3711 Racine, San Diego, California 92115, San Diego, 92115 - 3 bed, 2 bath
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San Diego, California 92115
This Mid-Century Value-Add Residence is a High-Potential Investment Opportunity, listed at $820,000—positioned well below the $854,039 Fair Market Value by 3%. This valuation gap offers $34,039 in Instant Equity for buyers. While the property holds a Condition Rating of 4, its functional but dated interior presents a clear path for forced appreciation through cosmetic updates. The expansive 10,000-square-foot lot and proximity to the 7-rated Rolando Park Elementary provide exceptional long-term value. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3711 Racine Subject | $799,000* List Price | 3 | 2 | 1,399 | $586 | - |
A 6143 Tarragona Drive Sold | $950,000 | 2 | 2 | 1,634 | $581 | 1.0 mi |
B 4330 Alamo Dr Sold | $750,000 | 4 | 2 | 1,280 | $586 | 0.8 mi |
C 3836 Brems St. Street Sold | $680,000 | 3 | 1 | 1,044 | $651 | 0.6 mi |
D 3703 Billman Street Sold | $626,000 | 2 | 1 | 1,044 | $600 | 0.4 mi |
E 6233 Thorn Sold | $800,000 | 3 | 2 | 1,890 | $423 | 0.6 mi |
F 6837 Celia Vista Dr Sold | $710,000 | 4 | 2 | 1,412 | $503 | 0.4 mi |
G 3979 Aragon Dr Pending | $749,000 List Price | 3 | 2 | 1,144 | $655 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but significantly dated, reflecting its 1951 build year with older carpet, popcorn ceilings, and wall-mounted heaters. The kitchen and bathrooms show signs of a previous update (likely 15-25 years ago) with oak cabinetry and white appliances, but they lack modern features and styles. While functional and move-in ready, the home requires cosmetic and system updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 1399.
The property sits on a generous 10,000-square-foot lot with large front and back yards, offering rare outdoor space for gardening, entertaining, or potential ADU development in a central urban setting.
Ideally situated with rapid access to Highway 94, San Diego State University, and major hubs like Downtown and Mission Valley, providing exceptional convenience for professionals and students.
Built in 1951 and noted as needing 'personal touches,' the home likely requires cosmetic or functional updates to meet modern aesthetic standards and buyer expectations.
While the elementary school is a highlight, the assigned middle and high schools have lower performance ratings (3-4), which may be a drawback for families with older children.
Welcome to this well-maintained home, featuring expansive yards in the back and front that provide plenty of space for outdoor entertaining, gardening, and relaxation. With a few personal touches, this can easily become your forever home. The property boasts easy access to local schools, Highway 94, San Diego State University, downtown San Diego, and Mission Valley, making commuting and exploring local attractions a breeze. Experience the perfect blend of comfort, convenience, and location with this exceptional listing—ideal for families and professionals alike.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades PK-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,399 | 1,309 | 57% |
| Lot Size | 10,000 | 6,100 | 82% |
| Price | $799.0K | $950.0K | 27% |
| Price per sq ft | $571 | $734 | 10% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 128 | 17% |
May 6, 2026
$799,000
$820,000
-3% Price Drop
Initial Listing
Apr 16, 2026
$820,000
Initial Listing