3129 Old Kettle Road, San Diego, California 92111, San Diego, 92111 - 2 bed, 2 bath
Loading property details...
San Diego, California 92111
This property presents a Strong Value Opportunity with a List Price of $1,100,000—positioned well below the $1,171,646 Fair Market Value by 6%. This valuation gap offers $71,646 in Instant Equity for buyers. With a Fair Condition Rating of 5, the home requires a full renovation, providing significant upside for forced appreciation. Located in a central San Diego neighborhood zoned for the highly-rated Holmes Elementary School (9/10), this is a high-reward acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3129 Old Kettle Road Subject | $1,100,000* List Price | 2 | 2 | 1,630 | $719 | - |
A 3414 Aldford Dr Sold | $1,034,000 | 3 | 2 | 1,345 | $769 | 0.4 mi |
B 3162 Via Arcilla Sold | $957,000 | 3 | 2 | 1,100 | $870 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 (43 years old) with no mention of renovations. The listing explicitly states the property has 'significant potential' and is an opportunity to 'renovate and customize,' which are industry indicators for a home needing a full rehab. Sold in current condition with limited interior access further suggests original systems and dated/worn interiors.
Elementary School: Holmes Elementary School (9/10).
Situated in a highly desirable central San Diego neighborhood, the property offers exceptional proximity to major freeways, diverse dining, and shopping hubs.
The home is zoned for Holmes Elementary School, which carries a prestigious 9/10 rating, significantly boosting the property's long-term value and appeal to families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 3547.
The property is tenant-occupied with limited interior access, which complicates the inspection process and may delay a buyer's ability to take full possession.
Sold in its current state with a clear need for renovation, the property will require additional capital investment for repairs and upgrades beyond the $1.1M asking price.
Opportunity to own a home in a desirable central San Diego location with significant potential. Property is tenant occupied and offers an excellent opportunity for a buyer looking to renovate and customize. Conveniently located near shopping, dining, major freeways, and all that San Diego has to offer. Property is being sold in its current condition. Please do not disturb occupants. Interior access is limited and subject to confirmed appointment.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,630 | 1,777 |
| Lot Size | 0.08 | 6,600 |
| Price | $1.10M | $1.24M |
| Price per sq ft | $675 | $743 |
| Built year | 1983 | 1972 |
| HOA | $475.0 | $200 |
| Days on market | 11 | 39 |
Jul 11, 2026
$1,100,000
Initial Listing
Feb 27, 2025
$30,000
Public Record
Dec 21, 1998
$205,000
Public Record