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3505 Ibis Street, San Diego, California 92103, San Diego, 92103 - 3 bed, 3 bath

3505 Ibis Street, San Diego, California 92103 home-pic-0
ACTIVE$1,575,500
3505 Ibis Street, San Diego, California 92103
3Beds
3Baths
1,972Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($1,575,500) is $0 (0%) lower than the list price ($1,575,500). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Modern Renovation: The home has been 'fully reimagined' with modern elegance, featuring a redesigned kitchen with sleek appliances, fully renovated bathrooms including a luxurious primary suite, and updated lighting and doors.
Top Cons:
Recent Price Reductions: The property has experienced a 'HUGE PRICE REDUCTION' and multiple price adjustments, which may suggest market resistance or an initial overvaluation.

Compared to the nearby listings

Price:$1.58M vs avg $1.78M ($-209,400)42%
Size:1,972 sqft vs avg 1,967 sqft51%
Price/sqft:$799 vs avg $93327%

More Insights

Built in 1950 (75 years old).
Condition: Despite being built in 1950, this property has undergone a comprehensive and recent 'full reimagining' as described, evident in the modern aesthetics and high-quality finishes throughout. The kitchen features sleek cabinetry and modern appliances, while the bathrooms are fully renovated with contemporary fixtures, including a floating soaking tub and walk-in shower. New light-colored LVP flooring, updated lighting, and fresh paint contribute to a virtually new feel. All visible components meet current quality standards, indicating no deferred maintenance and extensive recent upgrades.
Year Built
1950
Close
-
List price
$1.58M
Original List price
$1.69M
Price/Sqft
$799
HOA
-
Days on market
-
Sold On
-
MLS number
OC25196594
Home ConditionExcellent
Features
Patio
ViewCity Lights,Canyon,Pier,Water

About this home

HUGE PRICE REDUCTION!!! Welcome to this cozy, move-in ready single-story home. This home has been fully reimagined, blending timeless charm with modern elegance. Set on a prime corner lot with no HOA, the 3-bedroom, 2.5-bath residence offers nearly 2,000 sq. ft. of living space with an open floor plan designed for today’s lifestyle. The light-filled living areas flow seamlessly, highlighted by updated lighting, all-new doors, and a cozy fireplace. The redesigned kitchen features sleek cabinetry, modern appliances, and a layout perfect for cooking and entertaining. Bathrooms are fully renovated, partial bathroom upgrades include newly installed drain pipes, with the primary suite showcasing dual sinks, a floating soaking tub, walk-in shower, and a spacious walk-in closet. Outdoors, enjoy a newly landscaped yard on a flat lot with multiple areas for relaxing or gatherings—plus peek-a-boo ocean views from the street. Located just minutes from downtown, the airport, and Mission Hills’ dining and shops, this no-HOA, single-story home with open living space offers a rare blend of privacy, convenience, and style. Don’t miss this opportunity — perfect for owner-occupancy or short-term Airbnb potential possible.

Nearby schools

8/10
Florence Elementary School
Public,•K-5•0.7mi
5/10
Washington Elementary School
Public,•K-5•1.3mi
8/10
Birney Elementary School
Public,•K-5•1.7mi
8/10
Dewey Elementary School
Public,•K-4•2.1mi
4/10
Carson Elementary School
Public,•K-5•2.4mi
8/10
Grant K-8
Public,•K-8•0.6mi
5/10
Roosevelt International Middle School
Public,•6-8•1.5mi
6/10
Correia Middle School
Public,•7-8•3.4mi
6/10
Dana
Public,•5-6•3.6mi
4/10
Montgomery Middle School
Public,•7-8•13.3mi
7/10
Point Loma High School
Public,•9-12•3.1mi
8/10
Kearny Construction Tech School
Public,•9-12•4.0mi
Condition Rating
Excellent
Despite being built in 1950, this property has undergone a comprehensive and recent 'full reimagining' as described, evident in the modern aesthetics and high-quality finishes throughout. The kitchen features sleek cabinetry and modern appliances, while the bathrooms are fully renovated with contemporary fixtures, including a floating soaking tub and walk-in shower. New light-colored LVP flooring, updated lighting, and fresh paint contribute to a virtually new feel. All visible components meet current quality standards, indicating no deferred maintenance and extensive recent upgrades.
Pros & Cons

Pros

Comprehensive Modern Renovation: The home has been 'fully reimagined' with modern elegance, featuring a redesigned kitchen with sleek appliances, fully renovated bathrooms including a luxurious primary suite, and updated lighting and doors.
Prime Urban Location: Located in the sought-after Mission Hills area, offering exceptional convenience 'just minutes from downtown, the airport, and Mission Hills’ dining and shops'.
Functional & Desirable Layout: A 'move-in ready single-story home' with an 'open floor plan' designed for modern living, situated on a 'prime corner lot with no HOA'.
Income Generation Potential: The property is highlighted for its 'short-term Airbnb potential possible,' offering an attractive opportunity for supplemental income.
Enhanced Outdoor Living & Views: Features a 'newly landscaped yard on a flat lot with multiple areas for relaxing or gatherings,' complemented by various views including City Lights, Canyon, Pier, and Water.

Cons

Recent Price Reductions: The property has experienced a 'HUGE PRICE REDUCTION' and multiple price adjustments, which may suggest market resistance or an initial overvaluation.
Limited Direct Ocean Views: While 'Water' views are listed, the description clarifies 'peek-a-boo ocean views from the street,' indicating that direct or expansive ocean views from the main living areas are not a prominent feature.
Age of Original Structure: Built in 1950, the property's underlying structure is over 70 years old. Despite extensive renovations, this age could imply potential for future maintenance related to original components not fully replaced.

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