2806 Mission Village Drive, San Diego, California 92123, San Diego, 92123 - 5 bed, 3 bath
ACTIVE$987,499
2806 Mission Village Drive, San Diego, California 92123
5Beds
3Baths
2,080Sqft
7,200Lot
Price Vs. Estimate
The estimated value ($987,499) is $0 (0%) lower than the list price ($987,499). This property may be overpriced.
Key pros and cons
Top Pros:
Spacious Layout & Lot Size: The property boasts a substantial 2080 sq/ft with 5 bedrooms and 3 bathrooms, situated on a generous 7,200 sq/ft corner lot, offering ample living space and enhanced privacy.
Top Cons:
Extensive Renovation Required: The property 'needs TLC' and retains many original features from its 1960 build, indicating substantial renovation costs and effort will be necessary to update it.
Compared to the nearby listings
Price:$987.5K vs avg $1.04M ($-47,837)36%
Size:2,080 sqft vs avg 1,502.5 sqft86%
Price/sqft:$475 vs avg $6813%
More Insights
Built in 1960 (65 years old).
Condition: The property, built in 1960, is explicitly described as needing 'TLC' with 'lots of what is here is original.' The images confirm this, particularly the kitchen which features severely outdated wood paneling, old built-in appliances, and worn countertops. Flooring appears to be old carpet and possibly concrete/linoleum. Given its age and lack of apparent major renovations, major systems (electrical, plumbing, HVAC) are likely original and require substantial repairs and rehabilitation to meet modern safety and comfort standards, aligning with the 'Poor' condition criteria.
Year Built
1960
Close
-
List price
$987K
Original List price
$1.2M
Price/Sqft
$475
HOA
-
Days on market
-
Sold On
-
MLS number
250035787SD
Home ConditionPoor
Features
Patio
View-
About this home
Large home with approx. 2080 sq/ft. with original 5 bedrooms and 2.5 bathrooms. Generous lot size of approx. 7,200 sq/ft. Property needs TLC, lots of what is here is original. Formerly a rental property located in the heart of beautiful Serra Mesa. Great potential for investors or for buyers who have a creative mind to turn this into their dream home. Bring in your offers. Corner lot centrally located with easy access to freeways, Snapdragon Stadium, shopping malls and great schools.
Condition Rating
Poor
The property, built in 1960, is explicitly described as needing 'TLC' with 'lots of what is here is original.' The images confirm this, particularly the kitchen which features severely outdated wood paneling, old built-in appliances, and worn countertops. Flooring appears to be old carpet and possibly concrete/linoleum. Given its age and lack of apparent major renovations, major systems (electrical, plumbing, HVAC) are likely original and require substantial repairs and rehabilitation to meet modern safety and comfort standards, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Spacious Layout & Lot Size: The property boasts a substantial 2080 sq/ft with 5 bedrooms and 3 bathrooms, situated on a generous 7,200 sq/ft corner lot, offering ample living space and enhanced privacy.
Strategic Central Location: Centrally located in Serra Mesa, providing excellent accessibility to major freeways, Snapdragon Stadium, diverse shopping centers, and highly-rated schools.
Significant Value-Add Opportunity: Described as having 'great potential for investors or for buyers who have a creative mind,' this property offers a strong opportunity for customization and modernization to maximize future equity.
Attractive Price Adjustment: A notable price reduction from the original $1.2 million to $987,499 positions the property as a more competitive and appealing investment opportunity.
High Bedroom Count: The original 5-bedroom configuration is a significant asset, catering to larger families or offering versatile options for home offices and guest accommodations.
Cons
Extensive Renovation Required: The property 'needs TLC' and retains many original features from its 1960 build, indicating substantial renovation costs and effort will be necessary to update it.
Potential for Deferred Maintenance: As a former rental property, there is an increased likelihood of deferred maintenance and wear and tear, which could lead to unexpected repair expenses for the new owner.
Outdated Systems & Aesthetics: Built in 1960, the home likely features original and outdated major systems (electrical, plumbing, HVAC) and interior finishes, requiring significant upgrades to meet modern standards.