353 61st Street, San Diego, California 92114, San Diego, 92114 - 3 bed, 3 bath
353 61st Street
San Diego, California 92114
Property Price
SUMMARY
Analysis of 353 61st Street, San Diego, California 92114 reveals a Prime Investment Opportunity with a current list price of $699,999—significantly undercutting the $724,263 Fair Market Value by 3%. This valuation gap indicates a +$24,264 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 353 61st Street Subject | $699,999* List Price | 3 | 3 | 1,352 | $536 | - |
A 6283 Division Sold | $725,000 | 3 | 2 | 1,418 | $511 | 0.9 mi |
B 242 S 58th Street Sold | $865,000 | 3 | 3 | 1,619 | $534 | 0.6 mi |
C 5533 Roswell St Pending | $745,000 List Price | 3 | 2 | 1,269 | $587 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1989, this property is move-in ready and features several recent updates that elevate it above the 'Fair' category. The interior boasts updated flooring, a modernized kitchen with stainless steel appliances, and refreshed bathrooms. The inclusion of paid-off solar panels and new landscaping indicates proactive maintenance. While the home is 35 years old, the recent renovations to key areas like the kitchen and living spaces, combined with functional systems, meet the criteria for 'Good' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property includes fully paid-off solar panels, offering the homeowner significant long-term savings on utility costs and immediate environmental benefits.
- Versatile Floor Plan
Featuring a bedroom and full bathroom on the first floor, the layout provides excellent accessibility and flexibility for guests or multi-generational living.
- Security and Parking
Located within a gated community, the home offers enhanced privacy and includes three dedicated parking spots, a rare and valuable asset in this area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2, other record lot size in square feet = 114714.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2, living area = 1352.
- Average School Ratings
The local elementary, middle, and high schools carry ratings between 4 and 5, which may be a drawback for families prioritizing high-performing educational districts.
About 353 61st Street
This property offers a wonderful opportunity for homeowners or investors seeking comfort, convenience, and value in a centrally located GATED community. This property offers PAID OFF SOLAR, new landscaping, and 3 dedicated parking spots. Recently updated and having a bed and bath on the first floor for your connivence. Situated on a spacious lot, the home features a functional layout with abundant natural light and inviting living spaces perfect for everyday living and entertaining. The property provides ample outdoor space ideal for gardening, relaxing, or creating your own backyard retreat. Conveniently located near schools, parks, shopping, dining, and major freeways, this home offers easy access to everything San Diego has to offer while maintaining a neighborhood feel. Whether you’re looking for your first home, an investment opportunity, or a place to customize and make your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 2.63 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $87.0 / Month
Neighborhood Insights
San Diego Unified Schools
Encanto Elementary School
Grades K-5 • 0.7 mi
Bell Middle School
Grades 6-8 • 2.1 mi
Lincoln High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,352 | 1,451 | 40% |
| Lot Size | 2.63 | 6,300 | 21% |
| Price | $700.0K | $765.0K | 20% |
| Price per sq ft | $518 | $524 | 47% |
| Built year | 1989 | 1963 | 91% |
| HOA | $87.0 | $0 | 99% |
| Days on market | 16 | 151 | 4% |
Pricing History
Listed for Sale
Feb 19, 2026
$699,999
Initial Listing
Sold
Dec 16, 2022
$625,000
Public Record
Sold
Sep 20, 1996
$105,500
Public Record