311 San Alberto Way, San Diego, California 92114, San Diego, 92114 - 2 bed, 1 bath
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311 San Alberto Way
San Diego, California 92114
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
1Baths
844Sq Ft
17,400Lot Size
Property Price
LIST PRICE$625,000
EST. MARKET VALUE
$608,424
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned slightly above the $608,425 Fair Market Value. While the home carries a Condition Rating of 5, the massive 17,400 sq. ft. lot provides significant land value and rare development potential in San Diego. The property is an ideal Value-Add Asset for those looking to renovate or explore ADU possibilities. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive rehabilitation of this 844 sq. ft. residence.
Estimated Market Value
$608,424
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1952 (70+ years old) with no evidence of renovation, this property is explicitly marketed as a 'Fixer' and 'Investor Opportunity.' Interior photos show significant deferred maintenance, including heavily damaged hardwood flooring, missing baseboards, and an outdated wall-unit heating system, indicating a need for a total rehab of all major systems, kitchen, and bath.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17400, living area = 844.
- Expansive Lot Size
The property features a massive 17,400 sq. ft. lot, providing significant outdoor space and rare land value for the San Diego area.
- Development Potential
With a large lot and existing zoning, there is substantial opportunity to add an ADU or explore further development to maximize the property's ROI.
CONSRISKS & DEFICIENCIES
- Poor Condition
The home is sold in 'as-is' condition and requires extensive work, which will necessitate a significant additional budget for renovations.
- Limited Living Area
The current 844 sq. ft. layout is quite small, potentially limiting its appeal to traditional buyers until an expansion or remodel is completed.
About 311 San Alberto Way
Investor / Fixer Opportunity Great opportunity for investors, builders, or buyers looking for a project! This 2-bedroom, 1-bath home sits on an approximately 17,400 sq. ft. lot, offering plenty of land and potential. The property needs work and is ideal for a buyer looking to renovate, add value, or explore future development possibilities. Potential ADU opportunity—buyer to verify zoning, permits, and development options with the appropriate city/county agencies. Bring your vision and unlock the potential of this property! Property is sold AS IS. Buyer to do their due diligence with all property investigations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 17,400 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 844 | 1,752.269 |
| Lot Size | 17,400 | 6,446.159 |
| Price | $625.0K | $1.27M |
| Price per sq ft | $741 | $736 |
| Built year | 1952 | 1971 |
| HOA | $0 | $186 |
| Days on market | 26 | 41 |
Pricing History
Listed for Sale
Sep 29, 2026
$625,000
Initial Listing