
San Diego, California 92123
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,025,000—positioned above the $991,150 Fair Market Value by 3%. While the property requires modernization, the Condition Rating of 4 is offset by high-value upgrades including Owned Solar Panels and a functional Patio. The central Serra Mesa location and versatile four-bedroom layout provide a stable foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2578 Moonstone Subject | $1,025,000* List Price | 3 | 2 | 1,510 | $646 | - |
A 9466 Larrabee Avenue Sold | $1,060,000 | 3 | 2 | 1,297 | $817 | 0.3 mi |
B 9258 Rebecca Ave. Sold | $900,000 | 5 | 2 | 1,620 | $556 | 0.2 mi |
C 3141 Admiral Ave Sold | $855,000 | 3 | 2 | 1,300 | $658 | 0.7 mi |
D 2564 Marathon Dr Sold | $800,000 | 3 | 2 | 1,200 | $667 | 0.2 mi |
E 2546 Marathon Dr Sold | $910,000 | 3 | 2 | 1,396 | $652 | 0.2 mi |
F 9579 Larrabee Ave. Sold | $835,000 | 3 | 2 | 1,200 | $696 | 0.4 mi |
G 2735 Mission Village Dr Sold | $850,000 | 4 | 2 | 1,152 | $738 | 0.3 mi |
H 2581 Mammoth Drive Sold | $1,214,000 | 3 | 3 | 1,966 | $617 | 0.1 mi |
I 2461 Root Street Active | $1,099,000 List Price | 4 | 2 | 1,685 | $652 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property shows signs of aging with interior finishes, flooring, and fixtures that appear to be over 20 years old. While the addition of owned solar panels is a positive system upgrade and the home is functional, the overall aesthetic is dated and requires modernization in the living areas and likely the kitchen/baths to meet current market expectations.
The inclusion of owned solar panels provides significant long-term value and reduced utility costs, a highly sought-after feature in the San Diego market.
Situated in Serra Mesa, the property offers exceptional convenience with quick access to major freeways, beaches, and downtown San Diego.
The functional four-bedroom, single-story floor plan maximizes accessibility and flow, appealing to a wide demographic from first-time buyers to those looking to downsize.
Built in 1959, the home may require updates to its original infrastructure or systems to meet modern efficiency and aesthetic standards.
A rapid reduction from the original list price suggests the property may have been initially overvalued or is facing pressure in a competitive market segment.
Welcome to Serra Mesa living at its finest, This charming single-level 4 bedroom, 2 bath home offers the perfect combination of comfort, functionality, and timeless California charm. Filled with natural light, the thoughtfully designed layout features inviting living spaces, spacious bedrooms, and seamless flow for everyday living and entertaining. Step outside to a beautifully sized yard with mature fruit trees creating a peaceful garden setting, perfect for enjoying San Diego’s year-round weather. Owned solar panels add energy efficiency and long-term value, while the home’s central location places you just minutes from shopping, dining, beaches, major freeways, and everything San Diego has to offer. A rare opportunity to enjoy space, warmth, and convenience all in one of San Diego’s most centrally located neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,510 | 1,777 |
| Lot Size | - | 6,600 |
| Price | $1.02M | $1.24M |
| Price per sq ft | $679 | $743 |
| Built year | 1959 | 1972 |
| HOA | $0 | $200 |
| Days on market | 33 | 39 |
Jun 20, 2026
$1,025,000
Initial Listing
Jun 19, 2026
$1,048,000
Initial Listing