3106 Menlo Ave., San Diego, California 92105, San Diego, 92105 - 2 bed, 1 bath
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3106 Menlo Ave.
San Diego, California 92105
ACTIVE
CONDITION: POOR
2Beds
1Baths
945Sq Ft
5,548Lot Size
Property Price
LIST PRICE$625,900
EST. MARKET VALUE
$646,318
3% BelowMARKET VALUE
SUMMARY
This property presents a Prime Investment Opportunity with a List Price of $625,900—positioned well below the $645,164 Fair Market Value by 3%. This valuation gap offers $19,264 in Instant Equity. Featuring a Condition Rating of 5, the home requires significant renovation, yet the large lot with dual street frontage and canyon views provides immense potential for an ADU. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$646,318+$20,418 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 |
|---|---|---|---|---|---|---|
★ 3106 Menlo Ave. Subject | $625,900* List Price | 2 | 1 | 945 | $684 | - |
A 3741 47th Street Sold | $690,000 | 2 | 1 | 924 | $747 | 0.6 mi |
B 4077 Myrtle Sold | $735,000 | 2 | 1 | 880 | $835 | 0.8 mi |
C 2437 Laurie Sold | $750,000 | 3 | 1 | 972 | $772 | 0.6 mi |
D 4779 Castle Avenue Sold | $500,000 | 2 | 1 | 742 | $674 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1954 and lacking recent renovations, this 70-year-old property is marketed as an investor opportunity. The exterior shows significant age with dated awnings and siding, the pool requires repair, and the listing description suggests a need for a full rehab to modernize the likely original systems and interior.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property sits on a large lot with dual street frontage, offering excellent accessibility and significant potential for expansion or the addition of an Accessory Dwelling Unit (ADU).
- Scenic Canyon Views
Positioned to overlook the canyon, the home provides a serene natural backdrop and a sense of privacy that is a premium feature for the City Heights neighborhood.
- Functional Amenities
The inclusion of a large two-car garage and a substantial living room fireplace adds both practical utility and architectural character rarely found in homes of this size.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The existing pool requires significant repair and the home is marketed as a fixer-opportunity, implying the need for immediate capital investment to address condition issues.
- Limited Living Space
With only 945 square feet of living area and a single bathroom, the current footprint may be too restrictive for modern families or buyers seeking more spacious accommodations.
About 3106 Menlo Ave.
Awesome Opportunity for a First Time Buyer or Investor! This property features old world charm with terrific Canyon Views. Situated on a large lot that faces two streets, this 2 bedroom (optional 3rd) home has a pool that could use some work, a large 2 car garage and a huge fireplace in the living room! Great opportunity to create the home you have always wanted!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 5,548 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Hamilton Elementary School
Grades K-5 • 0.4 mi
6/10
Rosa Parks Elementary School
Grades K-5 • 0.5 mi
4/10
Clark Middle School
Grades 6-8 • 0.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 945 | 1,777.941 |
| Lot Size | 5,548 | 6,474.445 |
| Price | $625.9K | $1.27M |
| Price per sq ft | $662 | $741 |
| Built year | 1954 | 1971 |
| HOA | $0 | $184 |
| Days on market | 40 | 40 |
Pricing History
Listed for Sale
Jul 31, 2026
$625,900
Initial Listing
Sold
Jun 8, 2009
$159,000
Public Record