2343 Cecelia Ter, San Diego, California 92110, San Diego, 92110 - 3 bed, 1 bath
Loading property details...
San Diego, California 92110
This Shovel-Ready Development Asset is listed at $1,300,000, offering a strategic value-add opportunity in the desirable Bay Park neighborhood. While the $1,134,941 Fair Market Value reflects its current Condition Rating of 6, the property includes Approved Plans and Permits for a 2,241 sq ft home with Canyon Views. With contractor bids available under $265 per sq ft, this project bypasses municipal delays and provides a streamlined path to market. Located near the top-rated Bay Park Elementary School, this is an ideal acquisition for Developers or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2343 Cecelia Ter Subject | $1,300,000* List Price | 3 | 1 | 1,285 | $883 | - |
A 2001 Erie St Sold | $1,211,000 | 3 | 1 | 1,303 | $929 | 0.4 mi |
B 2747 Fairfield St Pending | $975,000 List Price | 4 | 1 | 1,302 | $749 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is over 70 years old and has been stripped to the studs, leaving it completely unlivable with no functional kitchen, bathrooms, or systems; it is being sold for land value and approved development plans.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8200, living area = 1285.
Elementary School: Bay Park Elementary School (9/10).
The property includes fully approved plans and permits for a 2,241 sq ft home, saving the buyer significant architectural costs and months of municipal processing time.
The structure has been stripped to the studs, meaning it cannot be occupied and will require specialized construction financing rather than a traditional residential mortgage.
Extremely limited showing windows and the requirement of a liability waiver indicate potential safety hazards and a complex due diligence process for interested parties.
Fantastic canyon view opportunity in the highly desirable Bay Park neighborhood. This property comes with approved plans and permits for a stunning 2,241 sq ft home featuring 3 bedrooms, 3.5 bathrooms, plus a versatile bonus room ideal for a guest suite, den, or office. Each bedroom is designed with its own en-suite bathroom for ultimate comfort and privacy. The seller has already taken the property down to the studs and invested in plans and permits—saving the new owner significant time and cost, ready to start building. Contractor bids are available indicating construction costs below $265 per sq ft, offering excellent value. Enjoy a quiet street setting and the chance to design your dream indoor/outdoor space with beautiful canyon views. Contact listing agent for details. ONLY SHOWING Sunday 4/19/26 12pm-2pm, must sign in and sign waiver to walk the property.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 1,285 | 1,644 | 26% |
| Lot Size | 8,200 | 6,250 | 82% |
| Price | $1.30M | $1.51M | 36% |
| Price per sq ft | $1.0K | $953 | 62% |
| Built year | 1951 | 1958 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 99 | 8% |
Apr 17, 2026
$1,300,000
Initial Listing
Nov 18, 2024
$1,255,000
Public Record