
San Diego, California 92107
This property presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned well above the $1,013,424 Fair Market Value by -3%. Featuring a Condition Rating of 4, this 1927 coastal cottage offers significant sweat equity potential through cosmetic updates. Key assets include solar panels, two parking spaces, and a private front patio. Located near the 10/10 rated Ocean Beach Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to renovate a classic home in a prime beach community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2327 Etiwanda Street Subject | $1,050,000* List Price | 2 | 1 | 877 | $1,156 | - |
A 4351 Voltaire St Sold | $1,195,000 | 3 | 2 | 1,160 | $1,030 | 0.2 mi |
B 4546 Muir Ave Active | $1,240,000 List Price | 2 | 1 | 858 | $1,445 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, this property is a classic cosmetic fixer with significant age. While it features a recently upgraded bathroom and modern solar panels, the listing confirms the rest of the home is dated and requires 'sweat equity' and updates to the kitchen and primary living areas to meet modern standards.
Elementary School: Ocean Beach Elementary School (10/10).
Situated in the highly desirable Ocean Beach community, this property offers exceptional walkability to Voltaire Street's dining scene and easy bike access to Newport Avenue and the Pacific Ocean.
This 1927 cottage retains rare original charm, including a unique curved living room ceiling, offering a significant 'sweat equity' opportunity for buyers to add value through cosmetic renovations.
Marketed as a 'true cosmetic fixer,' the property will require immediate additional investment and labor to modernize the living spaces and realize its full market potential.
At just 877 square feet with only one bathroom, the compact footprint may limit appeal for families or buyers seeking more spacious interior accommodations.
Rare opportunity to own a charming coastal cottage in the heart of Ocean Beach with original character that is increasingly hard to find in today’s market. Full of warmth and personality, this home features timeless architectural details including a beautiful curved living room ceiling that enhances the classic cottage feel and gives the space a truly unique sense of charm. The property offers a functional layout with a private front patio and a good-sized backyard, creating multiple outdoor spaces to relax, entertain, or garden. Inside, the recently upgraded bathroom adds a modern touch, while the remainder of the home presents an excellent opportunity for the next owner to add their own style and build sweat equity. This is a true cosmetic fixer with incredible upside and character throughout. Additional features include solar, one garage parking space in a shared garage, plus an additional driveway parking space. The property is part of a cloud condo conversion with no HOA, offering a rare chance to enjoy detached coastal cottage living in one of San Diego’s most desirable beach communities, walking distance from Voltaire St restaurants, biking distance from Newport Ave shopping, and the ocean!
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades K-4 • 1.1 mi
Grades K-4 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 3.0 | 20% |
| Square foot | 877 | 1,861 | 13% |
| Lot Size | - | 7,000 | 11% |
| Price | $1.05M | $2.00M | 3% |
| Price per sq ft | $1.2K | $1.1K | 62% |
| Built year | 1927 | 1956 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 120 | 11% |
May 28, 2026
$1,050,000
Initial Listing