3271 Monroe Ave, San Diego, California 92116, San Diego, 92116 - 3 bed, 2 bath
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San Diego, California 92116
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned above the $1,090,069 Fair Market Value by 5%. While requiring a full interior renovation, the home features Essential Infrastructure Upgrades including a new HVAC, newer roof, and solar. With a Condition Rating of 5, this 1,641 sq. ft. Craftsman offers a blank canvas for value-add strategies. The gated lot with dual driveways and detached garage provides rare utility in this market. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a significant restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3271 Monroe Ave Subject | $1,150,000* List Price | 3 | 2 | 1,641 | $664 | - |
A 4420 38th St Sold | $945,000 | 3 | 2 | 1,878 | $503 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the property features a newer roof and HVAC, the 1936 structure has a highly dated kitchen and interior (30-50 year old styling) that requires a full rehab. The listing explicitly targets investors and buyers with 'tools and ideas,' confirming the need for significant renovation beyond minor repairs.
The property features a new HVAC system, a newer roof, and solar panels, significantly reducing the immediate capital expenditure typically required for older Craftsman homes.
Retaining its original wood floors and featuring a large open kitchen, this bungalow offers a spacious 1,641 sq. ft. floor plan that serves as an ideal canvas for a high-end restoration.
Rare for the Normal Heights area, the property is gated and includes two long driveways plus a detached garage, providing ample off-street parking and storage options.
The home is explicitly marketed as a fixer-upper needing significant work, which will require a buyer with a substantial additional budget and the ability to manage a large-scale project.
At a list price of $1.15M for a property in need of total transformation, the price point may be challenging for buyers who must also factor in the high costs of modernizing a 1930s structure.
Very loved one family home for 50 years. Updates include newer roof, solar, new HVAC system. Situated on a 4,318 sq. ft. lot, this 1,641 sq. ft. home offers an excellent opportunity to make it your own with some TLC. 3 Bedrooms , 2 Bathrooms. large open kitchen. Plenty of space to enjoy for the new buyers. Original hardwood floors. A wood burning fireplace plus a pellet stove. Bring your design ideas to transform this property into something truly special. Whether you're are a buyer or investor looking to create your dream home, the possibilities are endless. Gated, 2 long driveways, space for a boat, RV , plus a detached detached garage.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,641 | 1,777 |
| Lot Size | 4,313 | 6,600 |
| Price | $1.15M | $1.24M |
| Price per sq ft | $701 | $743 |
| Built year | 1936 | 1972 |
| HOA | $0 | $200 |
| Days on market | 5 | 39 |
Jul 17, 2026
$1,150,000
Initial Listing