2971 Imperial Avenue, San Diego, California 92102, San Diego, 92102 - 3 bed, 3 bath
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2971 Imperial Avenue
San Diego, California 92102
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,775Sq Ft
5,583Lot Size
Property Price
LIST PRICE$1,080,000
EST. MARKET VALUE
$1,127,424
4% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a versatile mixed-use asset listed at $1,080,000—positioned well below the $1,127,424 Fair Market Value by 4%. This valuation gap provides $47,424 in Instant Equity. Featuring a Mint Condition Rating with a remodeled 3BR residence and a separate 700 SF commercial building, the property offers rare parking for 6+ vehicles and a newly built covered patio. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible live/work setup.
Estimated Market Value
$1,127,424+$47,424 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 |
|---|---|---|---|---|---|---|
★ 2971 Imperial Avenue Subject 3 bd · 3 ba · 1,775 sqft · $635 | $1,080,000* List Price | 3 | 3 | 1,775 | $635 | - |
A 3060 G Sold 2 bd · 3 ba · 1,438 sqft · $602 · 0.5 mi | $865,000 | 2 | 3 | 1,438 | $602 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel with high-end finishes. The kitchen and bathrooms feature modern cabinetry, fixtures, and tiling. Visible mini-split HVAC systems indicate updated climate control, and the addition of a newly built covered patio and gated driveway confirms the home is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Mixed-Use Potential
The property features a remodeled 3BR residence plus a separate 700 SF commercial building, providing exceptional flexibility for live/work setups or multiple income streams.
- Superior Parking Capacity
With a new gated driveway, alley access, and space for over 6 vehicles, the property offers rare and extensive parking for an urban San Diego location.
- Modern Residential Upgrades
The detached 1,050 SF home has been fully remodeled with high-end finishes, ensuring immediate occupancy and reduced maintenance costs for the buyer.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-10-23. The sold price is $371,000.00.
- Underperforming School District
The property is served by local schools with relatively low ratings, which could impact long-term resale value for families with school-aged children.
- High-Traffic Location
Fronting a busy commercial thoroughfare like Imperial Avenue may lead to increased noise and reduced privacy, potentially deterring buyers seeking a quiet residential atmosphere.
About 2971 Imperial Avenue
Rare mixed-use investment opportunity on Imperial Ave!• Beautifully remodeled approx. 1,050 SF detached 3BR/2.5BA residence with higher-end finishes. • Separate approx. 700 SF commercial building fronting Imperial Ave. • Large newly built covered patio.• New gated driveway with alley access and parking for 6+ vehicles.• Excellent owner-user, live/work or income opportunity.• Significant long-term redevelopment potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 0
- Lot Size
- 5,583 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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
Burbank Elementary School
Grades K-5 • 0.6 mi
3/10
Rodriguez Elementary School
Grades K-5 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,775 | 1,752.269 |
| Lot Size | 5,583 | 6,446.159 |
| Price | $1.08M | $1.27M |
| Price per sq ft | $608 | $736 |
| Built year | 0 | 1971 |
| HOA | $0 | $186 |
| Days on market | 16 | 41 |
Pricing History
Listed for Sale
Oct 9, 2026
$1,080,000
Initial Listing
Sold
Oct 23, 2025
$371,000
Public Record