2068 Front St, San Diego, California 92101, San Diego, 92101 - 4 bed, 4 bath
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San Diego, California 92101
This Stunning Victorian Residence is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,542,694 Fair Market Value by 9%. This valuation gap provides $147,694 in Instant Equity. Despite a Fair Condition Rating due to dated finishes and city violations, the property generated $248,000 in Airbnb income in 2024. Featuring Bay and City Views and a Corner R3-Zoned Lot, it offers massive ADU expansion potential. This is a premier acquisition for Short-Term Rental Investors or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2068 Front St Subject | $1,395,000* List Price | 4 | 4 | 2,036 | $758 | - |
A 2371 Brant St Sold | $1,360,000 | 3 | 2 | 1,608 | $846 | 0.2 mi |
B 2421 Brant Street Active | $1,530,000 List Price | 3 | 4 | 2,727 | $561 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property underwent an extensive rebuild in 2001, those updates are now over 20 years old, placing the home's condition in the 'Fair' category. The interior features dated styling, such as the vessel sink in the bathroom and older light fixtures. The presence of portable air conditioning units suggests a lack of modern central HVAC. Furthermore, the property has active city violations regarding unpermitted habitable spaces in the basement and garage that require remediation, indicating deferred regulatory maintenance and the need for minor to moderate repairs to bring the home up to current standards.
The property demonstrated exceptional investment performance with approximately $248,000 in Airbnb income for 2024, making it a highly lucrative opportunity for short-term rental investors.
Situated on a corner R3-zoned lot, the property offers significant potential for future multi-unit development or ADU expansion to maximize density and land value.
This stunning Victorian preserves its original period details and hardwood floors while benefiting from a complete 2001 rebuild of its plumbing, electrical, and framing systems.
The basement and garage areas have active city violations for unpermitted habitable use, requiring the removal of plumbing and electrical services and discontinuation of occupancy.
Located within the city's airport sound program, the property is subject to significant aircraft noise, though mitigated by city-installed soundproof windows.
Stunning Victorian in the heart of Bankers Hill with bay, water, and city views from the upper level. Extensively rebuilt to the studs (2001), plumbing, electrical & framing while preserving hardwood floors, pocket doors & period detail. Corner R3-zoned lot offers strong potential for future multi-unit or ADU expansion (buyer to verify). Basement & garage spaces were previously unpermitted living areas; City required removal of plumbing & electrical use and discontinuation of occupancy. They may be permitted for future ADU use through the City (buyer to verify). City-installed soundproof windows via airport program. Approx $248K Airbnb income in 2024. Offered at $1.650,000 M — priced below market for fast sale. See MLS Docs for City violation details and remediation status. Per City of San Diego code review, basement and garage areas were identified as unpermitted habitable spaces and required to discontinue plumbing & electrical service. Buyer may pursue permitting to re-establish as ADUs or accessory units (subject to City approval). Soundproof windows installed via City airport program (verified). Extensive 2001 rebuild plumbing, electrical & framing upgrades. All supporting documentation, permits and City correspondence are uploaded to MLS under “Documents.” Contact listing agent for updated remediation status and income records.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 4.0 | 2.0 | 67% |
| Square foot | 2,036 | 1,608 | 67% |
| Lot Size | 5,335 | 5,335 | 50% |
| Price | $1.40M | $1.36M | 67% |
| Price per sq ft | $685 | $779 | 33% |
| Built year | 2008 | 1947 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 102 | 33% |
Apr 2, 2026
$1,395,000
Initial Listing