
San Diego, California 92113
Analysis of 220 Southlook Avenue, San Diego, California 92113 is currently available with a list price of $1,245,990. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property is in excellent condition, having been fully remodeled with a 2023 effective build date. It features a brand-new kitchen with modern cabinets and countertops, updated bathrooms with new vanities, and new LVP flooring throughout. Major systems have been completely updated, including a new roof, upgraded electrical panel, retrofit windows, and a new tankless water heater, leaving no deferred maintenance.
The property is a rare development opportunity with fully approved plans and paid city fees for four additional units, allowing construction to begin immediately without entitlement delays.
The existing 3-bedroom home is fully remodeled with high-end upgrades, including a new roof, tankless water heater, and modern interiors, providing immediate rental income.
Situated in the historic Logan Heights neighborhood, the property offers exceptional proximity to downtown San Diego, the Gaslamp Quarter, and Petco Park, ensuring high tenant demand.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6272.
The property was recently sold within the past year on 2025-04-25. The sold price is $835,000.00.
While the project is shovel-ready, the buyer will need significant additional capital and construction management expertise to complete the four planned units.
This property is more than a home—it’s a massive development opportunity. Already fully remodeled, the existing 3-bedroom, 2-bath detached home is currently rented, generating income. But the real value lies in the approved plans to build four additional 2-bedroom, 1-bath units—all city approvals are complete, fees paid, and the sale comes with everything you need to start construction immediately. It’s truly shovel-ready. Upgrades to the existing home include a new roof, upgraded electrical panel and meters, brand-new kitchen cabinets and bathroom vanities, new countertops, LVP flooring, updated doors, fresh interior/exterior paint, retrofit windows, new light fixtures and ceiling fans, new tankless water heater, and more. The exterior has been refreshed with new stucco, gates, landscaping, and exterior lighting. Located in Logan Heights, one of San Diego’s most historic and culturally rich neighborhoods, the property is just minutes from the Gaslamp Quarter, East Village, Petco Park, and all that downtown San Diego has to offer. This is a rare opportunity to own a fully renovated income property with immediate expansion potential—all approvals in place, all fees paid, and all plans included. Construction can start tomorrow.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,388 | 1,514.5 | 33% |
| Lot Size | 6,098.4 | 6,217.7 | 50% |
| Price | $1.25M | $865.0K | 83% |
| Price per sq ft | $898 | $490 | 83% |
| Built year | 2023 | 1954 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 120 | 17% |
Mar 17, 2026
$1,245,990
Initial Listing
Apr 25, 2025
$835,000
Public Record
Aug 13, 2024
$585,000
Public Record