2573 Raymell Dr., San Diego, California 92123, San Diego, 92123 - 3 bed, 2 bath
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2573 Raymell Dr.
San Diego, California 92123
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,100Sq Ft
8,300Lot Size
Property Price
LIST PRICE$919,000
EST. MARKET VALUE
$939,000
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $939,000—positioned well below the $964,645 Fair Market Value by 2%. This valuation gap offers $25,645 in Instant Equity for the buyer. Featuring a 2025 comprehensive refresh and an Excellent Condition Rating, the home includes a permitted electrical panel upgrade, quartz kitchen countertops, and a spacious 8,300sqft lot. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home in central San Diego.
Estimated Market Value
$939,000
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 |
|---|---|---|---|---|---|---|
★ 2573 Raymell Dr. Subject 3 bd · 2 ba · 1,100 sqft · $854 | $919,000* List Price | 3 | 2 | 1,100 | $854 | - |
A 9135 Hector Sold 3 bd · 2 ba · 1,200 sqft · $838 · 0.3 mi | $1,005,000 | 3 | 2 | 1,200 | $838 | 0.3 mi |
B 2615 Kim Pl. Sold 3 bd · 2 ba · 1,108 sqft · $916 · 0.5 mi | $1,015,000 | 3 | 2 | 1,108 | $916 | 0.5 mi |
C 3041 Masters Place Sold 3 bd · 2 ba · 1,056 sqft · $885 · 0.7 mi | $935,000 | 3 | 2 | 1,056 | $885 | 0.7 mi |
D 2649 Palace Sold 3 bd · 2 ba · 1,200 sqft · $777 · 0.4 mi | $932,500 | 3 | 2 | 1,200 | $777 | 0.4 mi |
E 2564 Marathon Sold 3 bd · 2 ba · 1,200 sqft · $908 · 0.2 mi | $1,090,000 | 3 | 2 | 1,200 | $908 | 0.2 mi |
F 9563 Larrabee Ave. Sold 3 bd · 2 ba · 1,108 sqft · $826 · 0.4 mi | $915,000 | 3 | 2 | 1,108 | $826 | 0.4 mi |
G 2686 Root Sold 3 bd · 2 ba · 1,234 sqft · $843 · 0.9 mi | $1,040,000 | 3 | 2 | 1,234 | $843 | 0.9 mi |
H 2626 Marathon Dr Active 3 bd · 2 ba · 1,053 sqft · $902 · 0.3 mi | $949,900 List Price | 3 | 2 | 1,053 | $902 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive 2025 refresh including new quartz countertops, appliances, vinyl flooring, and interior/exterior paint. Critical systems are updated with a 2025 permitted electrical panel, newer furnace, and water heater, meeting the criteria for a recent renovation with no maintenance required.
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 = 8300, living area = 1100.
- Recent Modern Updates
The home features a comprehensive 2025 refresh, including new interior and exterior paint, quartz countertops, and vinyl flooring, offering a move-in-ready experience for buyers.
- Expansive Lot Size
The impressive 8,300 sqft lot provides significant outdoor space for entertaining, gardening, or potential future expansion, which is a rare and valuable asset in this central San Diego location.
CONSRISKS & DEFICIENCIES
- Compact Interior Footprint
At approximately 1,100 sqft for a three-bedroom layout, the interior living space is relatively small, which may feel restrictive for larger families or those needing extra storage.
- Absence of Central Cooling
While the heating system has been updated, the property lacks a central air conditioning system, which could be a drawback for comfort during San Diego's warmer summer months.
About 2573 Raymell Dr.
Welcome to 2573 Raymell Dr., a thoughtfully updated 3-bedroom, 2-bath home with approximately 1,100sqft of living space and an impressive 8,300sqft lot in the heart of Serra Mesa. Inside, vaulted ceilings and an open floor plan give the main living space an airy feel, while recessed lighting and a fireplace add warmth and character. The home has had a number of updates over the years, including a 2025 refresh with interior and exterior paint, newer vinyl flooring, quartz kitchen countertops, freshly painted cabinetry, newer appliances, and a refreshed primary bath. Beyond the cosmetic updates, the home offers several practical improvements, including newer furnaces and thermostat, a permitted electrical panel upgrade completed in 2025, newer water heater, and a new garage door and motor. The attached 2-car garage also includes washer and dryer hookups. The backyard is where this property really stands out. The large, usable lot offers a covered patio, dedicated herb garden, side dog run, and plenty of open space to entertain, garden, play, or simply enjoy San Diego’s indoor-outdoor lifestyle. With room to make the outdoor space your own, there’s plenty of opportunity to create something special. This home offers a combination that is hard to find!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 8,300 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,100 | 1,752.269 |
| Lot Size | 8,300 | 6,446.159 |
| Price | $919.0K | $1.27M |
| Price per sq ft | $835 | $736 |
| Built year | 1960 | 1971 |
| HOA | $0 | $186 |
| Days on market | 38 | 41 |
Pricing History
Listed for Sale
Oct 17, 2026
$919,000
$939,000
-2% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$939,000
Initial Listing