
San Diego, California 92107
This versatile coastal property is a Strong Value Opportunity, listed at $1,380,000—positioned well below the $1,529,756 Fair Market Value by 9%. This valuation gap provides $149,756 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features modern interior updates, city views, and a spacious deck. The massive 10,500 Sq. Ft. Lot offers rare ADU potential within a premier district featuring Top-Rated Schools like Ocean Beach Elementary (10/10). This is an ideal acquisition for Owner-Occupants seeking a lifestyle sanctuary or Savvy Investors looking to maximize land utilization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1880 Catalina Blvd Subject | $1,380,000* List Price | 3 | 2 | 1,062 | $1,440 | - |
A 3714 Nimitz Blvd. Sold | $1,362,200 | 2 | 2 | 1,215 | $1,121 | 0.4 mi |
B 3777 Poe Street Sold | $1,550,000 | 3 | 2 | 1,126 | $1,377 | 0.3 mi |
C 1712 Froude Sold | $1,750,000 | 3 | 2 | 1,364 | $1,283 | 0.5 mi |
D 4303 Del Mar Avenue Sold | $1,525,000 | 2 | 2 | 1,314 | $1,161 | 0.4 mi |
E 1772 Redondo Street Active | $1,542,000 List Price | 3 | 1 | 1,066 | $1,447 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant modern updates that contrast its 1953 build date. The interior features contemporary wide-plank flooring, updated recessed lighting, and modern ceiling fans. The kitchen has been modernized with dark cabinetry, a stylish backsplash, and stainless steel appliances. While the home retains its original mid-century footprint, the finishes—including paint, window treatments, and the large outdoor deck—appear well-maintained and updated within the last 5 to 15 years, meeting the criteria for a 'good' condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10500, living area = 1062.
Elementary School: Ocean Beach Elementary School (10/10).
The oversized 10,500 sqft lot is a rare find in Point Loma, offering ample space for expansion or the addition of an ADU for rental income or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1062, other record living area = 952.
With only 1,062 square feet of living space, the $1.38M price tag represents a high cost per square foot, which may be a hurdle for buyers seeking move-in ready interior volume.
Built in 1953, the home likely requires modernization of its original systems and finishes to align with the luxury standards of the surrounding community.
Rare opportunity to own a large lot property in the highly sought-after Point Loma community! Priced at $1,380,000, this charming home offers both comfort and exceptional potential for expansion, including the possibility of an ADU for multi-generational living or added income. The home features a warm, inviting layout with a spacious deck off the living room, perfect for indoor- outdoor living. A sunroom adjacent to the primary bedroom provides an ideal space for a home office or private retreat. The expansive backyard includes a patio area, multiple mature fruit trees, and a rare hillside lot with beautiful city views. Fully fenced to the top of the hill, the property offers privacy, space, and endless possibilities. Conveniently located near shopping, dining, and local amenities, this is a unique chance to own a versatile property in one of San Diego's most desirable coastal neighborhoods. Don't miss this opportunity!
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades K-4 • 0.7 mi
Grades K-4 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,062 | 1,955 | 13% |
| Lot Size | 10,500 | 7,000 | 89% |
| Price | $1.38M | $1.87M | 15% |
| Price per sq ft | $1.3K | $1.1K | 77% |
| Built year | 1953 | 1955 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 140 | 10% |
Apr 11, 2026
$1,380,000
Initial Listing
May 9, 2019
$808,000
Public Record