
San Diego, California 92115
This Single Family Residence represents a Strong Value Opportunity, listed at $749,999, which aligns with its $749,999 Fair Market Value. While the property is currently priced at market, its Condition Rating of 3 and "limitless potential" offer a clear path for value-add through modernization. Featuring City Lights and Hill Views and a private hillside setting, the home provides a unique lifestyle near S.D.S.U. and local schools. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable asset with significant personalization upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3935 Gayle Subject 3 bd · 2 ba · 1,273 sqft · $589 | $749,999* List Price | 3 | 2 | 1,273 | $589 | - |
A 3412 Hasty Sold 3 bd · 2 ba · 1,198 sqft · $584 · 0.6 mi | $700,000 | 3 | 2 | 1,198 | $584 | 0.6 mi |
B 3447 Hershey Street Sold 2 bd · 1 ba · 1,044 sqft · $761 · 0.6 mi | $795,000 | 2 | 1 | 1,044 | $761 | 0.6 mi |
C 6325 Malcolm Drive Sold 2 bd · 1 ba · 1,082 sqft · $665 · 0.4 mi | $720,000 | 2 | 1 | 1,082 | $665 | 0.4 mi |
D 3836 Brems St. Street Sold 3 bd · 1 ba · 1,044 sqft · $651 · 0.2 mi | $680,000 | 3 | 1 | 1,044 | $651 | 0.2 mi |
E 6062 Streamview Sold 3 bd · 2 ba · 1,425 sqft · $544 · 0.4 mi | $775,000 | 3 | 2 | 1,425 | $544 | 0.4 mi |
F 4620 Mataro Drive Sold 3 bd · 2 ba · 1,152 sqft · $635 · 0.9 mi | $731,000 | 3 | 2 | 1,152 | $635 | 0.9 mi |
G 4608 Valencia Sold 3 bd · 2 ba · 1,412 sqft · $625 · 1.0 mi | $882,500 | 3 | 2 | 1,412 | $625 | 1.0 mi |
H 3504 Glade St Sold 3 bd · 1 ba · 1,044 sqft · $670 · 0.4 mi | $700,000 | 3 | 1 | 1,044 | $670 | 0.4 mi |
I 3726 Nassau Drive Active 4 bd · 2 ba · 1,234 sqft · $689 · 0.8 mi | $850,000 List Price | 4 | 2 | 1,234 | $689 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1951, the interior shows a significant renovation likely performed 10-15 years ago, featuring granite countertops, raised-panel wood cabinetry, and updated laminate flooring. The property is move-in ready and functional, though the 'limitless potential' description and exterior age suggest that systems and cosmetic finishes are beginning to age out of modern trends.
Positioned against a peaceful hillside with no rear neighbors, the property offers a rare and serene private setting that is highly desirable in a dense urban market.
Situated in the vibrant 92115 zip code with close proximity to San Diego State University, this home is ideally located for faculty, students, or investors seeking high rental demand.
The property features impressive views of the city lights and surrounding hills, providing a picturesque backdrop for both sunrises and sunsets.
With 70 days on the market and a recent $50,000 price reduction, the property may be facing challenges related to its initial valuation or buyer interest.
Built in 1951 and marketed as having 'limitless potential,' the home likely requires additional capital investment to update its mid-century infrastructure to modern standards.
Back on the Market!!!!!!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 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,273 | 1,752.269 |
| Lot Size | 5,500 | 6,446.159 |
| Price | $750.0K | $1.27M |
| Price per sq ft | $589 | $736 |
| Built year | 1951 | 1971 |
| HOA | $0 | $186 |
| Days on market | 157 | 41 |
Jul 30, 2026
$749,999
$799,999
-6% Price Drop
Initial Listing
May 21, 2026
$799,999
Initial Listing
Nov 3, 2015
$410,000
Public Record
Apr 1, 2010
$249,000
Public Record