
San Diego, California 92105
This Dual-Income Residential Asset is offered at a List Price of $965,000, reflecting a strategic valuation alongside its $889,353 Fair Market Value due to its unique income-generating configuration. The property maintains an Excellent Condition Rating after a comprehensive renovation, including a designer kitchen with stone countertops and energy-efficient upgrades. Featuring a remodeled main house, a converted garage apartment, and significant Development Potential for future units, the asset provides immediate cash flow near the 9/10 McKinley Elementary School. This is a premier choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3645 Marlborough Ave Subject | $965,000* List Price | 3 | 3 | 756 | $1,176 | - |
A 4334 41st Pending | $699,000 List Price | 2 | 1 | 760 | $920 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that meets modern quality standards. The interior features a fully updated kitchen with contemporary cabinetry, stone countertops, and stainless steel appliances, along with completely remodeled bathrooms showcasing designer tile work and new fixtures. Additional high-quality upgrades include new flooring throughout, recessed lighting, and energy-efficient mini-split heating and cooling systems.
Elementary School: McKinley Elementary School (9/10).
The property features a recently remodeled main house and a converted garage apartment, both currently leased, providing immediate rental income from two separate units.
Situated in a high-demand area with potential for multiple units, this property offers significant upside for investors looking to densify and maximize the land's value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At a list price of $965,000 for only 756 square feet, the property carries a significant premium that may challenge traditional valuation metrics and appraisal expectations.
The extremely compact footprint shared across three bedrooms and three bathrooms results in very small living areas, which may limit appeal to long-term residential occupants.
Great Investment Opportunity! Single-story home featuring 2 bedrooms and 2 bathrooms, recently remodeled and currently leased for immediate rental income. The property also features a converted garage to 1 bedroom apartment with bedroom, full kitchen & bath, offering added flexibility and potential. Excellent opportunity for future development, with the potential to build multiple units.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 756 | 1,270.5 | 9% |
| Lot Size | 3,685 | 5,285.5 | 41% |
| Price | $965.0K | $740.0K | 94% |
| Price per sq ft | $1.3K | $628 | 99% |
| Built year | 1938 | 1954 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 138 | 26% |
Mar 29, 2026
$965,000
$989,000
-2% Price Drop
Initial Listing
Feb 13, 2026
$989,000
Initial Listing
Jul 11, 2023
$795,000
Public Record
Oct 13, 2022
$399,000
Public Record
Jun 15, 2022
$300,000
Public Record
Apr 26, 2000
$130,000
Public Record