2445 47 A Street, San Diego, California 92102, San Diego, 92102 - 3 bed, 4 bath

2445 47 A Street, San Diego, California 92102 home-pic-0
ACTIVE$1,550,000
2445 47 A Street, San Diego, California 92102
3Beds
4Baths
2,557Sqft
6,954Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Development & Income Potential: The property offers significant development upside with potential for additional units, can be used as a duplex, and is ideal for owner-occupants seeking rental income or Airbnb potential.
Top Cons:
Age-Related Maintenance & Upgrades: Built in 1910, the property, despite its charm, may require ongoing maintenance and potential significant capital expenditures for older systems (plumbing, electrical, foundation) not explicitly detailed as fully modernized.

Compared to the nearby listings

Price:$1.55M vs avg $800.0K (+$750,000)94%
Size:2,557 sqft vs avg 1,268 sqft96%
Price/sqft:$606 vs avg $72338%

More Insights

Built in 1910 (115 years old).
Condition: Built in 1910, this property retains much of its original character with well-maintained hardwood floors and classic moldings. While major systems like HVAC (central heat/air in upper, mini-splits in lower) have been updated, the kitchens and bathrooms appear to have been renovated approximately 15-30 years ago. The kitchen features older white tile countertops and backsplash with a basic white gas range, alongside a newer stainless steel refrigerator. Bathrooms also show dated tile work and fixtures. The property is functional and move-in ready, but the wet areas would benefit from cosmetic updates to meet current aesthetic standards.
Year Built
1910
Close
-
List price
$1.55M
Original List price
$1.7M
Price/Sqft
$606
HOA
-
Days on market
-
Sold On
-
MLS number
250036588SD
Home ConditionFair
Features
View-

About this home

Variance granted Detached. Charming Golden Hill property with Development Upside Located in historic Golden Hill, this early 1900s property offers timeless character with grand rooms, original hardwood floors, and classic moldings. Set on an almost 7,000 SF lot with alley access, it presents a rare opportunity to enjoy as-is or expand with potential for additional units. Can be used as singe family or duplex as its arranged now. Ideal for an owner-occupant seeking rental income or Airbnb potential, with future development upside in a prime urban location just minutes from Downtown and Balboa Park. Upper unit has large front balcony with neighborhood views, features 2 bedrooms, 2 baths with extra room. Own washer/Drier, water heater, central heat and air. and 2+ parking spaces off alley. Lower unit is a 1 bedroom with additional room/office and 2 baths. Very grand living and dining area. Own washer/drier, water heater and mini splits with heat and air. 2+ parking spaces off alley. Located in one of San Diego’s most character-rich and centrally located neighborhoods, this home sits in vibrant Golden Hill, a community celebrated for its eclectic charm, walkability, and close-knit feel. Just minutes from Downtown, Balboa Park, Golden Hill Park and South Park, Golden Hill offers the perfect balance of city access and neighborhood comfort. Known for its tree-lined streets, early 20th-century architecture, and a growing number of independent coffee shops, art galleries, and craft eateries. It’s a hub for creatives and professionals alike, drawn to its historic appeal and urban convenience. The area borders Balboa Park’s southeast edge, giving residents easy access to museums, trails, and the world-famous San Diego Zoo. With easy access to freeways, trolley lines, and bike lanes, commuting from Golden Hill is a breeze.

Condition Rating
Fair

Built in 1910, this property retains much of its original character with well-maintained hardwood floors and classic moldings. While major systems like HVAC (central heat/air in upper, mini-splits in lower) have been updated, the kitchens and bathrooms appear to have been renovated approximately 15-30 years ago. The kitchen features older white tile countertops and backsplash with a basic white gas range, alongside a newer stainless steel refrigerator. Bathrooms also show dated tile work and fixtures. The property is functional and move-in ready, but the wet areas would benefit from cosmetic updates to meet current aesthetic standards.
Pros & Cons

Pros

Development & Income Potential: The property offers significant development upside with potential for additional units, can be used as a duplex, and is ideal for owner-occupants seeking rental income or Airbnb potential.
Prime Urban Location: Located in historic Golden Hill, minutes from Downtown, Balboa Park, and other attractions, offering excellent walkability, vibrant community amenities, and easy access to freeways and public transport.
Historic Charm & Character: An early 1900s property boasting timeless character with grand rooms, original hardwood floors, and classic moldings, appealing to those seeking historical architectural details.
Generous Lot Size & Alley Access: Set on an almost 7,000 SF lot with valuable alley access, providing ample space and convenient off-street parking for multiple vehicles for both units.
Dual Unit Configuration with Amenities: Configured as two distinct units, each with its own laundry, water heater, and HVAC (central A/C in upper, mini-splits in lower), offering immediate rental income or flexible living arrangements.

Cons

Age-Related Maintenance & Upgrades: Built in 1910, the property, despite its charm, may require ongoing maintenance and potential significant capital expenditures for older systems (plumbing, electrical, foundation) not explicitly detailed as fully modernized.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price of $1.7M to $1.55M, which could indicate an initial overvaluation or challenges in attracting buyers at previous price points.
Potential for Extensive Renovation: While offering 'timeless character' and the option to 'enjoy as-is,' maximizing the property's full potential or modernizing it to contemporary standards may necessitate substantial additional investment in renovations.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state