
San Diego, California 92116
This property presents a Strong Value Opportunity with a List Price of $950,000—positioned well below the $1,013,206 Fair Market Value by 6%. This valuation gap offers $63,206 in Instant Equity. Featuring a 4,906 sqft lot with ADU development potential, the home maintains a Condition Rating of 4. While the interior requires cosmetic updates, the vintage architectural character and prime Normal Heights location near top-rated schools provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3669 Alexia Pl Subject | $950,000* List Price | 2 | 1 | 1,036 | $978 | - |
A 4721 Marlborough Drive Sold | $940,000 | 2 | 1 | 1,016 | $925 | 0.5 mi |
B 5040 Raymond Place Sold | $970,000 | 2 | 1 | 940 | $1,032 | 0.3 mi |
C 4457 Felton Sold | $946,000 | 3 | 2 | 947 | $999 | 0.7 mi |
D 4463 Bancroft Street Sold | $1,052,000 | 2 | 2 | 978 | $1,076 | 0.8 mi |
E 4455 41st St Active | $899,000 List Price | 2 | 1 | 834 | $1,078 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The 1936 home is well-maintained with fresh interior/exterior paint and modern dual-pane windows, but the kitchen and bathroom are highly dated, featuring vintage tile and older cabinetry/appliances that need updating.
The 4,906 square foot lot is ideally sized and situated for the addition of an Accessory Dwelling Unit (ADU), providing significant value-add potential for rental income or multi-generational living.
Located north of Adams Avenue on a low-traffic street, the property offers a highly desirable residential setting within walking distance to top-rated elementary schools and local amenities.
The home features sought-after vintage details including dramatic open-beam vaulted ceilings, original hardwood floors, and a classic fireplace, all enhanced by modern dual-pane windows and fresh paint.
With only one bathroom for a two-bedroom home, the property may face challenges with buyer demand from families or those seeking a primary suite configuration.
Given the 1936 construction date, the property may require future capital expenditures for aging systems such as plumbing or electrical that are typical for homes of this era.
Hurry to this well priced Normal Heights home located north of Adams Ave! 4,906 square foot lot is ideal for an ADU! Low traffic street! Detached one car garage with an adjoining work shop! Modern dual pane vinyl windows and sliding glass door! Gleaming hardwood floors! Dramatic open beam vaulted living room ceiling! Kitchen with adjoining office space or dining area! Fireplace and bathroom with vintage tile! Freshly painted interior and exterior! Easy care front yard! Citrus trees!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,036 | 1,777.941 |
| Lot Size | 4,906 | 6,474.445 |
| Price | $950.0K | $1.27M |
| Price per sq ft | $917 | $741 |
| Built year | 1936 | 1971 |
| HOA | $0 | $184 |
| Days on market | 1 | 40 |
Sep 8, 2026
$950,000
Initial Listing
Mar 30, 2001
$483,500
Public Record