2927 Governor Drive, San Diego, California 92122, San Diego, 92122 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$1,350,000
2927 Governor Drive, San Diego, California 92122
4Beds
2Baths
1,606Sqft
7,000Lot
Year Built
1962
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$841
HOA
-
Days on market
-
Sold On
-
MLS number
25619557
Home ConditionPoor
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.35M(17th), sqft - 1606(23th), beds - 4(50th), baths - 2(42th).
This one will not last long. This home, located in University City, is located on the quiet end of Governor Dr. Bring your contractors and imagination, as this home truly needs some TLC. The owner is highly motivated to sell and would like to close escrow before 2026.
Price History
Date
Event
Price
11/14/25
Listing
$1,350,000
06/17/02
Sold
$418,000
09/18/97
Sold
$212,500
Condition Rating
Poor
Built in 1962, this property is explicitly marketed as needing 'some TLC' and requiring 'contractors and imagination,' which is evident throughout the images. The interior shows severely damaged and dirty flooring (some stripped to subfloor), peeling paint, outdated light fixtures, and visible signs of neglect. While specific kitchen and bathroom details are limited, the glimpse of a bathroom reveals very dated fixtures, and the overall condition suggests these areas are in similar disrepair. The property requires substantial repairs and rehabilitation, making it uncomfortable or unsafe for immediate occupancy, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable University City neighborhood of San Diego, known for its amenities and community.
Quiet Residential Street: Located on the 'quiet end of Governor Dr.', offering a peaceful and desirable living environment away from heavy traffic.
Generous Lot Size: A substantial 7,000 sqft lot provides ample outdoor space for landscaping, potential expansion, or recreational use.
Significant Value-Add Potential: The property's current condition ('needs some TLC') presents a substantial opportunity for renovation, customization, and increased equity for a buyer.
Motivated Seller: The owner's high motivation to sell and desire to close escrow before 2026 may lead to favorable negotiation terms for a prospective buyer.
Cons
Extensive Renovation Required: The description explicitly states the home 'truly needs some TLC' and requires contractors and imagination, indicating significant investment in repairs and updates.
Older Construction: Built in 1962, the property likely features outdated systems, finishes, and potentially requires major structural or cosmetic overhauls to meet modern standards.
Lack of Desirable Views: The property detail specifies 'View: None,' which can be a disadvantage in a market where scenic views often command a premium and enhance property value.