
San Diego, California 92104
This Renovated North Park Residence is a Prime Investment Opportunity listed at $1,399,000—positioned well below the $1,443,793 Fair Market Value by 3%. This valuation gap provides $44,793 in Instant Equity. Boasting a Good Condition Rating, the home features custom slate tile flooring, a jetted spa tub, and a second bedroom with a private outside entry for rental income. Located steps from Morley Field and the 9/10 rated McKinley Elementary, it offers a premium lifestyle with 30ft upward build potential. This is an ideal acquisition for Owner-Occupants or House-Hackers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3595 Arizona Street Subject | $1,399,000* List Price | 3 | 4 | 1,564 | $923 | - |
A 3405 Arizona Street Sold | $1,530,000 | 3 | 3 | 1,444 | $1,060 | 0.2 mi |
B 3405 Arizona St Sold | $1,530,000 | 3 | 3 | 1,444 | $1,060 | 0.2 mi |
C 3805 Louisiana Street Sold | $1,210,000 | 3 | 2 | 1,230 | $984 | 0.3 mi |
D 3751 Ray St Sold | $1,140,000 | 2 | 2 | 1,255 | $908 | 0.5 mi |
E 2941 Palm Sold | $1,400,000 | 3 | 2 | 1,328 | $1,054 | 0.7 mi |
F 4109 Utah Sold | $1,025,000 | 3 | 2 | 1,025 | $1,000 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1912, the property has undergone significant renovations that place it in the Good category. The kitchen features Corian countertops and functional appliances, and the bathrooms have been updated with custom slate tile and a jetted tub, likely within the 10-20 year range. The interior shows well-maintained original hardwoods and modern recessed lighting, while the backyard has been recently upgraded, making the home fully move-in ready.
Elementary School: McKinley Elementary School (9/10).
Situated in the heart of North Park, the property offers exceptional walkability to Morley Field Park, Balboa Park, and a vibrant hub of local dining, arts, and culture.
The second bedroom features a private outside entry, providing an excellent opportunity for rental income, a home office, or a private guest suite.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3755, other record lot size in square feet = 4487.
There are notable uncertainties regarding the permitting of the third bathroom and conflicting public records for the year built, requiring extensive buyer due diligence.
With a lot size of only 3,755 sq. ft., the property has limited outdoor space, which may be a drawback for buyers seeking a large yard or significant detached additions.
Welcome to one of the larger homes offered in the North Park area. This home has not been available on the market for over 30 years! 3 bedroom, 3.5 bath with a spacious 1, 564 sq. ft. home. House has had multiple upgrades/renovations yet still retains some of its unique character and style. Located in the heart of North Park near Parks, Pop Restaurants, and a hub of Art and Culture. Backyard has been recently renovated with custom craftsmanship including: artificial turf, artistic designed floor, lounges, shade covers, earthy walkway and plant garden for that peaceful vibe. Take a breath of fresh air and get very comfortable with this relaxing home get away. Beautiful custom slate tile flooring (partial) in the large master bedroom, a single door w/ side venting lights that leads to backyard, recessed lighting, and custom closet storage shelving. Main bathroom has gorgeous custom slate tile surrounding the spa like- deep jetted tub, large luxury style slate shower, recessed wall niche, and high end bathroom vanity cabinet sink. 2nd bedroom has it's own full bath w/ shower and PRIVATE OUTSIDE ENTRY-Rental opportunity! 3rd bedroom has a full bath including shower/tub and has extra closet space. Main entry has ceramic tile flooring and a half bathroom for guests. The spacious living room has original hardwood flooring and overflows to the dining area. Kitchen has recessed lighting above and below cabinets, Corian counters, ALL appliances convey including fridge, stovetop/oven, and microwave. Quaint laundry room, washer and dryer also convey! Garage parking for 1 and up to 2 spots on the driveway. North Park's community Morley Field Park is close distance and offers: archery, trails, golf, pool, disc golf, baseball fields & more. Balboa Park, San Diego Zoo, and the Airport are near by. Public record year built 2023 is an error by the City. Owner believe's it to be 1923, see supplements showing 1912 of property records, buyer is to verify and do their due diligence to find out exact year, and if it may qualify for a historical property. Home was partial Store business many years ago, zoning has changed-buyer to do their due diligence on zoning and does not guarantee any commercial use, may be possible through Neighborhood Use Permit. Exact square footage of lot, and permitting for 3rd bathroom to be investigated by buyer & to due their due diligence to confirm(see supplements)Current zoning allows upward build up to 30ft-confirm w/ City
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 1,564 | 1,240 | 70% |
| Lot Size | 3,755 | 4,399 | 41% |
| Price | $1.40M | $1.21M | 64% |
| Price per sq ft | $895 | $958 | 33% |
| Built year | 1912 | 1934 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 147 | 11% |
Apr 10, 2026
$1,399,000
$1,499,900
-7% Price Drop
Initial Listing
Apr 3, 2026
$1,499,900
Initial Listing