
San Diego, California 92113
This property presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned well below the $699,608 Fair Market Value by 3%. This valuation gap offers $24,608 in Instant Equity. Featuring a 4-bedroom, 2-bathroom layout on a 5,946 sqft lot with RM 1-1 Zoning, the home offers significant expansion potential. With a Condition Rating of 4, the property requires cosmetic updates, making it an ideal value-add asset for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1916 S 43rd St Subject | $675,000* List Price | 4 | 2 | 1,274 | $549 | - |
A 4176 Epsilon Street Sold | $700,000 | 3 | 1 | 1,026 | $682 | 0.2 mi |
B 4777 Crooked Creek Ct. Sold | $725,000 | 3 | 2 | 1,200 | $604 | 0.9 mi |
C 4162 Delta St Sold | $625,000 | 5 | 2 | 1,430 | $437 | 0.2 mi |
D 1322 S 49th Street Sold | $571,000 | 3 | 2 | 1,050 | $544 | 0.9 mi |
E 956 S 45th St Sold | $705,000 | 3 | 2 | 1,115 | $632 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property features highly dated interior finishes, particularly in the bathroom which shows 30+ year old tiling and fixtures. While the home is functional and currently tenant-occupied, its age and lack of recent renovations suggest it needs significant cosmetic updates and likely system overhauls to meet modern standards.
The property features a generous 5,946 square foot lot with RM 1-1 zoning, providing significant opportunities for expansion or the addition of an accessory dwelling unit (ADU).
Ideally situated minutes from Downtown San Diego with immediate access to I-5, I-805, and SR-94, offering exceptional connectivity for commuters and proximity to urban amenities.
Currently tenant-occupied on a month-to-month lease, this property offers a turnkey opportunity for investors to generate cash flow from day one.
Built in 1954, the home may require updates to major systems or cosmetic renovations to meet modern standards and maximize its long-term value.
The current tenant-occupied status may present challenges for owner-occupants seeking immediate possession or buyers requiring flexible viewing schedules.
Welcome to 1916 S 43rd Street, a charming 4-bedroom, 2-bathroom home offering 1,274 square feet of living space on a generous 5,946 square foot lot in San Diego's centrally located Shelltown neighborhood. Currently tenant occupied on a month-to-month lease, this property presents an excellent opportunity for investors seeking immediate rental income or future owner-occupants looking to make it their own. The home features a functional floor plan, a detached one-car garage, and a spacious backyard with plenty of room to entertain or expand utilizing the lot's underlying zoning of RM 1-1. Ideally situated just minutes from Downtown San Diego, the property offers convenient access to Interstate 5, Interstate 805, and State Route 94, making commuting throughout the county a breeze. Enjoy close proximity to shopping centers, local restaurants, parks, schools, and nearby neighborhoods such as Logan Heights, National City, and East Village. Whether you're looking for everyday conveniences or quick access to San Diego's vibrant dining, entertainment, and waterfront attractions, this location delivers.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,274 | 1,777 |
| Lot Size | 5,946 | 6,600 |
| Price | $675.0K | $1.24M |
| Price per sq ft | $530 | $743 |
| Built year | 1954 | 1972 |
| HOA | $0 | $200 |
| Days on market | 13 | 39 |
Jul 9, 2026
$675,000
Initial Listing
Sep 11, 2008
$122,500
Public Record