1831 Meade Ave, San Diego, California 92116, San Diego, 92116 - 1 bed, 1 bath
Loading property details...
1831 Meade Ave
San Diego, California 92116
ACTIVE
CONDITION: POOR
1Beds
1Baths
528Sq Ft
0Lot Size
Property Price
LIST PRICE$649,000
EST. MARKET VALUE
$645,831
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $649,000—positioned well below the $645,832 Fair Market Value by -0.5%. While the home requires a full renovation due to its Condition Rating of 5, the prime location in a highly walkable San Diego neighborhood offers significant long-term upside. Proximity to top-rated schools like Birney Elementary enhances its future resale appeal. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers capable of executing a comprehensive restoration project.
Estimated Market Value
$645,831
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 |
|---|---|---|---|---|---|---|
★ 1831 Meade Ave Subject 1 bd · 1 ba · 528 sqft · $1,223 | $649,000* List Price | 1 | 1 | 528 | $1,223 | - |
A 3015 Madison Ave. Sold 1 bd · 1 ba · 396 sqft · $1,330 · 0.9 mi | $526,500 | 1 | 1 | 396 | $1,330 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1925 with no significant recent renovations. The kitchen is highly dated with 30-50 year old cabinetry and tile, and there is visible damage to the ceiling. The listing description explicitly calls for a full restoration or renovation, indicating the property needs a complete rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated in the highly desirable Normal Heights neighborhood, the property is steps away from popular coffee shops, dining, and local amenities, offering an exceptional urban lifestyle.
- Significant Value-Add Potential
As a vintage 1925 home requiring renovation, this property presents a rare opportunity for investors or homeowners to build equity through restoration in a high-demand market.
- Excellent School Proximity
The home is located just 0.17 miles from Birney Elementary School, a top-rated institution, which enhances the long-term desirability and resale value of the location.
CONSRISKS & DEFICIENCIES
- Extremely Small Footprint
With only 528 square feet of living space and a 1-bedroom layout, the property offers limited utility and a high price-per-square-foot compared to larger residential options.
- Immediate Capital Expenditure
The property is marketed as a project requiring vision and restoration, indicating that substantial additional investment will be necessary beyond the purchase price to make it move-in ready.
About 1831 Meade Ave
Opportunity knocks in one of San Diego’s most desirable and walkable neighborhoods. Located just steps from coffee shops, dining, local favorites, and neighborhood amenities, this location is hard to beat. Bring your vision and creativity to restore, renovate, or reimagine this home in an area where upside and lifestyle come together. A rare chance to secure a property with potential in a highly sought-after San Diego location. Perfect for first time buyer or rental!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Birney Elementary School
Grades K-5 • 0.2 mi
8/10
Garfield Elementary School
Grades K-5 • 0.6 mi
8/10
Jefferson Elementary School
Grades K-5 • 1.0 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 528 | 1,752.269 |
| Lot Size | - | 6,446.159 |
| Price | $649.0K | $1.27M |
| Price per sq ft | $1.2K | $736 |
| Built year | 1925 | 1971 |
| HOA | $0 | $186 |
| Days on market | 35 | 41 |
Pricing History
Listed for Sale
Sep 21, 2026
$649,000
Initial Listing