
San Diego, California 92117
This property presents a High-Potential Investment Opportunity with a List Price of $1,550,000, positioned slightly above the $1,528,919 Fair Market Value. While not a discount buy, the home offers significant upside through its 516 sq. ft. unfinished lower level, perfect for a JADU conversion. Featuring panoramic coastal views and a Condition Rating of 4, this asset allows for immediate value-add through modernization. Located near Toler Elementary (Rating 7), it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3341 Mount Laurence Dr Subject 3 bd · 2 ba · 2,032 sqft · $787 | $1,550,000* List Price | 3 | 2 | 2,032 | $787 | - |
A 3255 Wheat Street Sold 3 bd · 2 ba · 1,776 sqft · $711 · 0.7 mi | $1,262,000 | 3 | 2 | 1,776 | $711 | 0.7 mi |
B 4210 Moraga Ave Sold 4 bd · 3 ba · 1,792 sqft · $695 · 0.8 mi | $1,245,000 | 4 | 3 | 1,792 | $695 | 0.8 mi |
C 3027 Hunrichs Way Sold 4 bd · 3 ba · 1,930 sqft · $946 · 0.9 mi | $1,825,000 | 4 | 3 | 1,930 | $946 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 with a kitchen renovation likely dating back 20-30 years (oak cabinetry and tile counters). While the home features new carpet, fresh paint, and updated dual-pane windows, the primary interior finishes are dated and the lower level remains unfinished, requiring modernization to meet current market standards.
The property offers breathtaking, sweeping views from Mission Bay to Mount Soledad, including the Pacific Ocean and Sea World fireworks, providing exceptional aesthetic value and market appeal.
A 516-square-foot unfinished lower level presents a prime opportunity to add a Junior ADU or increase the primary living square footage, offering immediate value-add potential for investors or growing families.
Situated on a desirable corner lot, the home features a rare 16' x 23' enclosed storage space with a roll-up door attached to the garage, perfect for specialized storage, a workshop, or hobbyist needs.
A substantial portion of the advertised square footage is currently unfinished, requiring the buyer to commit additional capital and time to construction before the home is fully functional.
Built in 1959, the property may require further modernization of its core systems and interior finishes beyond the new carpets and windows to meet contemporary luxury standards at this price point.
Sweeping view from Mission Bay to Mount Soledad captures the Pacific Ocean, Fiesta Island, Sea World Fireworks, Pacific Beach and Point Loma! Corner lot! This coastal gem boasts a large kitchen, formal dining room, living room, fireplace and an expansive view deck! The entry level offers 1,642 living square feet! Lower level offers 1,066 unfinished square feet of which 526 square feet is permitted! The lower level is perfectly suited to expand the existing home or JADU! Home includes dual pane vinyl windows and new carpeting throughout! Existing 2 car garage has an attached 23’ x 16’ enclosed storage room with a roll-up door! Home is ideally situated near schools, restaurants, freeways and the beach communities!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 2,032 | 1,752.269 |
| Lot Size | 6,200 | 6,446.159 |
| Price | $1.55M | $1.27M |
| Price per sq ft | $763 | $736 |
| Built year | 1959 | 1971 |
| HOA | $0 | $186 |
| Days on market | 40 | 41 |
Sep 15, 2026
$1,550,000
Initial Listing