3533 Louisiana St, San Diego, California 92104, San Diego, 92104 - 2 bed, 1 bath
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San Diego, California 92104
This 1924 bungalow represents a High-Potential Investment Opportunity, listed at $999,000—positioned above the $880,462 Fair Market Value. While the property carries a premium, its Condition Rating of 4 and expansive 4,300 sq. ft. lot offer significant ADU & Expansion Potential in the coveted Morley Field neighborhood. With proximity to Jefferson Elementary and Roosevelt International Middle School, this asset provides a rare blank canvas for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a historic North Park residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3533 Louisiana St Subject | $999,000* List Price | 2 | 1 | 768 | $1,146 | - |
A 3533 Louisiana Street Sold | $760,000 | 2 | 1 | 768 | $990 | 0.0 mi |
B 2536 Dwight Sold | $834,000 | 2 | 1 | 707 | $1,180 | 0.2 mi |
C 2950 Nutmeg St Sold | $835,000 | 2 | 1 | 720 | $1,160 | 0.8 mi |
D 3504 31st Sold | $980,000 | 3 | 1 | 1,061 | $924 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, this bungalow is over 100 years old. While the bathroom has received a recent cosmetic refresh (newer vanity and penny tile), the kitchen remains dated with older cabinetry and vinyl flooring (>20 years). The property is functional but requires significant updates to systems and finishes to meet modern standards.
Situated in the highly coveted Morley Field area of North Park, the property offers exceptional walkability to Balboa Park, hiking trails, and the vibrant local dining and brewery scene.
The oversized 4,300 sq. ft. lot provides a rare 'blank canvas' in this neighborhood, offering significant value-add opportunities for an ADU, home expansion, or a detached home office.
This 1924 bungalow retains its original character and architectural appeal, serving as a perfect entry point for buyers seeking a vintage aesthetic in one of San Diego's most historic districts.
The property was recently sold within the past year on 2026-03-20. The sold price is $760,000.00.
With a list price of $999,000 for only 768 square feet of living space, the property carries a premium price tag that may challenge traditional appraisal valuations.
The 2-bedroom, 1-bathroom layout is quite compact, which may feel restrictive for modern families or those requiring more storage and functional living space.
Charming 1920s bungalow located in the highly desirable Morley Field neighborhood of North Park! This cute 2-bedroom, 1-bath home offers 768 sq. ft. of character-filled living space on a 4,300 sq. ft. Inside you'll find timeless charm with endless opportunities to update, expand, or simply enjoy as-is. The true highlight is the oversized backyard - a rare blank canvas ready for your imagination. Whether you envision an ADU, detached office, garden retreat, entertaining space, pool, or even your own private pickleball court, the possibilities are exceptional. Ideally situated just blocks from Balboa Park, Morley Field, hiking and biking trails, tennis courts, the dog park, and the renowned Balboa Golf Course. Enjoy the best of North Park with its award-winning restaurants, craft breweries, coffee shops, boutiques, and vibrant community events just moments away. A fantastic opportunity for homeowners, investors, or anyone looking to own a piece of one of San Diego's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 768 | 1,777 |
| Lot Size | 4,300 | 6,600 |
| Price | $999.0K | $1.24M |
| Price per sq ft | $1.3K | $743 |
| Built year | 1924 | 1972 |
| HOA | $0 | $200 |
| Days on market | 15 | 39 |
Jul 7, 2026
$999,000
Initial Listing
Mar 20, 2026
$760,000
Public Record