1738 33rd Street, San Diego, California 92102, San Diego, 92102 - 2 bed, 2 bath
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San Diego, California 92102
This Turnkey South Park Residence with Significant Development Potential is a Strong Value Opportunity, listed at $1,175,000—positioned below the $1,197,682 Fair Market Value by 1%. This valuation offers $22,682 in Instant Equity. The home features a Condition Rating of 2 with a remodeled kitchen and solar battery walls. Set on a rare 10,000 sq ft double lot with Tranquil Canyon Views, it balances modern sustainability with expansion upside. This is an ideal acquisition for Owner-Occupants or Savvy Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1738 33rd Street Subject | $1,175,000* List Price | 2 | 2 | 764 | $1,568 | - |
A 1738 33rd Street Active | $1,200,000 List Price | 2 | 2 | 764 | $1,571 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1940, the property has undergone an extensive recent renovation within the last 5 years. It features a fully remodeled modern kitchen with high-end stainless steel appliances and quartz countertops, refreshed bathrooms with a new LG Washtower, all-new LVP flooring, and fresh interior/exterior paint. Major system upgrades include a recently updated foundation, upgraded electrical panel, and the installation of Sunrun solar panels with two battery walls and an EV charger.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9998, living area = 764.
The property includes two separate APNs totaling 10,000 sq ft of land, offering a rare opportunity to develop the vacant lot separately or expand the existing footprint in a high-demand neighborhood.
The home features a recently updated foundation and high-value energy upgrades, including Sunrun solar panels with two battery walls, providing long-term structural peace of mind and utility savings.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9998, other record lot size in square feet = 5000.
With only 764 square feet of living area, the existing 2-bedroom home is quite compact, which may require additional construction to accommodate larger households.
The listing price reflects the substantial land value and development upside, resulting in a premium price point relative to the current square footage of the residential structure.
Recently completed foundation update. Charming house plus an undeveloped lot (two separate APNs) totaling 10,000 sq ft of land. Trailheads steps from your front door, cafés and breweries within walking distance, plus music, boutiques, and some of San Diego’s best restaurants. Historic South Park character meets city convenience with quick access to Balboa Park’s museums, the San Diego Zoo, and nearby golf. Don’t miss neighborhood favorites: the quarterly Walkabout and the holiday Tree Lighting. Positioned at the end of a quiet cul-de-sac, the property enjoys tranquil canyon and neighborhood views. The picturesque canyon setting is ideal for outdoor living, view decks or hot tubs, gardens, patios, or play areas. Potential to develop both lots separately or together. The existing 2 bed / 1.5 bath home has been tastefully improved with a remodeled kitchen, all-new flooring, refreshed full and half baths (including a laundry area), interior and exterior paint, an upgraded electrical panel, and a recent landscape clean-up. Sunrun solar panels and two battery walls recently installed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 764 | 1,290.5 | 13% |
| Lot Size | 9,998 | 5,330.5 | 84% |
| Price | $1.18M | $806.0K | 63% |
| Price per sq ft | $1.5K | $787 | 97% |
| Built year | 1940 | 1953 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 132 | 9% |
Apr 1, 2026
$1,175,000
Initial Listing
May 16, 2024
$825,000
Public Record