RealKey
‪(213) 433-7766‬

3005 Olive St, San Diego, California 92104, San Diego, 92104 - 2 bed, 1 bath

3005 Olive St, San Diego, California 92104 home-pic-0
ACTIVE$1,449,900
3005 Olive St, San Diego, California 92104
2Beds
1Bath
924Sqft
4,257Lot

Price Vs. Estimate

The estimated value ($1,303,575.03) is $146,324.97 (10%) lower than the list price ($1,449,900). This property may be overpriced.

Key pros and cons

Top Pros:
Historic Charm & Modern Renovation: A tastefully renovated home originally built by renowned architect David O. Dryden, seamlessly blending historic character with modern luxury and designer finishes.
Top Cons:
Limited Living Space: With only 2 bedrooms and 1 bathroom across 924 sqft, the property offers relatively compact living quarters, which may not suit larger families or those desiring more extensive space.

Compared to the nearby listings

Price:$1.45M vs avg $1.20M (+$254,500)64%
Size:924 sqft vs avg 1,180.5 sqft34%
Price/sqft:$1.6K vs avg $98899%

More Insights

Built in 1924 (101 years old).
Condition: Despite being built in 1924, the property has undergone a complete and tasteful renovation, as explicitly stated in the description and evidenced by the images. The kitchen features high-end Thor appliances, custom cabinetry, designer finishes, and modern marble-look countertops/backsplash. The bathroom is elegantly updated with contemporary fixtures and tiling. Throughout the home, there is new light wood-look flooring, recessed lighting, and a modern ductless mini-split system for heating and cooling. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Year Built
1924
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$1,569
HOA
-
Days on market
-
Sold On
-
MLS number
250024308SD
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

A tastefully renovated home, originally built in 1924 by the prestigious and well known architect/ builder David O. Dryden, located in one of San Diego’s most desirable neighborhoods —right at the intersection of North Park, Burlingame, and South Park. Perched up on a corner lot with stunning views of downtown San Diego, this home seamlessly blends historic charm with modern luxury. The property has been completely reimagined, featuring a high-end chef’s kitchen equipped with premium Thor appliances, custom... cabinetry, and designer finishes throughout. Current owners are in the final stages of having approved plans to build 2 ADUs on the property, which can convey to the next buyer if they desire. Additionally, the home may also qualify for a historic designation, which could potentially significantly decrease your property taxes! A historical report has already been done. The home offers two bedrooms and one elegantly updated bathroom, with natural light pouring into every corner. The large backyard is ideal for entertaining or simply enjoying the San Diego sunshine. Whether you're looking for a forever home, a short-term rental, or a smart investment, this home checks every box. With a detached one-car garage, walkable access to top-rated restaurants, cafes, Morley field, Balboa Park, and endless potential, this is North Park living at its absolute finest.

Nearby schools

9/10
McKinley Elementary School
Public,•K-5•0.4mi
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•1.3mi
4/10
Cherokee Point Elementary School
Public,•K-5•1.3mi
4/10
Joyner Elementary School
Public,•K-5•1.6mi
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•1.6mi
3/10
Clark Middle School
Public,•6-8•1.7mi
5/10
Hoover High School
Public,•9-12•2.3mi
4/10
Crawford High School
Public,•9-12•3.3mi
Condition Rating
Excellent
Despite being built in 1924, the property has undergone a complete and tasteful renovation, as explicitly stated in the description and evidenced by the images. The kitchen features high-end Thor appliances, custom cabinetry, designer finishes, and modern marble-look countertops/backsplash. The bathroom is elegantly updated with contemporary fixtures and tiling. Throughout the home, there is new light wood-look flooring, recessed lighting, and a modern ductless mini-split system for heating and cooling. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Historic Charm & Modern Renovation: A tastefully renovated home originally built by renowned architect David O. Dryden, seamlessly blending historic character with modern luxury and designer finishes.
Prime, Walkable Location: Located in a highly desirable corner of North Park, Burlingame, and South Park, offering excellent walkability to top-rated restaurants, cafes, Morley Field, and Balboa Park.
Significant ADU Development Potential: Approved plans to build two Accessory Dwelling Units (ADUs) convey with the property, presenting substantial income generation or expanded living space opportunities.
Potential Property Tax Reduction: The home may qualify for historic designation, with a historical report already completed, potentially leading to significant property tax decreases.
Stunning Downtown Views: Perched on a corner lot, the property offers captivating views of downtown San Diego, enhancing its appeal and value.

Cons

Limited Living Space: With only 2 bedrooms and 1 bathroom across 924 sqft, the property offers relatively compact living quarters, which may not suit larger families or those desiring more extensive space.
Premium Price Point: The list price of $1.4499 million for 924 sqft represents a high price per square foot, potentially narrowing the pool of prospective buyers.
Detached Single-Car Garage: The presence of only a detached one-car garage may be inconvenient for multi-car households or those seeking direct home access from their vehicle.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state