338 Hoitt Street, San Diego, California 92102, San Diego, 92102 - 2 bed, 2 bath
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338 Hoitt Street
San Diego, California 92102
ACTIVE
CONDITION: FAIR
2Beds
2Baths
660Sq Ft
3,577Lot Size
Property Price
LIST PRICE$665,000
EST. MARKET VALUE
$640,102
3% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $665,000—positioned slightly above the $640,103 Fair Market Value. While the price reflects a premium, the property offers significant upside through its detached bonus room, which provides a clear path for an ADU conversion. With a Condition Rating of 4, the home is functional but invites cosmetic modernization to capture additional value. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a central San Diego location with no HOA constraints.
Estimated Market Value
$640,102
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 Hoitt Street Subject 2 bd · 2 ba · 660 sqft · $970 | $665,000* List Price | 2 | 2 | 660 | $970 | - |
A 35 19th Street Active 2 bd · 1 ba · 602 sqft · $995 · 0.8 mi | $599,000 List Price | 2 | 1 | 602 | $995 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1928, this nearly 100-year-old home shows evidence of cosmetic updates such as laminate flooring and modern paint, but lacks a comprehensive recent renovation. The listing explicitly mentions 'room to add value,' suggesting that while functional and move-in ready, the core systems and kitchen/bathrooms likely exceed the 15-30 year age range for a 'Good' rating and will require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- No HOA or Mello-Roos
The property offers full ownership without the burden of monthly HOA fees or Mello-Roos assessments, significantly increasing long-term affordability and buyer autonomy.
- Versatile Bonus Space
A detached bonus room provides excellent potential for a home office, creative studio, or a future ADU, offering a rare opportunity to add significant square footage and value.
- Central Urban Location
Situated in the heart of San Diego, the home provides exceptional access to Downtown, Balboa Park, and major transit corridors, making it ideal for an active urban lifestyle.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 660 square feet of living space, the interior layout is quite small for a two-bedroom residence, which may challenge buyers seeking more spacious accommodations.
- Vintage Infrastructure
Originally built in 1928, the property may require ongoing maintenance or modernization of its century-old systems to meet contemporary living standards.
About 338 Hoitt Street
A rare find in the heart of San Diego—your own home, your own yard, your own driveway, and NO HOA or Mello-Roos! Offered at $665,000, this 2-bedroom, 1.5-bath home delivers the privacy and freedom buyers want without the added monthly dues. Step inside to an inviting, functional layout designed for comfortable everyday living, complete with in-unit laundry and easy access to your private outdoor space. But there’s more—the detached bonus room opens the door to exciting possibilities, whether you envision a home office, creative studio, guest space, or potential future ADU. And when it comes to location, you’re right in the middle of it all. Downtown San Diego, Balboa Park, Petco Park, Coronado, North Park, dining, nightlife, shopping, and major freeways are all within easy reach. For buyers looking for a centrally located San Diego home with outdoor space, no HOA, and room to add value, this one checks boxes that are hard to find at this price point.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 3,577 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Kimbrough Elementary School
Grades K-5 • 0.0 mi
3/10
Sherman Elementary School
Grades K-5 • 0.6 mi
5/10
Burbank Elementary School
Grades K-5 • 0.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 660 | 1,752.269 |
| Lot Size | 3,577 | 6,446.159 |
| Price | $665.0K | $1.27M |
| Price per sq ft | $1.0K | $736 |
| Built year | 1928 | 1971 |
| HOA | $0 | $186 |
| Days on market | 25 | 41 |
Pricing History
Listed for Sale
Sep 30, 2026
$665,000
Initial Listing
Sold
Mar 9, 2004
$289,000
Public Record
Sold
Nov 22, 2002
$202,000
Public Record
Sold
Aug 16, 2002
$155,000
Public Record