2536 Montclair, San Diego, California 92104, San Diego, 92104 - 2 bed, 1 bath
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2536 Montclair
San Diego, California 92104
ACTIVE
CONDITION: POOR
2Beds
1Baths
855Sq Ft
8,150Lot Size
Property Price
LIST PRICE$1,199,990
EST. MARKET VALUE
$1,108,055
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,199,990—positioned above the $1,108,056 Fair Market Value. While the current structure holds a Condition Rating of 5, the rare 8,150 sq. ft. double lot with Rear Alley Access provides significant Development Potential for expansion or ADU construction. Located in a quiet North Park pocket near McKinley Elementary (9/10), this asset is tailored for those prioritizing land value over existing square footage. This is an ideal acquisition for Buy-and-Hold Investors or Developers seeking a strategic North Park project.
Estimated Market Value
$1,108,055
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 |
|---|---|---|---|---|---|---|
★ 2536 Montclair Subject | $1,199,990* List Price | 2 | 1 | 855 | $1,296 | - |
A 3580 Redwood Pending | $1,199,000 List Price | 3 | 2 | 1,168 | $1,027 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1937 with no evidence of recent renovations. The kitchen features extremely dated cabinetry, tiling, and appliances likely over 40 years old. The listing focuses on the land's development potential and sells the property 'as is,' indicating significant rehab is required for the structure.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8150, living area = 855.
- Great Schools
Elementary School: McKinley Elementary School (9/10).
- Development Potential
The property features a rare, flat double lot of over 8,000 sq. ft. with 90+ feet of buildable land behind the existing home, offering significant expansion or redevelopment opportunities in a high-demand area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8150, other record lot size in square feet = 7500.
- As-Is Condition
The property is being sold in 'as-is' condition, implying that the original 1937 structure likely requires substantial repairs, modernization, or a complete rebuild to meet current market standards.
- Limited Existing Living Space
With only 855 square feet of living space and a single bathroom, the current residence is undersized for the $1.2M price point, catering almost exclusively to developers rather than traditional end-users.
About 2536 Montclair
AMAZINGLY RARE OPPORTUNITY to own one of the few double lots in North Park with over 8,000 sq. ft. of completely buildable land. Lot dimensions have been hand measured twice. With a beautiful & historical 2 bedroom 1 bath home built in 1937, it is eager to be developed, with another 90+ feet of land behind the current home. Too many of these large lots, like the one down the street that just sold, have land that is worthless going down a slope. And this has a city alley behind the property that is accessed from Maple St. Located in a quiet residential neighborhood away from the noisy and high traffic area of the numbered streets. The property is being sold “as is, as disclosed.” Anything known that needs attention will be provided to you in writing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 8,150 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
McKinley Elementary School
Grades K-5 • 0.4 mi
9/10
Rowan Elementary School
Grades K-5 • 0.7 mi
7/10
Cherokee Point Elementary School
Grades K-5 • 1.1 mi
4/10
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 | 855 | 1,777.941 |
| Lot Size | 8,150 | 6,474.445 |
| Price | $1.20M | $1.27M |
| Price per sq ft | $1.4K | $741 |
| Built year | 1937 | 1971 |
| HOA | $0 | $184 |
| Days on market | 26 | 40 |
Pricing History
Listed for Sale
Aug 14, 2026
$1,199,990
Initial Listing