223 31st, San Diego, California 92102, San Diego, 92102 - 2 bed, 1 bath
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San Diego, California 92102
This property presents a Strong Value Opportunity with a List Price of $449,000—positioned well below the $479,014 Fair Market Value by 6%. This valuation gap offers $30,014 in Instant Equity for buyers. Featuring RM-3-7 Zoning on a 3,398 sq ft lot, the asset provides significant development potential for an ADU or full-scale renovation. Given the Condition Rating of 5, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a central San Diego location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 31st Subject | $449,000* List Price | 2 | 1 | 746 | $642 | - |
A 3043 Market Street Active | $575,000 List Price | 0 | 0 | 780 | $737 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the 2008 build date is relatively recent, the listing explicitly describes the property as an 'extreme fixer' requiring a 'top-to-bottom rehab.' The visual evidence shows severe neglect and hoarding conditions, indicating that the kitchen, baths, and systems likely require full replacement to be functional.
The property features highly desirable RM-3-7 zoning on a 3,398 sq ft lot, offering significant opportunities for high-density development or the addition of an ADU.
Situated in the heart of the 92102 zip code, this central San Diego location ensures strong demand for future tenants or buyers following a renovation.
Listed at $449,000, this detached home provides a rare, low-cost entry point for investors and flippers looking to capitalize on the San Diego real estate market.
The property is being sold in strictly as-is condition and requires a complete top-to-bottom rehabilitation, necessitating a substantial budget for repairs.
With only 746 square feet of living space, the current 2-bedroom, 1-bathroom structure offers very limited utility and appeal for modern families without a major expansion.
ATTENTION INVESTORS, BUILDERS & FLIPPERS! Extreme fixer opportunity in the heart of San Diego (92102). This detached 2-bed, 1-bath property sits on a 3,398 sq ft lot with highly desirable RM-3-7 zoning, offering massive potential for development, an ADU addition, or a complete top-to-bottom rehab. Property is being sold completely AS-IS.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 746 | 1,777 |
| Lot Size | 3,390 | 6,600 |
| Price | $449.0K | $1.24M |
| Price per sq ft | $602 | $743 |
| Built year | 2008 | 1972 |
| HOA | $0 | $200 |
| Days on market | 27 | 39 |
Jun 25, 2026
$449,000
Initial Listing