
San Diego, California 92117
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $821,110 Fair Market Value by 2%. This valuation gap offers $22,110 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full remodel, but the 5,793 SF R-1 lot provides significant upside for footprint expansion or ADU development. Located in the San Diego Unified district near top-rated schools, this is an ideal acquisition 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 |
|---|---|---|---|---|---|---|
★ 3153 Idlewild Way Subject 3 bd · 1 ba · 899 sqft · $913 | $799,000* List Price | 3 | 1 | 899 | $913 | - |
A 4041 Appleton Sold 3 bd · 2 ba · 1,032 sqft · $935 · 0.9 mi | $965,000 | 3 | 2 | 1,032 | $935 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954, this 70-year-old home features a kitchen with dated laminate wood-trimmed cabinetry and older appliances likely exceeding 30 years in age. The listing description explicitly suggests a 'full remodel' and permit planning for expansion, indicating that the structure and systems require significant rehabilitation to meet modern standards.
The property includes a reliable tenant in place, allowing owners to collect immediate rental income while navigating the design and permitting process for future improvements.
Situated on a generous 5,793 SF R-1 lot, the property offers significant room for a footprint expansion or the addition of an ADU to maximize the site's value.
Located in the heart of Clairemont Mesa, the home provides excellent proximity to major freeways (SR-52 and I-805) and is served by high-rated elementary schools.
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 = 5900.
With only 899 square feet of living area for a three-bedroom layout, the interior may feel cramped and likely requires an extension to meet modern residential expectations.
The single-bathroom configuration for a three-bedroom home is a functional drawback that may limit appeal for larger families and impact resale value.
Income in place in the heart of Clairemont Mesa. This single-level 3BR/1BA, 899 SF home sits on a generous 5,793 SF R-1 lot with a reliable tenant already in place, so you can collect rent while you design, plan, and pull permits. Expand the footprint, take on a full remodel, or explore an ADU (buyer to verify), because this lot gives you room to work. The backyard is the standout: a wide-open lawn, a concrete patio for outdoor dining, a separate gravel lounge area, and mature greenery framing the rear fence line. Inside, a bright living room and a kitchen that opens straight to the yard. Attached one-car garage with in-garage laundry. Minutes to SR-52, I-805, and the shops and dining along Clairemont Mesa Blvd. A rare chance to hold, improve, and make it your own in one of San Diego's most established neighborhoods.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 899 | 1,752.269 |
| Lot Size | 0.14 | 6,446.159 |
| Price | $799.0K | $1.27M |
| Price per sq ft | $889 | $736 |
| Built year | 1954 | 1971 |
| HOA | $0 | $186 |
| Days on market | 17 | 41 |
Oct 8, 2026
$799,000
Initial Listing
Sep 19, 2025
$800,000
Public Record
Sep 20, 2010
$330,000
Public Record