
San Diego, California 92123
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $995,000—positioned slightly above the $985,112 Fair Market Value. While the home requires cosmetic modernization, its Condition Rating of 4 is bolstered by Owned Solar Panels and a spacious yard with mature fruit trees. The central Serra Mesa location provides excellent commuter access, offering a solid 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 interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2578 Moonstone Subject 3 bd · 2 ba · 1,510 sqft · $631 | $959,999* List Price | 3 | 2 | 1,510 | $631 | - |
A 2618 Larkin Pl. Sold 4 bd · 3 ba · 1,524 sqft · $656 · 0.6 mi | $999,000 | 4 | 3 | 1,524 | $656 | 0.6 mi |
B 9639 Stonecrest Blvd Sold 3 bd · 3 ba · 1,579 sqft · $532 · 0.8 mi | $840,000 | 3 | 3 | 1,579 | $532 | 0.8 mi |
C 9466 Larrabee Avenue Sold 3 bd · 2 ba · 1,297 sqft · $817 · 0.3 mi | $1,060,000 | 3 | 2 | 1,297 | $817 | 0.3 mi |
D 3141 Admiral Ave Sold 3 bd · 2 ba · 1,300 sqft · $658 · 0.7 mi | $855,000 | 3 | 2 | 1,300 | $658 | 0.7 mi |
E 9727 Stonecrest Blvd Sold 2 bd · 3 ba · 1,411 sqft · $617 · 0.9 mi | $870,000 | 2 | 3 | 1,411 | $617 | 0.9 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 2564 Marathon Dr Sold 3 bd · 2 ba · 1,200 sqft · $667 · 0.2 mi | $800,000 | 3 | 2 | 1,200 | $667 | 0.2 mi |
H 2982 Admiral Ave Pending 3 bd · 2 ba · 1,550 sqft · $606 · 0.6 mi | $939,900 List Price | 3 | 2 | 1,550 | $606 | 0.6 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, such as the tile flooring and ceiling treatments, appearing to be 20+ years old. While well-maintained and featuring modern solar panels, the home is dated and requires cosmetic updates to the kitchen and living areas to meet modern standards.
The inclusion of owned solar panels provides significant long-term value and energy efficiency, a highly sought-after feature in the San Diego market.
Situated in the heart of Serra Mesa, the property offers unparalleled convenience with quick access to major freeways, beaches, and downtown San Diego.
The generously sized yard features mature fruit trees and a peaceful garden setting, perfectly capturing the quintessential California indoor-outdoor lifestyle.
Built in 1959, the home may require capital investment to modernize original systems or aesthetic finishes to meet contemporary luxury standards.
At nearly $1,000,000 for 1,510 square feet, the property commands a high price-per-square-foot that may challenge buyers looking for more interior volume.
Welcome to Serra Mesa living at its finest, This charming single-level 3 bedroom, Large optional room, 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 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,510 | 1,752.269 |
| Lot Size | - | 6,446.159 |
| Price | $960.0K | $1.27M |
| Price per sq ft | $636 | $736 |
| Built year | 1959 | 1971 |
| HOA | $0 | $186 |
| Days on market | 34 | 41 |
Oct 24, 2026
$959,999
$988,000
-3% Price Drop
Initial Listing
Oct 20, 2026
$988,000
$995,000
-1% Price Drop
Initial Listing
Sep 21, 2026
$995,000
Initial Listing