1550 Morenci St, San Diego, California 92110, San Diego, 92110 - 5 bed, 4 bath
1550 Morenci St
San Diego, California 92110
Property Price
SUMMARY
Analysis of 1550 Morenci St, San Diego, California 92110 reveals a Prime Investment Opportunity with a current list price of $2,395,000—significantly undercutting the $2,706,283 Fair Market Value by 11%. This valuation gap indicates a +$311,283 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1550 Morenci St Subject | $2,395,000* List Price | 5 | 4 | 3,838 | $705 | - |
A 2628 Grandview St Sold | $1,850,000 | 5 | 3 | 2,379 | $778 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property has been extensively renovated within the last 5 years, featuring a high-end chef's kitchen with bespoke cabinetry and premium appliances, modern spa-like bathrooms, and a smart automated pool installed in 2021. The interior boasts contemporary finishes, hardwood flooring, and energy-efficient upgrades like 23 owned solar panels, meeting the highest quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Outdoor Oasis & Efficiency
The property features a smart, fully automated pool installed in 2021 and 23 fully owned solar panels, providing a luxurious, low-maintenance lifestyle with significant long-term energy savings.
- Gourmet Chef’s Kitchen
A true showpiece of the home, the kitchen is equipped with bespoke cabinetry, premium countertops, and high-end appliances, designed for both high-capacity entertaining and daily functionality.
- Prime Coastal Location
Situated in the highly desirable Bay Park neighborhood, the home offers exceptional proximity to Mission Bay, parks, and trendy dining, blending suburban comfort with coastal convenience.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-03-19. The sold price is $2,325,000.00.
- High Building-to-Lot Ratio
The substantial 3,838 square foot home occupies a large portion of the 5,600 square foot lot, resulting in limited yard space beyond the pool area for gardening or traditional outdoor play.
- Restricted Water Views
The primary suite only offers a 'peek-a-boo' water view, which may be a competitive disadvantage for luxury buyers expecting more expansive or panoramic vistas of Mission Bay at this price point.
About 1550 Morenci St
Discover elevated coastal living at 1550 Morenci Street, a thoughtfully reimagined custom residence just moments from all the dining, shopping, and charm Bay Park has to offer and the outdoor beauty of Mission Bay. This stunning 5 bedroom, 4 bathroom home blends modern sophistication with everyday comfort in a truly prime location. Inside, expansive open-concept living spaces are accented by refined finishes and designer details throughout. The chef’s kitchen is a showpiece, featuring bespoke cabinetry, premium countertops, and high-end appliances ideal for entertaining or relaxed gatherings at home. The serene primary suite serves as a private retreat, complete with a spa-inspired bathroom and a peek-a-boo water view. Step outside to a resort-style backyard highlighted by a smart, fully automated pool completed in 2021, offering effortless enjoyment year-round. With 23 fully owned solar panels, energy efficiency meets peace of mind. Perfectly positioned near Mission Bay, parks, and endless recreational opportunities, this exceptional home delivers luxury, lifestyle, and convenience in one of San Diego’s most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 5,600 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 90% |
| Square foot | 3,838 | 1,600 | 95% |
| Lot Size | 5,600 | 6,300 | 41% |
| Price | $2.40M | $1.51M | 92% |
| Price per sq ft | $624 | $909 | 8% |
| Built year | 2003 | 1958 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 155 | 8% |
Pricing History
Listed for Sale
Feb 27, 2026
$2,395,000
Initial Listing
Sold
Mar 19, 2025
$2,325,000
Public Record
Sold
Jun 30, 2017
$1,260,000
Public Record
Sold
Sep 6, 2001
$320,000
Public Record