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3498 Agosto Street, San Diego, California 92154, San Diego, 92154 - 4 bed, 4 bath

3498 Agosto Street, San Diego, California 92154 home-pic-0
ACTIVE$920,000
3498 Agosto Street, San Diego, California 92154
4Beds
4Baths
2,430Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($920,000) is $0 (0%) lower than the list price ($920,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Potential: The property explicitly offers potential for multi-unit conversion, ideal for multi-generational living or generating rental income, significantly enhancing its investment value.
Top Cons:
Property Age & Potential Updates: Built in 1969, the home is over 50 years old, suggesting potential for dated systems (plumbing, electrical, HVAC) or aesthetic updates required to meet modern buyer expectations.

Compared to the nearby listings

Price:$920.0K vs avg $793.0K (+$127,000)86%
Size:2,430 sqft vs avg 1,589.5 sqft96%
Price/sqft:$379 vs avg $49010%

More Insights

Built in 1969 (56 years old).
Condition: Built in 1969, this property is well-maintained and functional, featuring hardwood flooring in the main living areas and bedrooms. However, the kitchen and all four bathrooms are significantly outdated. The kitchen has traditional wood cabinets and older appliances, while the bathrooms feature dated fixtures, linoleum or older tile flooring, and styles (e.g., jetted tub, older vanities) that are clearly from an earlier renovation, likely 15-30 years ago. While move-in ready, it requires substantial cosmetic updates in these key areas to meet current aesthetic standards.
Year Built
1969
Close
-
List price
$920K
Original List price
$920K
Price/Sqft
$379
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2506648
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Welcome to this spacious 4 bedroom, 4-bathroom home in the heart of San Diego’s 92154! Perfectly situated near schools, shopping centers, dining, and freeway access, this property offers the ideal balance of comfort and convenience for growing families or savvy investors. With its generous layout, the home provides plenty of space to spread out, entertain, and make lasting memories. The inviting kitchen is ready for your culinary creations, while the bedrooms and baths offer flexibility for extended family, guests, or a dedicated home office. The large primary suite creates a private retreat, complete with comfort and functionality. What truly sets this home apart is its potential for a multi-unit conversion. With its size and layout, the property presents opportunities to create separate living quarters—perfect for multi-generational living or generating rental income. The possibilities are endless for those seeking long-term value and versatility in their investment. Outside, you’ll find a low-maintenance yard with space for gatherings, gardening, or simply enjoying San Diego’s year-round sunshine. This is a rare chance to own a property with both move-in-ready comfort and income-producing potential, all in a prime South Bay location. Don’t miss it—this home is ready to welcome its next owner

Condition Rating
Fair
Built in 1969, this property is well-maintained and functional, featuring hardwood flooring in the main living areas and bedrooms. However, the kitchen and all four bathrooms are significantly outdated. The kitchen has traditional wood cabinets and older appliances, while the bathrooms feature dated fixtures, linoleum or older tile flooring, and styles (e.g., jetted tub, older vanities) that are clearly from an earlier renovation, likely 15-30 years ago. While move-in ready, it requires substantial cosmetic updates in these key areas to meet current aesthetic standards.
Pros & Cons

Pros

Income-Generating Potential: The property explicitly offers potential for multi-unit conversion, ideal for multi-generational living or generating rental income, significantly enhancing its investment value.
Spacious & Flexible Layout: A generous 4-bedroom, 4-bathroom configuration across 2430 sqft provides ample space, privacy, and versatility for various living arrangements or home office needs.
Convenient South Bay Location: Strategically situated near essential amenities including schools, shopping centers, dining, and freeway access, appealing to families and commuters in a prime San Diego South Bay area.
Investor-Ready Opportunity: Positioned as an attractive opportunity for 'savvy investors' due to its size, layout, and potential for value-add through conversion and rental income.
Low-Maintenance Outdoor Space: Features a low-maintenance yard, providing functional outdoor space for relaxation and entertaining without requiring extensive upkeep.

Cons

Property Age & Potential Updates: Built in 1969, the home is over 50 years old, suggesting potential for dated systems (plumbing, electrical, HVAC) or aesthetic updates required to meet modern buyer expectations.
Listing Price vs. Estimated Value: The current list price of $920,000 is slightly higher than the estimated property value of $907,696, which could impact buyer perception of market value.
Standard Neighborhood View: While a view exists, it is described as 'Neighborhood,' indicating it lacks premium scenic attributes (e.g., ocean, city skyline) that often command higher property values.

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