE$575,000$964/sqft
Est. Value: $550,151
-4%
AboveEstimate
128 Old Oak Rd, San Diego, California 92114
3Beds
2Baths
964Sqft
Lot
Price Vs. Estimate
The estimated value ($550,150.99) is $24,849.01 (4%) lower than the list price ($575,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime San Diego Location: Situated in San Diego, a highly sought-after real estate market, offering strong long-term value potential and desirability.
Top Cons:
Extensive Renovation Required: The property is explicitly a 'fixer,' meaning it requires substantial and potentially costly renovations, which will be a significant undertaking for the buyer.
Compared to the nearby listings
Price:$575.0K vs avg $760.0K ($-185,000)5%
Size:964 sqft vs avg 1,475.5 sqft9%
Price/sqft:$596 vs avg $52071%
More Insights
Built in 1962 (64 years old).
Condition: Built in 1962 and explicitly described as a 'fixer,' this property requires substantial rehabilitation. The kitchen features extremely outdated, worn cabinets (some missing doors), old countertops, and old tile flooring. The bathroom is equally dated with an old vanity, toilet, tub, and tiles. Throughout the home, the flooring is worn, damaged, and peeling linoleum/vinyl. The overall condition indicates significant deferred maintenance, outdated systems, and a need for a complete gut renovation to be safely and comfortably habitable.
Year Built
1962
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$596
HOA
-
Days on market
-
Sold On
-
MLS number
2600781SD
Home ConditionPoor
Features
Patio
View-
About this home
No More Showings, No More Offers. Fixer. Please see attached document "REQUIRED TERMS" prior to writing an offer. Seller is a trustee who has never occupied the property.
J
Jeff Larabee
Listing Agent
Nearby schools
6/10
Freese Elementary School
Public,•K-5•0.5mi
4/10
Boone Elementary School
Public,•K-5•0.6mi
4/10
Audubon K-8
Public,•K-8•0.6mi
4/10
Fulton K-8
Public,•K-8•0.7mi
4/10
Bell Middle School
Public,•6-8•1.0mi
7/10
Bethune K-8
Public,•K-8•1.3mi
6/10
Morse High School
Public,•9-12•0.8mi
Condition Rating
Poor
Built in 1962 and explicitly described as a 'fixer,' this property requires substantial rehabilitation. The kitchen features extremely outdated, worn cabinets (some missing doors), old countertops, and old tile flooring. The bathroom is equally dated with an old vanity, toilet, tub, and tiles. Throughout the home, the flooring is worn, damaged, and peeling linoleum/vinyl. The overall condition indicates significant deferred maintenance, outdated systems, and a need for a complete gut renovation to be safely and comfortably habitable.
Pros & Cons
Pros
Prime San Diego Location: Situated in San Diego, a highly sought-after real estate market, offering strong long-term value potential and desirability.
Investment/Value-Add Opportunity: Explicitly described as a 'fixer,' this property presents a significant opportunity for investors or owner-occupants to renovate, customize, and substantially increase its value.
Strong School District Access: Proximity to several public schools, including highly-rated options like Bethune K-8 (rating 7) and Freese Elementary (rating 6), enhancing family appeal.
Single-Family Home Status: A detached single-family residence, a desirable property type offering privacy and land ownership in a competitive market.
High Market Demand Indication: The listing status 'No More Showings, No More Offers' suggests strong buyer interest despite its condition, indicating a competitive market for this type of property.
Cons
Extensive Renovation Required: The property is explicitly a 'fixer,' meaning it requires substantial and potentially costly renovations, which will be a significant undertaking for the buyer.
Age and Potential System Obsolescence: Built in 1962, the home is over 60 years old, likely necessitating updates to major systems (plumbing, electrical, HVAC) and potentially structural repairs.
Trustee Sale / Limited Disclosure: Being sold by a trustee who has never occupied the property implies an 'as-is' sale with limited seller disclosures, increasing the risk of unknown defects and requiring thorough due diligence.