
San Diego, California 92105
This property presents a Strong Value Opportunity, listed at $675,000—positioned well above the $617,366 Fair Market Value by -9%. While the home requires modernization given its Condition Rating of 4, it features a spacious, fully fenced backyard and a shaded paver stone patio. Located just 2 miles from Balboa Park, the home offers a central lifestyle near major employment hubs. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to add value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2531 Ridge View Subject | $674,990* List Price | 2 | 1 | 816 | $761 | - |
A 4779 Castle Avenue Sold | $500,000 | 2 | 1 | 742 | $674 | 0.9 mi |
B 3741 47th Street Sold | $690,000 | 2 | 1 | 924 | $747 | 1.0 mi |
C 5252 Pirotte Drive Sold | $740,000 | 3 | 1 | 972 | $761 | 0.6 mi |
D 5251 Laurel Sold | $740,000 | 3 | 1 | 1,040 | $712 | 0.6 mi |
E 3255 Menlo Pending | $595,000 List Price | 2 | 1 | 783 | $760 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this property is nearly 70 years old. While the description mentions tile and hardwood flooring, the lack of a documented recent major renovation (within the last 15 years) to the kitchen, bathrooms, or core systems like HVAC and electric suggests the home is dated and requires modernization to meet current standards.
The property features a spacious, fully fenced and walled backyard with a large shaded paver stone patio, offering exceptional privacy and a versatile space for outdoor entertaining and relaxation.
Conveniently situated just 2 miles from Balboa Park and minutes from Downtown and Mission Valley, this home provides easy access to San Diego's top dining, sports, and cultural hubs.
The interior is well-maintained with a mix of durable tile flooring in high-traffic areas and classic hardwood in the bedrooms, all complemented by custom paint throughout.
At only 816 square feet with a 2-bedroom, 1-bathroom configuration, the compact living space may be a constraint for growing families or those requiring a home office.
The local assigned schools have ratings ranging from 2 to 6, which may be a consideration for buyers prioritizing high-performing educational districts.
Home features tile flooring in the living room, kitchen, and bath, complemented by custom paint throughout, with hardwood flooring in the bedrooms. The standout feature is the spacious, fully fenced and walled backyard offering exceptional privacy. Ideal setting for relaxing, entertaining, outdoor dining, gardening, or creating your own private retreat. A large shaded paver stone patio, partially covered for year-round enjoyment, adds even more versatility to the outdoor living space. Conveniently located just minutes from Downtown, Mission Valley, and Petco Park, and only 2 miles from Balboa Park.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 816 | 1,254 | 17% |
| Lot Size | 5,000 | 5,489 | 42% |
| Price | $675.0K | $740.0K | 26% |
| Price per sq ft | $827 | $641 | 84% |
| Built year | 1955 | 1954 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 114 | 11% |
Jun 5, 2026
$674,990
$675,000
+0% Price Increase
Initial Listing
May 19, 2026
$675,000
Initial Listing
Sep 16, 2002
$240,000
Public Record