2129 31st St, San Diego, California 92104, San Diego, 92104 - 2 bed, 2 bath
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San Diego, California 92104
This High-Potential Investment Opportunity is a Designer-Renovated Single Family Residence listed at $1,265,000. While priced above the $1,158,981 Fair Market Value, the property offers significant upside through its rare five-car garage configuration, ideal for an ADU conversion. Featuring a Condition Rating of 2, the home includes paid-off solar and high-end finishes. Located in a walkable South Park neighborhood near the 9/10 rated McKinley Elementary, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value and expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2129 31st St Subject | $1,249,000* List Price | 2 | 2 | 900 | $1,282 | - |
A 3352 Redwood St. Sold | $1,090,000 | 2 | 2 | 927 | $1,176 | 0.7 mi |
B 3315 Gregory Sold | $1,280,000 | 2 | 1 | 1,091 | $1,173 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete, high-end designer renovation within the last 5 years. The kitchen and bathrooms feature modern cabinetry, stone countertops, and contemporary fixtures. The inclusion of paid-off solar and the mint condition of the interior finishes indicate no immediate maintenance is required.
Elementary School: McKinley Elementary School (9/10).
The rare five-car garage configuration with alley access provides an extraordinary opportunity for a high-value ADU conversion, workshop, or creative studio, offering significant upside in a high-demand neighborhood.
Situated in the heart of South Park, the property boasts a 'walker’s paradise' lifestyle, located just steps from iconic San Diego destinations like Buona Forchetta, Kindred, and Station Tavern.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 900, other record living area = 846. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The property was recently sold within the past year on 2025-11-05. The sold price is $725,000.00.
At a list price of $1,265,000 for 900 square feet, the property commands a significant premium that may be a hurdle for buyers prioritizing interior living volume over location and potential.
Welcome to 2129 31st Street. A craftsman inspired, design-forward home in the very heart of South Park, one of San Diego’s most beloved and tightly held neighborhoods. Completely renovated, this 2-bedroom, 2-bathroom residence blends thoughtful modern living with a deep respect for the home’s original craftsmanship. Every detail was curated in collaboration with a highly respected interior designer, restoring the character and soul of the home; floors, windows, kitchen cabinets, bathrooms, roof, paint, everything! The result is timeless, warm, and effortlessly cool…exactly what South Park does best. What truly sets this property apart is its extraordinary garage configuration—a rare four-car garage plus an additional side one-car garage with alley access. This opens the door to a massive ADU opportunity, workshop, creative studio, gym, or additional living space—something almost unheard of in this pocket. To help bring that vision to life, a conceptual layout and contractor estimate are available, giving buyers a clear path to expanding the property and maximizing its full potential from day one. Plus, paid off solar adds long-term efficiency and value. Step outside and you’re just seconds from the neighborhood’s most iconic spots—Buona Forchetta, Kindred, Station Tavern, and Target. Not just a renovation, it's elevated design, and in the heart of one of San Diego’s most walkable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-8 • 0.7 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 900 | 1,136 | 28% |
| Lot Size | 3,500 | 3,835.7 | 46% |
| Price | $1.25M | $1.15M | 59% |
| Price per sq ft | $1.4K | $1.0K | 97% |
| Built year | 1946 | 1935 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 123 | 16% |
May 31, 2026
$1,249,000
$1,265,000
-1% Price Drop
Initial Listing
May 11, 2026
$1,265,000
Initial Listing
Nov 5, 2025
$725,000
Public Record