1365 15th Street, San Diego, California 92154, San Diego, 92154 - 4 bed, 3 bath
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San Diego, California 92154
This Strong Value Opportunity is a Hybrid Income-Generating Property listed at $945,000, positioned above the $867,217 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3 with a recently remodeled kitchen and bathrooms. The garage-to-studio conversion generates $1,800 in monthly rental income, providing a unique "house hack" model. With a large lot suitable for a Jr. ADU and proximity to Imperial Beach, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1365 15th Street Subject | $945,000* List Price | 4 | 3 | 1,812 | $479 | - |
A 1771 Wolviston Way Sold | $824,000 | 4 | 2 | 2,130 | $387 | 0.4 mi |
B 1122 Thalia Street Sold | $750,000 | 4 | 2 | 1,888 | $397 | 0.4 mi |
C 1539 Reklow Drive Sold | $807,000 | 4 | 2 | 1,666 | $484 | 0.9 mi |
D 2171 Ilex Ave Sold | $810,000 | 3 | 2 | 1,650 | $491 | 0.9 mi |
E 1516 Grove Active | $835,000 List Price | 3 | 2 | 1,634 | $511 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996 (28 years old) but features recent cosmetic remodels to the kitchen and bathrooms including updated flooring, subway tile backsplash, and refreshed cabinetry. The home is well-maintained, move-in ready, and includes a functional garage-to-studio conversion.
The garage has been converted into a studio currently rented for $1,800 per month, providing a substantial secondary income stream to offset mortgage payments.
The property features a recently remodeled kitchen and bathrooms, offering a contemporary aesthetic and reducing the need for immediate capital improvements.
The 6,162 sqft lot includes stamped concrete and ample space for RV parking or the construction of a Junior ADU, offering significant flexibility for future expansion.
The conversion of the garage into a rental unit eliminates covered vehicle parking and enclosed storage, which may be a deterrent for some buyers.
The assigned public schools for this address have ratings ranging from 3 to 5, which could be a drawback for families prioritizing high-performing school districts.
NO HOA/ NO MELLOROOS, 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 lovely two-story home features 4 bedrooms and 3 bathrooms, plus a large backyard with stamped concrete throughout, offering endless possibilities to build a Jr. ADU, create an entertainment area, or park your RV and toys. The kitchen and bathrooms have been remodeled, and the home also features a dedicated laundry room. The garage has been converted into a studio currently rented. Providing excellent income potential. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 1,812 | 1,664 | 65% |
| Lot Size | 6,162 | 5,227.2 | 73% |
| Price | $945.0K | $812.5K | 90% |
| Price per sq ft | $522 | $491 | 61% |
| Built year | 1996 | 1977 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 144 | 3% |
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