2950 Nutmeg St, San Diego, California 92104, San Diego, 92104 - 2 bed, 1 bath
ACTIVE$875,000
2950 Nutmeg St, San Diego, California 92104
2Beds
1Bath
720Sqft
5,000Lot
Price Vs. Estimate
The estimated value ($828,622.525) is $46,377.475 (5%) lower than the list price ($875,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: McKinley Elementary School (9/10).
Top Cons:
Requires Significant Renovation: Built in 1949, the description suggests the home needs to be 'reimagined' and updated to modern standards, implying substantial investment for renovation.
Compared to the nearby listings
Price:$875.0K vs avg $1.19M ($-310,800)20%
Size:720 sqft vs avg 1,180.5 sqft10%
Price/sqft:$1.2K vs avg $98886%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this property is over 70 years old and shows clear signs of significant deferred maintenance and outdated features. The kitchen, with its pink countertops and backsplash, and very old cabinets, appears to have had its last major update 30-50+ years ago, or is largely original. The visible light fixtures are dated, and the hardwood floors are worn and scratched, requiring refinishing. The description explicitly states the home is 'ready to be reimagined' and requires 'substantial investment for renovation,' aligning with the 'poor' condition criteria of needing substantial repairs and rehabilitation. While not explicitly stated as unsafe, the age and lack of modern updates suggest major systems (electrical, plumbing, HVAC) are likely at or past their expected lifespan and would require significant attention.
Year Built
1949
Close
-
List price
$875K
Original List price
$900K
Price/Sqft
$1,215
HOA
-
Days on market
-
Sold On
-
MLS number
250041275SD
Home ConditionPoor
Features
Good View:
Deck
View-
About this home
Tucked away on a quiet street on the outskirts of Burlingame and steps from Morley Field and Balboa Park, this 2-bedroom, 1-bath home offers a rare opportunity to create your own sanctuary in one of San Diego’s most desirable pockets. Set against a backdrop of peaceful views of Switzer Canyon, the property features a spacious deck—the perfect spot to enjoy morning coffee, unwind at sunset, or host intimate gatherings with friends. Inside, classic details and natural light set the stage for a home ready to be reimagined with your personal touch. Here, you’ll find the best of both worlds: a tranquil residential setting with plenty of on-street parking, all within walking distance to local cafes, trails, and the lively charm that defines North Park living. Bring your vision and make this inviting home your own slice of San Diego’s most beloved neighborhood.
Nearby schools
9/10
McKinley Elementary School
Public,•K-5•0.5mi
6/10
Jefferson Elementary School
Public,•K-5•0.9mi
7/10
Rowan Elementary School
Public,•K-5•1.2mi
7/10
Edison Elementary School
Public,•K-5•1.4mi
4/10
Cherokee Point Elementary School
Public,•K-5•1.4mi
4/10
Joyner Elementary School
Public,•K-5•1.7mi
8/10
Garfield Elementary School
Public,•K-5•1.7mi
8/10
Birney Elementary School
Public,•K-5•1.8mi
5/10
Adams Elementary School
Public,•K-5•2.0mi
5/10
Roosevelt International Middle School
Public,•6-8•1.1mi
4/10
Golden Hill K-8
Public,•K-8•1.1mi
4/10
Wilson Middle School
Public,•6-8•1.7mi
3/10
Clark Middle School
Public,•6-8•1.8mi
5/10
Hoover High School
Public,•9-12•2.4mi
4/10
Crawford High School
Public,•9-12•3.3mi
Condition Rating
Poor
Built in 1949, this property is over 70 years old and shows clear signs of significant deferred maintenance and outdated features. The kitchen, with its pink countertops and backsplash, and very old cabinets, appears to have had its last major update 30-50+ years ago, or is largely original. The visible light fixtures are dated, and the hardwood floors are worn and scratched, requiring refinishing. The description explicitly states the home is 'ready to be reimagined' and requires 'substantial investment for renovation,' aligning with the 'poor' condition criteria of needing substantial repairs and rehabilitation. While not explicitly stated as unsafe, the age and lack of modern updates suggest major systems (electrical, plumbing, HVAC) are likely at or past their expected lifespan and would require significant attention.
Pros & Cons
Pros
Great Schools: Elementary School: McKinley Elementary School (9/10).
Exceptional Location: Situated on a quiet street, steps from Morley Field and Balboa Park, offering a tranquil setting with excellent walkability to North Park's vibrant cafes and trails.
Scenic Canyon Views: Features peaceful views of Switzer Canyon, providing a serene backdrop and enhancing the property's appeal.
Desirable Outdoor Living: Includes a spacious deck, ideal for relaxation, entertaining, and enjoying the San Diego climate.
Ample Parking: Benefits from plenty of on-street parking in a residential area, a valuable asset in the North Park neighborhood.
Top-Rated School Proximity: Located within 0.5 miles of McKinley Elementary School, which boasts a high rating of 9, appealing to families.
Cons
Requires Significant Renovation: Built in 1949, the description suggests the home needs to be 'reimagined' and updated to modern standards, implying substantial investment for renovation.
Limited Interior Space: With only 720 sqft, the 2-bedroom, 1-bath layout offers compact living, which may not suit all buyer needs or preferences.
Potential Overpricing/Market Adjustment: The current list price is 7% above the estimated property value, and a recent price reduction indicates the initial pricing may have been too high, potentially signaling buyer resistance.