223 31st, San Diego, California 92102, San Diego, 92102 - 2 bed, 1 bath
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223 31st
San Diego, California 92102
ACTIVE
CONDITION: POOR
2Beds
1Baths
746Sq Ft
3,390Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$479,014
6% BelowMARKET VALUE
SUMMARY
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 and a Condition Rating of 5, this asset requires a full renovation but provides significant upside for development or ADU expansion. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with substantial long-term growth potential in San Diego.
Estimated Market Value
$479,014+$30,014 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 31st Subject | $449,000* List Price | 2 | 1 | 746 | $642 | - |
A 3043 Market Street Pending | $575,000 List Price | 0 | 0 | 780 | $737 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property is boarded up, listed as a fixer opportunity being sold completely AS-IS, and explicitly requires a complete top-to-bottom rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable RM-3-7 Zoning
The property features highly sought-after RM-3-7 zoning, providing massive potential for multi-unit development, adding an ADU, or maximizing lot utility.
- Central San Diego Location
Situated in the heart of the 92102 zip code, the property offers excellent proximity to downtown San Diego and is located less than half a mile from Kimbrough Elementary School.
- High Investment Upside
Priced competitively for a detached home in San Diego, this property presents a prime opportunity for investors or flippers to build significant equity through renovation.
CONSRISKS & DEFICIENCIES
- As-Is Fixer Condition
The property is being sold completely as-is and requires a comprehensive, top-to-bottom rehabilitation, which will demand substantial immediate capital investment.
- Limited Existing Square Footage
With only 746 square feet of living area, 2 bedrooms, and 1 bathroom, the current structure is quite small and constrained for modern residential needs without expansion.
About 223 31st
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 3,390 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Kimbrough Elementary School
Grades K-5 • 0.3 mi
3/10
Rodriguez Elementary School
Grades K-5 • 0.7 mi
4/10
Burbank Elementary School
Grades K-5 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 746 | 1,777.941 |
| Lot Size | 3,390 | 6,474.445 |
| Price | $449.0K | $1.27M |
| Price per sq ft | $602 | $741 |
| Built year | 2008 | 1971 |
| HOA | $0 | $184 |
| Days on market | 23 | 40 |
Pricing History
Listed for Sale
Aug 17, 2026
$449,000
Initial Listing