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
CONDITION: TEAR DOWN
2Beds
2Baths
1,338Sq Ft
5,340Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$683,479
7% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $700,000—positioned well below the $751,213 Fair Market Value by 6%. This valuation gap offers $51,213 in Instant Equity for buyers. Featuring a Fair Condition Rating and CC-3-4 Mixed-Use Zoning, the asset offers significant development potential and Panoramic Skyline Views. Given the cash-only requirement and necessary renovations, this is a high-reward acquisition ideal for Real Estate Developers or Fix-and-Flip Investors.
Estimated Market Value
$683,479+$54,479 Equity Potential
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 | $629,000* List Price | 2 | 2 | 1,338 | $511 | - |
A 3280 Gillette Street Active | $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.
Built in 1950 (76 years old) with no evidence of recent renovations, this property is explicitly marketed as a 'fixer-upper' for 'cash offers only.' The listing focuses on the land value, panoramic views, and CC-3-4 mixed-use zoning potential rather than the condition of the dwelling, which meets the criteria for a tear-down based on age and development focus.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Skyline Views
Situated on a bluff, the property offers unobstructed, breathtaking views of the San Diego skyline, providing significant long-term value and aesthetic appeal.
- Development Potential
The CC-3-4 zoning allows for both mixed-use and residential development, offering versatile opportunities for investors to maximize the utility of the 5,340 sqft lot.
- Prime Bluff-Top Location
Located in the 92102 area near downtown San Diego, this property combines a central urban location with the unique privacy and prestige of a bluff-top position.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
As a designated fixer-upper built in 1950, the residence requires substantial capital investment for repairs or a complete rebuild to reach its full potential.
- Cash-Only Requirement
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
- 1950
- 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 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,338 | 1,777.941 |
| Lot Size | 5,340 | 6,474.445 |
| Price | $629.0K | $1.27M |
| Price per sq ft | $470 | $741 |
| Built year | 1950 | 1971 |
| HOA | $0 | $184 |
| Days on market | 27 | 40 |
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