3765 Elliott Street, San Diego, California 92106, San Diego, 92106 - 4 bed, 3 bath
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3765 Elliott Street
San Diego, California 92106
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,700Sq Ft
6,500Lot Size
Property Price
LIST PRICE$1,795,000
EST. MARKET VALUE
$1,818,408
SUMMARY
This Hybrid Single Family Residence represents a Strong Value Opportunity, listed at $1,795,000—positioned well below the $1,818,408 Fair Market Value by 1.29%. This valuation gap provides $23,408 in Instant Equity. Featuring a Condition Rating of 2 with recent interior remodels, the property offers a versatile basement configuration and approved plans for two ADUs and an upstairs addition. Located near top-rated schools like Point Loma High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking significant long-term appreciation.
Estimated Market Value
$1,818,408
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3765 Elliott Street Subject | $1,795,000* List Price | 4 | 3 | 1,700 | $1,070 | - |
A 3537 Browning Street Sold | $1,570,000 | 3 | 1 | 1,428 | $1,099 | 0.3 mi |
B 2325 Palermo Sold | $1,770,000 | 5 | 3 | 2,301 | $769 | 0.3 mi |
C 2689 Narcissus Drive Sold | $1,650,000 | 3 | 2 | 1,505 | $1,096 | 0.2 mi |
D 3614 Plumosa Dr Sold | $1,650,000 | 3 | 2 | 1,849 | $892 | 0.2 mi |
E 3120 Poe Street Sold | $1,525,000 | 3 | 2 | 1,530 | $997 | 0.9 mi |
F 3512 Browning St Sold | $1,575,000 | 3 | 3 | 1,574 | $1,001 | 0.3 mi |
G 3046 Whittier Street Sold | $1,705,000 | 3 | 2 | 1,700 | $1,003 | 0.7 mi |
H 3638 Plumosa Drive Sold | $2,220,000 | 5 | 2 | 2,106 | $1,054 | 0.2 mi |
I 3761 Oleander Dr Active | $1,795,000 List Price | 3 | 3 | 1,642 | $1,093 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1978, the property has undergone a comprehensive recent remodel within the last 5 years. The interior features modern wide-plank flooring, recessed lighting, and fully updated bathrooms with contemporary tile, stone countertops, and new fixtures. The exterior and systems appear well-maintained with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
The property includes a plan set for two ADUs and an upstairs addition, providing a clear path to increase square footage and capture unobstructed 360-degree ocean views.
- Versatile Living Configuration
The basement features a private entry, full bathroom, and separate yard, making it an ideal setup for multi-generational living or immediate rental income potential.
- Prime Corner Lot Location
Situated in the highly sought-after Point Loma Heights, this corner lot offers enhanced privacy, an oversized two-car garage, and proximity to top-rated schools.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 1401. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- High Price per Square Foot
At a list price of $1.795M for 1,700 square feet, the current valuation relies heavily on future development potential rather than the existing finished living area.
- Substantial Construction Commitment
Realizing the property's full potential and ocean views requires the buyer to undertake significant construction and permitting for the proposed additions and ADUs.
About 3765 Elliott Street
Beautiful single story home in the sought-after neighborhood of Point Loma Heights!! This recently remodeled home has been updated throughout and still has a ton of value-add potential. Nestled on a corner lot, it has an oversized 2-car garage and additional living space in the downstairs basement that has it's own entry and comes with a full bathroom, a private fenced-in yard with turf, multiple fruit trees and plenty of storage space. This property also comes with a plan set for 2 ADU's and an upstairs addition with unobstructed 360 ocean views!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Loma Portal Elementary School
Grades K-4 • 0.4 mi
7/10
Correia Middle School
Grades 7-8 • 0.4 mi
6/10
Dana
Grades 5-6 • 1.0 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,700 | 1,777.941 |
| Lot Size | 6,500 | 6,474.445 |
| Price | $1.79M | $1.27M |
| Price per sq ft | $1.1K | $741 |
| Built year | 1978 | 1971 |
| HOA | $0 | $184 |
| Days on market | 39 | 40 |
Pricing History
Listed for Sale
Aug 1, 2026
$1,795,000
Initial Listing
Sold
Jan 17, 2023
$1,050,000
Public Record
Sold
Dec 9, 2022
$900,000
Public Record
Sold
Jun 3, 1999
$300,000
Public Record