1840 Locust St, San Diego, California 92106, San Diego, 92106 - 4 bed, 2 bath
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San Diego, California 92106
This Single Family Residence is a Strong Value Opportunity, listed at $1,298,300—positioned well below the $1,360,173 Fair Market Value by 4%. This valuation gap offers $61,873 in Instant Equity. Featuring a Newly Remodeled Kitchen and a Condition Rating of 3, the home balances modern updates with ADU Potential on a generous corner lot. With its prime coastal location near Liberty Station, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1840 Locust St Subject | $1,298,300* List Price | 4 | 2 | 1,658 | $820 | - |
A 3120 Poe Street Sold | $1,525,000 | 3 | 2 | 1,530 | $997 | 0.1 mi |
B 3614 Wawona Dr Sold | $1,200,000 | 3 | 2 | 1,386 | $866 | 0.4 mi |
C 3219 Hugo Sold | $1,327,000 | 2 | 2 | 1,374 | $966 | 0.4 mi |
D 3512 Browning St Sold | $1,575,000 | 3 | 3 | 1,574 | $1,001 | 0.8 mi |
E 3628 Poe Street Sold | $1,500,000 | 3 | 3 | 1,995 | $752 | 0.4 mi |
F 3122 Newell St Sold | $1,305,000 | 3 | 2 | 1,285 | $1,016 | 0.0 mi |
G 3276 Talbot St Sold | $1,670,000 | 4 | 3 | 2,245 | $744 | 0.9 mi |
H 3006 Yonge St Active | $1,445,000 List Price | 3 | 2 | 1,625 | $889 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a newly remodeled kitchen with modern cabinetry and stone countertops, along with updated flooring and recessed lighting, making it move-in ready. While the interior reflects recent renovations, the 1960s exterior and sunroom show some age-related wear and dated structural elements, preventing an 'excellent' rating.
Situated in the highly sought-after Point Loma neighborhood, the property offers exceptional proximity to Liberty Station, the harbor, and top-tier coastal dining and recreation.
The home features a newly remodeled kitchen with premium stone countertops and stainless steel appliances, complemented by updated flooring and recessed lighting throughout.
The generous corner lot provides significant versatility for outdoor enhancements or the addition of an ADU, offering long-term value and potential rental income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At 5,072 square feet, the lot size may feel restrictive for buyers seeking extensive yard space or those planning a large-scale ADU without sacrificing privacy.
Originally built in 1960, the property may require ongoing maintenance or further updates to older systems despite the recent cosmetic and kitchen renovations.
Welcome to Point Loma living in this beautifully updated corner-lot home just minutes from the ocean, harbor, Liberty Station, and some of San Diego’s best coastal dining and recreation. This charming single-family residence blends classic character with thoughtful modern upgrades while offering exceptional potential for future expansion or customization. The newly remodeled kitchen showcases sleek modern cabinetry, dramatic stone countertops and backsplash, stainless steel appliances, and a clean contemporary design that perfectly balances style and functionality. Spacious living areas are filled with natural light, complemented by updated flooring, recessed lighting, abundant built-in storage, and an open, comfortable layout ideal for everyday living and entertaining. A versatile bonus room featuring a custom built-in bar creates the perfect space for a game room, lounge, office, or media retreat. The generous corner lot provides added privacy, outdoor potential, and ample space for enhancements such as expanded outdoor living areas or the addition of an ADU, creating additional value and income potential. Situated in a well-established neighborhood near top-rated schools, shopping, dining, and endless coastal recreation, this property presents a rare opportunity for homeowners, investors, or buyers seeking a move-in-ready home with long-term upside in one of San Diego’s most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,658 | 1,777 |
| Lot Size | 5,072 | 6,600 |
| Price | $1.30M | $1.24M |
| Price per sq ft | $783 | $743 |
| Built year | 1960 | 1972 |
| HOA | $0 | $200 |
| Days on market | 20 | 39 |
Jul 2, 2026
$1,298,300
Initial Listing