
San Diego, California 92104
This property represents a High-Potential Investment Opportunity, listed at $1,199,000—positioned slightly above the $1,150,723 Fair Market Value. While the price reflects the prime North Park location, the Fair Condition Rating and 5,170 sqft lot provide significant upside through renovation and ADU development. Featuring 4 off-street parking spots and proximity to McKinley Elementary (9/10), the home offers a rare canvas for value-add strategies. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term equity in a high-demand urban neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3580 Redwood Subject | $1,199,000* List Price | 3 | 2 | 1,168 | $985 | - |
A 3255 Marlton Dr Sold | $1,113,255 | 2 | 1 | 1,200 | $928 | 0.9 mi |
B 3751 Ray St Sold | $1,140,000 | 2 | 2 | 1,255 | $908 | 0.9 mi |
C 3376 30th Street Sold | $1,150,000 | 3 | 2 | 1,304 | $882 | 0.8 mi |
D 3504 31st Sold | $980,000 | 3 | 1 | 1,061 | $924 | 0.7 mi |
E 2170 Montclair Street Sold | $1,193,437 | 3 | 2 | 1,367 | $873 | 0.7 mi |
F 4175 35th St Sold | $1,099,000 | 3 | 2 | 1,158 | $949 | 1.0 mi |
G 3437 Palm Street Sold | $1,490,000 | 3 | 2 | 1,583 | $941 | 0.3 mi |
H 2432 34th Street Sold | $1,500,000 | 3 | 2 | 1,172 | $1,280 | 0.6 mi |
I 3549 Redwood Street Pending | $875,000 List Price | 2 | 1 | 1,092 | $801 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is well-maintained but significantly dated, aligning with the 'Fair' criteria. While it features some updates like dual-pane vinyl windows and a water filter, the interior shows aged systems (wall heater) and older finishes. The listing's emphasis on the home being a 'canvas' for a buyer's vision and its 'future potential' indicates that the kitchen, bathrooms, and core systems likely exceed the 20-year age threshold for modern updates.
Elementary School: McKinley Elementary School (9/10).
Situated in the highly sought-after Altadena neighborhood of North Park, the property offers exceptional proximity to Balboa Park, Morley Field, and a vibrant array of local dining and entertainment.
Rare for this urban area, the home features a detached 2-car garage with dual-side access, a carport, and additional driveway space, providing up to four off-street parking spots.
Built in 1940, the home is described as a 'canvas' for improvement, suggesting that significant cosmetic or structural updates may be needed to meet contemporary standards.
With only 1.5 bathrooms serving three bedrooms, the current layout may be restrictive for modern families or buyers expecting a full primary suite at this price point.
Located in the Altadena neighborhood of North Park, this 3 bedroom, 1.5 bathroom single family home offers a rare blend of location, usable outdoor space, off-street parking, and future potential. Set in one of San Diego’s most loved urban neighborhoods, the home gives you the chance to create something special while enjoying the privacy and flexibility of a full-size lot. Just moments from local restaurants, coffee shops, breweries, parks, shopping, Morley Field, Balboa Park, and the energy of North Park, this is a unique opportunity in a location that continues to stand out. The home is comfortable as it sits, with some existing updates like dual-pane vinyl windows, and a whole-house water filter for the hot water, but also offers a great canvas for someone ready to add their own style over time. The flat, usable lot creates room to enjoy the outdoor space now while exploring future possibilities, including ADU/Developer potential. Parking is another major standout, with a detached 2-car garage with front and back garage doors, perfect for a workshop or home gym, a carport, and additional parking in front of the garage for approximately 4 total off-street spaces. Whether you are a homeowner looking to build equity in a prime neighborhood, an investor exploring long-term potential, or someone who wants a well-located home with room to improve, this property checks the right boxes. Bring your vision and take advantage of a North Park property with real upside.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,168 | 1,777 |
| Lot Size | 5,170 | 6,600 |
| Price | $1.20M | $1.24M |
| Price per sq ft | $1.0K | $743 |
| Built year | 1940 | 1972 |
| HOA | $0 | $200 |
| Days on market | 20 | 39 |
Jul 2, 2026
$1,199,000
Initial Listing
May 31, 2002
$342,000
Public Record
Sep 29, 1999
$169,000
Public Record