1365 15th Street, San Diego, California 92154, San Diego, 92154 - 4 bed, 3 bath
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1365 15th Street
San Diego, California 92154
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,812Sq Ft
6,162Lot Size
Property Price
LIST PRICE$849,999
EST. MARKET VALUE
$849,999
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $945,000—positioned well above the $895,327 Fair Market Value by -5%. Featuring a Mint Condition Rating with recent renovations, this property offers immediate income potential through a converted studio. The 6,162 sqft lot provides significant versatility for a Jr. ADU or RV storage. Located in the Sweetwater Union district, it balances modern living with strategic rental utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Estimated Market Value
$849,999
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1365 15th Street Subject 4 bd · 3 ba · 1,812 sqft · $469 | $849,999* List Price | 4 | 3 | 1,812 | $469 | - |
A 1406 Green Bay Sold 5 bd · 3 ba · 1,992 sqft · $454 · 0.7 mi | $905,000 | 5 | 3 | 1,992 | $454 | 0.7 mi |
B 2271 Judith Sold 3 bd · 2 ba · 1,586 sqft · $508 · 1.0 mi | $805,000 | 3 | 2 | 1,586 | $508 | 1.0 mi |
C 1232 Walpen Sold 4 bd · 2 ba · 1,575 sqft · $510 · 0.7 mi | $803,000 | 4 | 2 | 1,575 | $510 | 0.7 mi |
D 1693 Poesia Ct. Sold 4 bd · 3 ba · 1,890 sqft · $473 · 1.0 mi | $894,000 | 4 | 3 | 1,890 | $473 | 1.0 mi |
E 2171 Ilex Ave Sold 3 bd · 2 ba · 1,650 sqft · $491 · 0.9 mi | $810,000 | 3 | 2 | 1,650 | $491 | 0.9 mi |
F 1027 Swaying Palms Way W Sold 4 bd · 3 ba · 2,129 sqft · $451 · 0.5 mi | $960,000 | 4 | 3 | 2,129 | $451 | 0.5 mi |
G 2280 Hemlock Ave Sold 5 bd · 3 ba · 2,400 sqft · $379 · 1.0 mi | $908,500 | 5 | 3 | 2,400 | $379 | 1.0 mi |
H 1642 Leon Avenue Pending 3 bd · 2 ba · 1,460 sqft · $547 · 0.4 mi | $799,000 List Price | 3 | 2 | 1,460 | $547 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1996, the property has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the modern kitchen with stainless steel appliances, shaker cabinets, and subway tile. The interior features updated LVP flooring, a modern fireplace, and fresh paint throughout. Additionally, the backyard has been significantly upgraded with high-end stamped concrete and a built-in fire pit, placing it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The garage has been converted into a rented studio, providing immediate rental income to offset mortgage costs or accommodate multi-generational living.
- Financial Advantage
The property features no HOA fees or Mello-Roos assessments, significantly reducing the monthly carrying costs and increasing overall purchasing power for the buyer.
- Versatile Outdoor Space
A generous 6,162 sqft lot with stamped concrete offers ample room for RV parking, an outdoor entertainment hub, or the potential to construct a Junior ADU.
CONSRISKS & DEFICIENCIES
- Lack of Traditional Parking
The conversion of the garage into a studio eliminates secure, covered vehicle storage, which may be a deterrent for buyers with multiple cars or a need for workshop space.
- Market Stagnation
With 67 days on the market at its original list price, the property is showing signs of pricing resistance compared to faster-moving inventory in the San Diego area.
About 1365 15th Street
PRICE IMPROVEMENT! NO HOA/ NO MELLOROOS, This lovely two-story home features 4 bedrooms and 3 bathrooms, plus a LARGE FRONT AND BACKYARD, with stamped concrete & Design throughout, offering endless possibilities to build a Jr. ADU, POOL, create an entertainment area. SIDE OF HOME Park your RV and toys. DRIVEWAY FITS UP 4 CARS. The two-car garage has been converted into a STUDIO, currently rented. Providing excellent income potential. CAN EASILY BE A 5TH BEDROOM. Feel the ocean breeze and enjoy summer days in this beautiful home located in the great community of Imperial Beach! Just minutes from the ocean, schools, shopping centers, and Highway 75 to Coronado Island. Amusement parks and international border. This property will not last long! Buyers and Agents to do their diligence inspections and investigation to the information provided. reliable but not warranty or guarantee.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 6,162 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Emory Elementary School
Grades K-6 • 0.6 mi
5/10
Mar Vista Academy
Grades 7-8 • 0.3 mi
3/10
Mar Vista Senior High School
Grades 9-12 • 1.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,812 | 1,752.269 |
| Lot Size | 6,162 | 6,446.159 |
| Price | $850.0K | $1.27M |
| Price per sq ft | $469 | $736 |
| Built year | 1996 | 1971 |
| HOA | $0 | $186 |
| Days on market | 157 | 41 |
Pricing History
Listed for Sale
Oct 2, 2026
$849,999
$915,000
-7% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$915,000
$945,000
-3% Price Drop
Initial Listing
Price Change
May 21, 2026
$945,000
Initial Listing
Sold
Oct 15, 2014
$410,000
Public Record
Sold
Feb 12, 2007
$500,000
Public Record
Sold
Dec 19, 1996
$167,500
Public Record