3953 Oregon Street, San Diego, California 92104, San Diego, 92104 - 3 bed, 1 bath
3953 Oregon Street
San Diego, California 92104
Property Price
SUMMARY
Analysis of 3953 Oregon Street, San Diego, California 92104 is currently available with a list price of $1,850,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property, built in 1920, is explicitly marketed as a development opportunity, with the listing description indicating that the existing structure will require demolition. The provided image of the current single-family residence shows significant signs of age and disrepair, including peeling paint and weathered siding, consistent with a property whose value lies solely in the land for redevelopment.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: McKinley Elementary School (9/10).
- Prime Development Opportunity
Explicitly marketed for developers, this property offers significant potential for high-density projects in a sought-after urban area.
- Strategic North Park Location
Situated in the heart of North Park, a vibrant and highly desirable San Diego neighborhood, ensuring strong demand for future developments.
CONSRISKS & DEFICIENCIES
- Mandatory Concurrent Purchase
The requirement to purchase an adjacent parcel simultaneously increases the overall investment and complexity, potentially narrowing the pool of interested buyers.
- Demolition Costs & Time
The presence of an existing 1920-built single-family residence implies additional costs and time for demolition before new construction can commence.
- Significant Upfront Investment
The combined purchase of two parcels at this price point represents a substantial capital outlay, requiring a well-funded developer with robust financial capacity.
About 3953 Oregon Street
Attention Developers. 2 contiguous 7k parcels in the heart of North Park in the Transit Priority Area. Being sold together with the neighboring site at 3957-3961 Oregon Street. Both parcels must close concurrently. Complete Communities Tier 3 with a FAR of 6.5. Flat lots with alley access. Bring your fresh ideas to this wonderful development area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Jefferson Elementary School
Grades K-5 • 0.2 mi
Garfield Elementary School
Grades K-5 • 0.6 mi
Birney Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 1,286 | 1,156 | 58% |
| Lot Size | 7,000 | 4,480.5 | 86% |
| Price | $1.85M | $1.19M | 92% |
| Price per sq ft | $1.4K | $983 | 98% |
| Built year | 1920 | 1934 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 155 | 25% |
Pricing History
Listed for Sale
Feb 4, 2026
$1,850,000
$1,875,000
-1% Price Drop
Initial Listing
Price Change
Nov 20, 2025
$1,875,000
Initial Listing
Sold
Oct 28, 2022
$1,715,000
Public Record