
San Diego, California 92154
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned slightly above the $613,352 Fair Market Value. While requiring a full interior renovation due to its Condition Rating of 5, the asset features near-new mechanical systems, including a recent HVAC and water heater. Located in a neighborhood with strong rental demand and proximity to local schools, this project is a strategic acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive value-add renovation plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1871 Tamarand Way Subject | $625,000* List Price | 3 | 2 | 1,175 | $522 | - |
A 2223 Ilex Sold | $700,000 | 3 | 2 | 1,120 | $625 | 0.5 mi |
B 2274 Lieder Dr Sold | $780,000 | 4 | 2 | 1,440 | $542 | 0.7 mi |
C 984 Thermal Sold | $605,000 | 4 | 2 | 1,281 | $472 | 0.8 mi |
D 1050 Raedel Drive Active | $729,000 List Price | 3 | 2 | 1,294 | $563 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 and explicitly listed for 'cash or rehab loans only,' the property shows significant neglect. While the HVAC and water heater are newer, the kitchen is in a state of disrepair with missing cabinet doors and visible wall damage, necessitating a full interior renovation.
The property features a near-new HVAC system, garage door, and water heater, which reduces the immediate need for capital expenditure on high-ticket mechanical items.
Situated in a neighborhood with strong rental demand and resale value, this property offers a significant opportunity for investors seeking a fix-and-flip or a high-yield rental asset.
The home is conveniently located within walking distance of several schools, including Godfrey G. Berry Elementary and Mar Vista Academy, enhancing its appeal to families.
The property's current state limits financing options to cash or rehab loans only, indicating that substantial renovation and immediate investment are required.
The listing is sold strictly in 'as-is' condition with no seller credits, providing the buyer with no leverage for repairs or price adjustments following inspections.
Cash or rehab loans only due to condition. The HVAC, Garage Door and Water Heater are near new. Sold as is, no credits, offers reviewed 6/27. Good neighborhood that has good value for rents and resale.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.7 mi
Grades 7-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,175 | 1,777 |
| Lot Size | 5,100 | 6,600 |
| Price | $625.0K | $1.24M |
| Price per sq ft | $532 | $743 |
| Built year | 1973 | 1972 |
| HOA | $0 | $200 |
| Days on market | 35 | 39 |
Jun 17, 2026
$625,000
Initial Listing