
San Diego, California 92115
This Single Family Residence represents a Strong Value Opportunity, listed at $799,999—positioned well below the $804,132 Fair Market Value by 0.51%. This valuation gap offers $4,133 in Instant Equity. With a Condition Rating of 4, the property features a functional layout and scenic City Lights and Hills views, though it requires cosmetic modernization to maximize its potential. Located near S.D.S.U. and local schools, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3935 Gayle Subject | $799,999* List Price | 3 | 2 | 1,273 | $630 | - |
A 4315 W Overlook Sold | $875,000 | 3 | 2 | 1,244 | $703 | 0.5 mi |
B 4620 Mataro Drive Sold | $731,000 | 3 | 2 | 1,152 | $635 | 0.9 mi |
C 4608 Valencia Sold | $882,500 | 3 | 2 | 1,412 | $625 | 1.0 mi |
D 3836 Brems St. Street Sold | $680,000 | 3 | 1 | 1,044 | $651 | 0.2 mi |
E 3979 Aragon Dr Sold | $765,000 | 3 | 2 | 1,144 | $669 | 0.7 mi |
F 4460 Alamo Way Sold | $680,000 | 3 | 2 | 1,054 | $645 | 0.9 mi |
G 6145 Carling Way Sold | $1,010,000 | 3 | 2 | 1,593 | $634 | 0.4 mi |
H 6074 Rock Street Active | $699,000 List Price | 3 | 1 | 980 | $713 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property shows signs of partial updates including laminate flooring and a modern mini-split HVAC system. However, the agent's description of 'limitless potential' and the need to 'customize the space' indicates that the kitchen and bathrooms are likely dated (15-30+ years) and require modernization to meet current standards.
Situated in the desirable 92115 zip code near San Diego State University (SDSU), this property offers exceptional convenience for students, faculty, and commuters.
The property features elevated views of city lights and rolling hills, providing a picturesque backdrop that enhances the home's aesthetic appeal and market value.
With a functional 3-bedroom layout and a 5,500 sqft lot, the residence offers 'limitless potential' for buyers or investors looking to customize and build equity.
Built in 1951, the home may require updates to major systems or cosmetic modernizations to align with contemporary living standards and energy efficiency.
While local elementary schools are well-rated, the assigned high schools in the district have lower performance scores, which may be a concern for families with older children.
Charming San Diego Residence with Limitless Potential near S.D.S.U.! Welcome to 3935 Gayle Street, a fantastic residential opportunity offering the perfect blend of comfort, convenience & exceptional privacy. Situated in a highly desirable neighborhood in the heart of San Diego's vibrant 92115 zip code, this home features a functional & spacious layout designed to maximize everyday living. Positioned against a peaceful hillside with absolutely no neighbors to the rear, the backyard is a private oasis of calm & serenity—perfect for enjoying quiet mornings watching beautiful sunrises or winding down with stunning Southern California sunsets. The location is unbeatable, boasting close proximity to San Diego State University (S.D.S.U.), local schools, premier dining, shopping centers. Whether you are looking to move right in or customize the space to create your dream home, this property represents a premier piece of San Diego Real Estate with an Incredibly Rare, Private Setting.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,273 | 1,777 |
| Lot Size | 5,500 | 6,600 |
| Price | $800.0K | $1.24M |
| Price per sq ft | $628 | $743 |
| Built year | 1951 | 1972 |
| HOA | $0 | $200 |
| Days on market | 62 | 39 |
May 21, 2026
$799,999
Initial Listing
Nov 3, 2015
$410,000
Public Record
Apr 1, 2010
$249,000
Public Record