2749 Market Street, San Diego, California 92102, San Diego, 92102 - 2 bed, 2 bath
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2749 Market Street
San Diego, California 92102
ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
2Beds
2Baths
1,338Sq Ft
5,340Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$584,244
7% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $629,000—positioned well below the $583,072 Fair Market Value by -7%. Featuring a Condition Rating of 6, this Fixer-Upper Asset requires significant renovation, yet offers immense potential due to its CC-3-4 Zoning and Panoramic Skyline Views. The large 5,340 square foot lot provides a versatile canvas for mixed-use development. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Developers seeking to capitalize on San Diego’s urban growth.
Estimated Market Value
$584,244
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 |
|---|---|---|---|---|---|---|
★ 2749 Market Street Subject 2 bd · 2 ba · 1,338 sqft · $437 | $629,000* List Price | 2 | 2 | 1,338 | $437 | - |
A 242 22nd St Sold 4 bd · 3 ba · 1,680 sqft · $417 · 0.6 mi | $700,000 | 4 | 3 | 1,680 | $417 | 0.6 mi |
B 3280 Gillette Street Active 3 bd · 2 ba · 1,313 sqft · $609 · 0.8 mi | $800,000 List Price | 3 | 2 | 1,313 | $609 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Property is over 70 years old (built in 1950) with no recorded renovations. It is explicitly marketed as a cash-only fixer-upper with a heavy focus on its panoramic views and CC-3-4 zoning for mixed-use development, indicating the value lies primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Skyline Views
Situated on a bluff, the property offers rare and unobstructed panoramic views of the San Diego skyline, providing a premium feature that significantly enhances its long-term value.
- Development Potential
The 5,340 square foot lot is zoned CC-3-4, which permits mixed-use and residential development, offering a versatile opportunity for investors or developers to maximize the site's utility.
- Investment Value
With a recent price reduction from $700,000 to $629,000, the property is competitively priced for the San Diego market, especially considering its prime location and development upside.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
The property is a designated fixer-upper in poor condition, requiring a total overhaul or teardown, which necessitates a substantial additional capital investment.
- Financing Restrictions
The listing is restricted to cash offers only, which significantly limits the pool of potential buyers by excluding those who require traditional mortgage financing.
About 2749 Market Street
Opportunity knocks. This 2 bedroom, 2 bathroom fixer-upper sits on a bluff offering unobstructed panoramic views of the San Diego skyline. The house sits on a large 5,340 square foot lot, which is zoned CC-3-4 allowing for mixed use and residential development. Cash offers only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 5,340 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Kimbrough Elementary School
Grades K-5 • 0.2 mi
3/10
Sherman Elementary School
Grades K-5 • 0.6 mi
5/10
Burbank Elementary School
Grades K-5 • 0.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,338 | 1,752.269 |
| Lot Size | 5,340 | 6,446.159 |
| Price | $629.0K | $1.27M |
| Price per sq ft | $470 | $736 |
| Built year | 1918 | 1971 |
| HOA | $0 | $186 |
| Days on market | 73 | 41 |
Pricing History
Listed for Sale
Sep 4, 2026
$629,000
$700,000
-10% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$700,000
Initial Listing