
San Diego, California 92154
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1365 15th Street Subject | $915,000* List Price | 4 | 3 | 1,812 | $492 | - |
A 2271 Judith Sold | $805,000 | 3 | 2 | 1,586 | $508 | 1.0 mi |
B 1232 Walpen Sold | $803,000 | 4 | 2 | 1,575 | $510 | 0.7 mi |
C 1539 Reklow Drive Sold | $807,000 | 4 | 2 | 1,666 | $484 | 0.9 mi |
D 1693 Poesia Ct. Sold | $894,000 | 4 | 3 | 1,890 | $473 | 1.0 mi |
E 1570 Arequipa Street Sold | $922,000 | 5 | 3 | 2,343 | $394 | 0.3 mi |
F 2171 Ilex Ave Sold | $810,000 | 3 | 2 | 1,650 | $491 | 0.9 mi |
G 2280 Hemlock Ave Sold | $908,500 | 5 | 3 | 2,400 | $379 | 1.0 mi |
H 1110 Gaywood Street Active | $950,000 List Price | 4 | 3 | 2,100 | $452 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
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.
The garage has been converted into a rented studio, providing immediate rental income to offset mortgage costs or accommodate multi-generational living.
The property features no HOA fees or Mello-Roos assessments, significantly reducing the monthly carrying costs and increasing overall purchasing power for the buyer.
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.
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.
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.
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 garage has been converted into a CASITA/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!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,812 | 1,777.941 |
| Lot Size | 6,162 | 6,474.445 |
| Price | $915.0K | $1.27M |
| Price per sq ft | $505 | $741 |
| Built year | 1996 | 1971 |
| HOA | $0 | $184 |
| Days on market | 111 | 40 |
Aug 15, 2026
$915,000
$945,000
-3% Price Drop
Initial Listing
May 21, 2026
$945,000
Initial Listing
Oct 15, 2014
$410,000
Public Record
Feb 12, 2007
$500,000
Public Record
Dec 19, 1996
$167,500
Public Record