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3131 Erie Street, San Diego, California 92117, San Diego, 92117 - 4 bed, 2 bath

3131 Erie Street, San Diego, California 92117 home-pic-0
ACTIVE UNDER CONTRACT$1,389,000
3131 Erie Street, San Diego, California 92117
4Beds
2Baths
2,157Sqft
0.15Lot
Year Built
1973
Close
-
List price
$1.39M
Original List price
$1.39M
Price/Sqft
$644
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2509120
Home ConditionPoor
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,5 Pros. Rank: price - $1.39M(76th), sqft - 2157(87th), beds - 4(62th), baths - 2(50th).

Discover the potential of this Bay Park gem! This 4-bedroom home offers a spacious layout and sits in one of San Diego’s most desirable coastal neighborhoods. The property has been well loved over the years but is ready for someone to bring fresh ideas and updates. Located in the heart of Bay Park, you’ll enjoy a community known for its quiet, friendly streets, walkable lifestyle, and true neighborhood charm. Just minutes from Mission Bay, SeaWorld, and the coastline, this area offers endless outdoor activities—biking, paddle boarding, boating, and sunset walks along the water. You’re also close to popular local restaurants, cozy cafés, breweries, shopping, and quick access to the 5 and 52 freeways for easy commuting. With good bones, natural light, and a desirable lot, this home is the perfect opportunity to add your own touches or create a dream coastal retreat. A fantastic choice for homeowners, investors, or anyone looking for a property with long-term value in a prime San Diego location.

Nearby schools

7/10
Toler Elementary School
Public,•K-5•0.6mi
5/10
Marston Middle School
Public,•6-8•0.9mi
5/10
Clairemont High School
Public,•9-12•0.8mi

Price History

Date
Event
Price
12/12/25
Listing
$1,389,000
10/01/93
Sold
$242,000
Condition Rating
Poor
Built in 1973, this property is 51 years old. While the description notes 'good bones' and 'well loved,' the images clearly show a highly outdated interior, particularly in the kitchen and bathrooms. The kitchen features dated cabinets, laminate countertops, and visibly old appliances (e.g., dishwasher). Both bathrooms have very basic, original-era vanities, fixtures, and tile work, requiring complete modernization. The flooring throughout consists of old carpet and tile. The listing itself states the property is 'ready for someone to bring fresh ideas and updates' and highlights 'potential for high renovation costs' as a weakness. This indicates a need for substantial rehabilitation and updates to meet current standards, aligning with the 'Poor' condition criteria, which describes properties requiring substantial repairs and rehabilitation due to outdated major components and finishes, even if structurally sound.
Pros & Cons

Pros

Prime Coastal Location: Situated in the highly desirable Bay Park neighborhood, known for its quiet, friendly streets, and walkable lifestyle, placing it among San Diego's most sought-after coastal areas.
Exceptional Lifestyle & Amenities Access: Minutes away from Mission Bay, SeaWorld, and the coastline, offering endless outdoor activities. It's also conveniently close to popular local restaurants, cafes, breweries, shopping, and major freeways (I-5, SR-52) for easy commuting.
Spacious Layout & Desirable Lot: A 4-bedroom home boasting a generous 2157 sqft layout with 'good bones,' ample natural light, and a substantial 0.15-acre lot, providing significant space and potential.
Strong Investment Potential: Presents a fantastic opportunity for homeowners or investors to add significant value and create a dream coastal retreat, promising long-term appreciation in a prime San Diego location.
Highly-Rated School Access: Located within the San Diego Unified School District, with access to well-rated public schools including Toler Elementary (7/10), Marston Middle (5/10), and Clairemont High (5/10) all within close proximity.

Cons

MLS Listing Discrepancy: 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 = 6600.
Requires Significant Updates: The property is described as 'well loved' and 'ready for someone to bring fresh ideas and updates,' indicating a need for substantial modernization to meet contemporary market standards and buyer preferences.
Age of Property: Built in 1973, the home is over 50 years old. While it has 'good bones,' its age suggests potential for dated systems, finishes, and the likelihood of deferred maintenance requiring investment.
Potential for High Renovation Costs: Given the property's age and the explicit need for updates in a desirable area, the cost to renovate and bring the home to its full potential could be substantial, impacting the overall investment or budget for a homeowner.

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