3203 Webster Ave, San Diego, California 92113, San Diego, 92113 - 3 bed, 1 bath
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San Diego, California 92113
This Value-Add Residential Asset represents a significant renovation project in the heart of Logan Heights. Listed at $625,000, the property sits above the $535,404 Fair Market Value, requiring a strategic approach to capture future equity through forced appreciation. The home carries a Condition Rating of 5, signaling a need for a full interior and exterior overhaul to modernize the 919 sqft layout. However, the Corner Lot Advantage and proximity to Downtown San Diego and Logan K-8 schools offer strong long-term value. This is an ideal acquisition for Fix-and-Flip Investors or Contractors ready to execute a complete modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3203 Webster Ave Subject | $625,000* List Price | 3 | 1 | 919 | $583 | - |
A 115 S 35th Street Sold | $465,000 | 3 | 2 | 916 | $508 | 0.4 mi |
B 2946 Commercial Street Pending | $650,000 List Price | 3 | 1 | 902 | $721 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is marketed as an 'investor's delight' and 'DIY ready,' signaling a need for substantial rehabilitation. While the metadata lists a 2018 build year, the description and images contradict this, showing a home held by the same family for decades with a severely outdated kitchen, old appliances, and significant deferred maintenance on the exterior. It requires a full renovation to meet modern living standards.
The property is situated on a corner lot, providing enhanced privacy, additional street frontage, and greater flexibility for future landscaping or potential expansion.
Marketed as an 'investor's delight,' this property offers a significant value-add opportunity for buyers looking to build equity through a comprehensive renovation in a growing San Diego market.
Located in the Logan Heights area, the home offers excellent proximity to downtown San Diego and major transit corridors, making it highly desirable for commuters and urban professionals.
The property is in need of significant cosmetic and functional updates, which will require a substantial additional investment of time and capital from the buyer.
With three bedrooms but only one bathroom, the current layout may be less functional for modern families and could impact the property's competitive value compared to updated homes.
This home is an investor's delight. Corner lot with plenty to do. This home has had the same family in it for decades and needs to be updated with love. Bring all your ideas, this home is ready for you and all your great ideas. DIY ready to go!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 919 | 1,080 | 21% |
| Lot Size | 3,023 | 5,300 | 23% |
| Price | $625.0K | $693.0K | 30% |
| Price per sq ft | $680 | $599 | 72% |
| Built year | 2018 | 1957 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 244 | 177 | 79% |
Aug 21, 2025
$625,000
Initial Listing